NOT LISTED FOR SALE

7041 Baird Ave Reseda, CA 91335

Estimated Value: $827,000 - $1,083,000

4 Beds
2 Baths
1,916 Sq Ft
$506/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $660,000 $344 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,838/month

59 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2018

This is a duplex in a very desirable area of Reseda. The front unit is two bedrooms and one bath room and the rear unit is also two bedrooms and one bathroom each unit $2500/month. The total move in cost for each unit to be $5,000 including first months' rent and $2,500 as a refundable security deposit.

Last Agent to Sell the Property

Anna Miduryan

Luxury Collective License #02015759 Listed on: 10/06/2017

Last Buyer's Agent

Balbir Arora

Arora Realty License #01764077

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,999 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5236
  • Assessor Parcel Number 2126009003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $744
  • Water Sewer Expense $1,536
  • New Taxes Expense $4,900
  • Operating Expense $7,180
  • Gross Income $40,020
  • Net Operating Income $32,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1536.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2126009003
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 344.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7999.00

Multi Family

  • Gross Income: 40020.00
  • Gross Scheduled Income: 40020.00
  • Insurance Expense: 744.00
  • Net Operating Income: 32840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7180.00
  • Rent Control: Yes
  • Total Expenses: 7180.00

Tax Info

  • New Taxes Expense: 4900.00
  • Tax Census Tract: 1310.20
  • Tax Lot: 3
  • Tax Tract Number: 5236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Rosas Maria L
Bought by
Janda Raghbir S and Raghbir S Janda Living Trust
Current Estimated Value
$970,061

Purchase Details

Closed on
Aug 13, 2004
Sold by
Ruvalcaba Luis B
Bought by
Rosas Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
Twenty First Century Planning Inc
Bought by
Ruvalcaba Luis B and Rosas Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Janda Raghbir S $660,000 Fidelity National Title
Rosas Maria L -- Landsafe Title
Ruvalcaba Luis B $335,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosas Maria L $364,500
Previous Owner Ruvalcaba Luis B $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2018 05/02/18 Rented $4,200 +68.0% --
05/02/2018 05/02/18 Under Contract -- -- --
03/22/2018 03/22/18 For Rent $2,500 0.0% --
03/16/2018 03/16/18 Sold $660,000 -2.2% $344 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $675,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,179 $750,962 $227,563 $523,399
2024 $9,179 $736,238 $223,101 $513,137
2023 $9,004 $721,803 $218,727 $503,076
2022 $8,588 $707,651 $214,439 $493,212
2021 $8,479 $693,777 $210,235 $483,542
2020 $8,563 $686,984 $208,080 $478,904
2019 $8,227 $673,520 $204,000 $469,520
2018 $5,241 $426,726 $128,555 $298,171
2016 $4,994 $409,850 $123,564 $286,286
2015 $4,921 $403,694 $121,708 $281,986
2014 $4,947 $395,787 $119,324 $276,463
Source: Public Records

Agents Affiliated with this Home

  • Balbir Arora

    Seller's Agent in 2018

    Balbir Arora

    Arora Realty

    (818) 235-7713

    1 in this area

    38 Total Sales

    Balbir Arora
    Section Image
  • Anna Miduryan

    Seller's Agent in 2018

    Anna Miduryan

    Luxury Collective

    (818) 380-5100

    8 Total Sales

    Anna Miduryan
    Section Image

  • D

    Buyer's Agent in 2018

    Delmy Vasquez

    Mission Real Estate

    (818) 516-1906

    5 Total Sales

    Delmy Vasquez
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17231519

California Regional Multiple Listing Service (CRMLS)

APN: 2126-009-003

California Los Angeles County Reseda 91335

7041 Baird Ave, Reseda, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes