$915,000
SOLD OCT 18, 2018

7135 Geyser Ave Reseda, CA 91335

11 Beds
7 Baths
2,790 Sq Ft
0.34 Acres

Recently Sold

$328 Per Sq Ft

2% Above List Price

62 Days on Market

Highlights

  • 15,000 Sq Ft lot
  • Ceiling Fan
  • 10 Car Garage
  • Central Heating and Cooling System

About This Home

As of October 2018

Beautiful plantation style estate income property. 4 different buildings combine to create 4 units and a 5th possible unit in garage on an extremely large fully fenced and gated lot revealing a private paradise and breathtaking backyard and complex. Investors dream cash flowing property. Main house is two units currently, 3BD 3BA 1500 sq ft (rented $2500) and a 1100 sq ft 3BD 1BA unit (owner occupied), Attached breezeway leads to a 2 story 4BD 2 BA home, 1200 sq ft. (rented $2,050), 3rd building is a 1BD 1BA 275 sq ft apartment (permitted as storage) (rented for $875). Large shop / garage. Large Trees create a private paradise on a 15000 sq ft lot. Perfect owner occupied investment property or great cash flowing investment to add to investor portfolio. Great location next to restaurants and shopping and residential neighborhood south of property. Tree lined street creates a beautiful neighborhood. Large rooms, open floorplans, granite counters, large tile floors, custom carved ceiling

Last Agent to Sell the Property

Yvette Jordan

eXp Realty of California Inc License #01989758 Listed on: 09/26/2017

eXp Realty of California Inc

Last Buyer's Agent

Yvette Jordan

TruLine Realty License #01989758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,606

Year Built

  • Built in 1939

Parking

  • 10 Car Garage

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Additional Features

  • 0.34 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2126-002-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,606

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Beautiful plantation style estate income property. 4 different buildings combine to create 4 units and a 5th possible unit in garage on an extremely large fully fenced and gated lot revealing a private paradise and breathtaking backyard and complex. Investors dream cash flowing property. Main house is two units currently, 3BD 3BA 1500 sq ft (rented $2500) and a 1100 sq ft 3BD 1BA unit (owner occupied), Attached breezeway leads to a 2 story 4BD 2 BA home, 1200 sq ft. (rented $2,050), 3rd building is a 1BD 1BA 275 sq ft apartment (permitted as storage) (rented for $875). Large shop / garage. Large Trees create a private paradise on a 15000 sq ft lot. Perfect owner occupied investment property or great cash flowing investment to add to investor portfolio. Great location next to restaurants and shopping and residential neighborhood south of property. Tree lined street creates a beautiful neighborhood. Large rooms, open floorplans, granite counters, large tile floors, custom carved ceiling
  • Living Area: 2790
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher
  • Price Per S Q F T: 322.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 231715
  • Assessed Land Value: 82541
  • Assessor Parcel Number: 2126-002-006
  • Geocode Override: No
  • Lot Size Area: 15000

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 13365
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Fernandez Michael
Bought by
Fernandez Michael and Fernandez Amanda
Current Estimated Value
$1,348,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,000
Outstanding Balance
$830,870
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$517,428

Purchase Details

Closed on
Dec 26, 2018
Sold by
Robles Mario and Robles Carlos
Bought by
Fernandez Michael and Fernandez Amanda

Purchase Details

Closed on
Dec 5, 2017
Sold by
Robles Mario and Robles Carlos
Bought by
Fernandez Michael and Fernandez Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,585
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1997
Sold by
Rubio Maria
Bought by
Robles Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1997
Sold by
Matschke Bernice P and Abrams Kenneth M
Bought by
Robles Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Wfg National Title Ins Co
Warranty Deed -- Provident Title Company
Warranty Deed $915,000 Provident Title
Warranty Deed -- Commonwealth Land Title Co
Warranty Deed $157,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $937,000 Purchase Money Mortgage
Previous Owner $90,585 New Conventional
Previous Owner $125,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $915,000 +1.8% $328 / Sq Ft
09/16/2018 09/16/18 For Sale $899,000 -1.7% $322 / Sq Ft
08/26/2018 08/26/18 Off Market $915,000 -- --
11/27/2017 11/27/17 Pending -- -- --
11/24/2017 11/24/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $899,000 -- $322 / Sq Ft
Source: The MLS

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 $12,606 $1,015,116 $557,756 $457,360
2024 $12,606 $995,213 $546,820 $448,393
2023 $12,369 $975,700 $536,099 $439,601
2022 $11,808 $956,570 $525,588 $430,982
2021 $11,645 $937,815 $515,283 $422,532
2019 $11,160 $910,000 $500,000 $410,000
2018 $4,137 $326,949 $85,874 $241,075
2016 $3,927 $314,256 $82,541 $231,715
2015 $3,871 $309,537 $81,302 $228,235
2014 $3,893 $303,475 $79,710 $223,765
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2018

    Yvette Jordan

    eXp Realty of California Inc

    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sierus Erdelyi

    TruLine Realty

    Section Image
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Map

Source: The MLS

MLS Number: 17-274494

The MLS

APN: 2126-002-006

California Los Angeles County Reseda 91335

7135 Geyser Ave, Reseda, CA

This home is located at 7135 Geyser Ave, Reseda, CA 91335 and is currently priced at $915,000, approximately $327 per square foot. This property was built in 1939. 7135 Geyser Ave is a home located in Los Angeles County with nearby schools including Reseda Elementary School, William Mulholland Middle, and Magnolia Science Academy.

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