NOT LISTED FOR SALE

709 Pico St San Fernando, CA 91340

Estimated Value: $776,000 - $933,000

3 Beds
3 Baths
1,702 Sq Ft
$491/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $440,000 $259 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,023/month

Highlights

  • No HOA
  • Laundry Room
  • Level Lot
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • 3-minute walk to Cesar E. Chávez Memorial Park

About This Home

As of November 2015

What a great deal! Legal duplex - 2 separate homes on a lot. 709 Pico is the main house with 2 bedrooms, 2 baths, laundry in home, central air and heat. Great sized kitchen with lots of cabinets. Main house was rebuilt from the ground up in 1994. Huge double detached garage. There is also a nice front porch area, huge covered patio and large front yard. 707 Pico is the back house which has 1 bedroom and 1 bath. Wall heater and window a/c. Also a nice porch with it's own private driveway. Back house was built in the 1970s and the roof was replaced in 2013. The size of each unit is estimated based on info from tax assessor for back house (684 sqft) and permit on file for main house (1018 sqft). Buyer to do their own investigation to satisfy themselves of square footage. Both homes are in need a little tender loving care. Both homes are separately metered for water, power and gas. Homes are occupied so please drive by and make offers subject to inspection.

Last Agent to Sell the Property

Poupee Komenkul

Rodeo Realty License #01060862 Listed on: 09/15/2015

Rodeo Realty

Last Buyer's Agent

LUIS MORALES

PACIFIC REALTY CENTER License #01273423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,242

Year Built

  • Built in 1994

Lot Details

  • 7,490 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Shingle Roof

Interior Spaces

  • 1,702 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 38 / 19
  • Tax Tract Number 3203
  • Assessor Parcel Number 2522019024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • New Taxes Expense $4,500
  • Gross Income $2,500
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,242

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 2522019024
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 258.52

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7490.00
  • Price Per Lot Square Foot: 57.40
  • Lot Size Acres: 0.1720

Multi Family

  • Average1 Bed Area: 684
  • Average2 Bed Area: 1018
  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 700.00
  • Lot Size Area: 7490.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 1
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Block: 19
  • Tax Lot: 38
  • Tax Tract Number: 3203.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Oct 20, 2015
Sold by
Haas Mary Helen
Bought by
Castillon Salvador L and Castillon Elisa
Seller's Agent
Poupee Komenkul
Rodeo Realty
Buyer's Agent
LUIS MORALES
PACIFIC REALTY CENTER
List Price
$429,900
Sold Price
$440,000
Premium/Discount to List
$10,100
2.35%
Current Estimated Value
$835,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,830
Avg. Annual Appreciation
6.68%
Original Mortgage
$260,000
Outstanding Balance
$104,771
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$731,059

Purchase Details

Closed on
Apr 29, 2010
Sold by
Rodriguez Grace O and The Grace O Rodriguez Family T
Bought by
Haas Mary Helen

Purchase Details

Closed on
Feb 5, 2003
Sold by
Rodriguez Grace O and Case #Pp004610
Bought by
Rodriguez Grace O and The Grace Rodriguez Family Tru

Purchase Details

Closed on
Jul 24, 2002
Sold by
Rodriguez Grace O and Case #Pp 004610
Bought by
Rodriguez Grace O and The Grace O Rodriguez Family T

Purchase Details

Closed on
Mar 21, 1995
Sold by
Rodriguez Grace O
Bought by
Rodriguez Francisco M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.9%
Source: Public Records

Range of Values:

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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
Castillon Salvador L $440,000 Fatcola
Haas Mary Helen -- None Available
Rodriguez Grace O -- --
Rodriguez Grace O -- --
Rodriguez Francisco M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillon Salvador L $260,000
Previous Owner Rodriguez Francisco M $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2015 11/17/15 Sold $440,000 +2.3% $259 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $429,900 -- $253 / 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 $7,242 $520,863 $312,518 $208,345
2024 $7,242 $510,651 $306,391 $204,260
2023 $7,199 $500,639 $300,384 $200,255
2022 $6,883 $490,824 $294,495 $196,329
2021 $6,698 $481,201 $288,721 $192,480
2020 $6,900 $476,268 $285,761 $190,507
2019 $6,682 $466,930 $280,158 $186,772
2018 $6,597 $457,775 $274,665 $183,110
2016 $6,343 $440,000 $264,000 $176,000
2015 $747 $40,781 $21,391 $19,390
2014 $761 $39,983 $20,972 $19,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15204192

California Regional Multiple Listing Service (CRMLS)

APN: 2522-019-024