NOT LISTED FOR SALE

7057 Foothill Blvd Tujunga, CA 91042

Estimated Value: $1,169,068

3 Beds
2 Baths
2,919 Sq Ft
$401/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $638,888 $219 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,809/month

23 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Central Heating
  • Verdugo Hills Senior High School Rated A-

About This Home

As of February 2015

Excellent opportunity to own a property on a very desirable and busy are a of Tujunga. This property features four units with own gas meter. One back house with bedrooms and 1 1/2 bath with own back yard, 1+1 apartment on second floor, two front commercial on the front, one car garage plus private parking spaces.
Property "SOLD AS IS" condition no repairs will be done by the seller, Termite report will be provided by the seller. No termite work will be done if any.
Shown by app only please allow few hours in advance before showing.
Low maintenance property.
Motivated seller.
Mixed use commercial and residential property.

Last Agent to Sell the Property

Ada Villanueva

PG & Associates Inc License #01371833 Listed on: 12/17/2014

Co-Listed By

Juvenal Pimentel

Home Sweet Home Realty Services License #00715927

Last Buyer's Agent

Ricardo Pena

LPT Realty, Inc License #01908218

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,444 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 2,919 Sq Ft Home
  • Wood Flooring
  • Mountain Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 94
  • Tax Tract Number 2907
  • Assessor Parcel Number 2568016046

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $30
  • Insurance Expense $107
  • Other Expense $12
  • New Taxes Expense $1,280
  • Gross Income $4,900
  • Net Operating Income $5,784

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,444 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 2568016046
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 218.87

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5444.00
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 4900.00
  • Gross Scheduled Income: 58900.00
  • Insurance Expense: 107.00
  • Lot Size Area: 5444.0000 Square Feet
  • Net Operating Income: 5784.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 482.00
  • Other Expense: 12.00
  • Other Expense Description: La housi
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 1280.00
  • Tax Lot: 94
  • Tax Tract Number: 2907
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2014
Closed on
Feb 24, 2015
Sold by
Mulgado Maria E
Bought by
The Verdugo Real Estate Investments Llc
Seller's Agent
Ada Villanueva
PG & Associates Inc
Buyer's Agent
Ricardo Pena
LPT Realty, Inc
List Price
$660,000
Sold Price
$638,888
Premium/Discount to List
-$21,112
-3.2%
Current Estimated Value
$1,169,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,180
Avg. Annual Appreciation
5.68%
Original Mortgage
$319,000
Outstanding Balance
$243,598
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$931,672

Purchase Details

Closed on
Dec 7, 2007
Sold by
Cooper Barbara and Gay Kathleen A
Bought by
Mulgado Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
The Verdugo Real Estate Investments Llc $639,000 Usa National Title Co
Mulgado Maria E $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Verdugo Real Estate Investments Llc $319,000
Previous Owner Mulgado Maria E $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $638,888 -3.2% $219 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $660,000 -- $226 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,512 $767,838 $540,827 $227,011
2024 $9,512 $752,783 $530,223 $222,560
2023 $9,333 $738,024 $519,827 $218,197
2022 $8,907 $723,554 $509,635 $213,919
2021 $8,788 $709,368 $499,643 $209,725
2019 $8,530 $688,329 $484,824 $203,505
2018 $8,411 $674,833 $475,318 $199,515
2016 $8,023 $648,630 $456,862 $191,768
2015 $7,979 $644,815 $491,810 $153,005
2014 $8,008 $632,185 $482,177 $150,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14260312

California Regional Multiple Listing Service (CRMLS)

APN: 2568-016-046

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