NOT LISTED FOR SALE

7059 Day St Tujunga, CA 91042

Estimated Value: $472,526 - $1,390,000

5 Beds
5 Baths
2,480 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $700,000 $282 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,200/month

16 Days on Market

Highlights

  • Foothills
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Verdugo Hills Senior High School Rated A-

About This Home

As of December 2014

Great investment on a huge lot!! 2 duplexes, each with separate tax bill, 1 house with separate tax bill, and 1 parking lot with 10+ parking spaces!!! 3-5 units have been remodeled, units have vaulted ceilings. Projected rents $55,200. Projected gross rate multiplier 13.22. 4 APNs - 2565-016-013, 2565-016-014, 2565-016-020, and 2565-016-021.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 10/07/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 10,099 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 10 Parking Spaces

Home Design

  • 2,480 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4479
  • Assessor Parcel Number 2565016013

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Foothills

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $787
  • Water Sewer Expense $1,156
  • New Taxes Expense $9,124
  • Gross Income $4,450
  • Net Operating Income $42,333

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • CapRate: 6.04
  • Property Attached: Yes
  • Water Sewer Expenses: 1156.00
  • Property Type: Residential Income
  • Parcel Number: 2565016013
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 282.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Foothills

Lot Info

  • Lot Features: Back Yard, Front Yard, Paved
  • Lot Size Sq Ft: 10099.00
  • Lot Size Acres: 0.2320

Multi Family

  • Gross Income: 4450.00
  • Gross Multiplier: 13.22
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 787.00
  • Lot Size Area: 10099.0000 Square Feet
  • Net Operating Income: 42333.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 11067.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9124.00
  • Tax Lot: 12
  • Tax Tract Number: 4479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Vahe And Ani Tachdjian Family Trust
Bought by
Tachdjian Ani and Tachdjian Natalie
Current Estimated Value
$763,882

Purchase Details

Closed on
Mar 4, 2022
Sold by
Vahe Tachdjian
Bought by
Vahe And Ani Tachdjian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2022
Sold by
Vahe Tachdjian
Bought by
Vahe And Ani Tachdjian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2014
Closed on
Nov 19, 2014
Sold by
Chadwick Thomas Gerald
Bought by
Vahe & Ani Tachdjian Family Trust
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$729,927
Sold Price
$700,000
Premium/Discount to List
-$29,927
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$485,000
Interest Rate
3.96%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 16, 2010
Sold by
Chadwick Kelly
Bought by
Chadwick James Alan

Purchase Details

Closed on
Aug 26, 2009
Sold by
Chadwick James Alan
Bought by
Chadwick Thomas Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Chadwick Richard Edward
Bought by
Chadwick Thomas Gerald

Purchase Details

Closed on
Dec 14, 1993
Sold by
Chadwick Robert Cecil and Chadwick Thomas Gerald
Bought by
Chadwick Robert Cecil
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tachdjian Ani -- None Listed On Document
Vahe And Ani Tachdjian Family Trust -- --
Vahe And Ani Tachdjian Family Trust -- --
Vahe & Ani Tachdjian Family Trust $700,000 Fidelity National Title Co
Chadwick James Alan -- First American Title Ins Co
Chadwick Thomas Gerald -- First American Title Ins Co
Chadwick Thomas Gerald -- None Available
Chadwick Robert Cecil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vahe And Ani Tachdjian Family Trust $500,000
Previous Owner Vahe And Ani Tachdjian Family Trust $500,000
Previous Owner Vahe & Ani Tachdjian Family Trust $485,000
Previous Owner Chadwick Thomas Gerald $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $700,000 -4.1% $282 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $729,927 -- $294 / 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 $2,521 $204,304 $108,161 $96,143
2024 $2,521 $200,299 $106,041 $94,258
2023 $2,473 $196,372 $103,962 $92,410
2022 $2,357 $192,523 $101,924 $90,599
2021 $2,329 $188,749 $99,926 $88,823
2019 $2,259 $183,153 $96,963 $86,190
2018 $2,218 $179,562 $95,062 $84,500
2016 $2,118 $172,592 $91,372 $81,220
2015 $2,088 $170,000 $90,000 $80,000
2014 $1,144 $88,042 $60,434 $27,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14216398

California Regional Multiple Listing Service (CRMLS)

APN: 2565-016-013