Seller's Agent in 2017
Rick Applebaum
Morgan Skenderian
(949) 251-8800
74 Total Sales
7192 Cerritos Ave Stanton, CA 90680
Stanton Area
8
Beds
5
Baths
11,124
Sq Ft
0.55
Acre Lot
About This Home
As of April 2017- Highly Motivated Sellers
- 92% Two Bedroom Units
- 11.84 GRM and 5.6% CAP on Realistic Market Rents
- Development Potential for Additional Untis
- Corner Lot Location – Over ½ Acre
- Great Rental Location on Major Thoroughfare
Last Agent to Sell the Property
Morgan Skenderian License #01273871 Listed on: 09/07/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 23,997 Sq Ft Lot
- 1 Common Wall
- Density is 11-15 Units/Acre
Parking
- 1 Car Garage
Home Design
- 11,124 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 313
- Assessor Parcel Number 07931301
Community Details
Overview
- 3 Buildings
- 13 Units
Building Details
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $3,977
- Maintenance Expense $14,081
- Other Expense $500
- Trash Expense $7,416
- Water Sewer Expense $7,416
- New Taxes Expense $38,089
- Operating Expense $73,280
- Gross Income $17,282
- Net Operating Income $127,883
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 7, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,440,000
Interest Rate
0.0314%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 8, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,937,000
Interest Rate
0.0387%
Mortgage Type
Construction
Purchase Details
Closed on
May 8, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
0.0386%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 6, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
0.0491%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jan 27, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
0.0491%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jan 26, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
0.0491%
Mortgage Type
Negative Amortization
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title | ||
| $2,725,000 | Ticor Title Co | ||
| -- | First American Title Insuran | ||
| -- | Civic Center Title Services | ||
| -- | Civic Center Title Services | ||
| -- | Civic Center Title Services | ||
| $1,690,000 | Civic Center Title Services |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,440,000 | ||
| Previous Owner | $1,937,000 | ||
| Previous Owner | $1,350,000 | ||
| Previous Owner | $1,155,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2017 04/27/17 | Sold | $2,725,000 | -26.8% | $245 / Sq Ft |
| 12/30/2016 12/30/16 | Price Changed | $3,725,000 | +29.8% | $335 / Sq Ft |
| 12/13/2016 12/13/16 | Pending | -- | -- | -- |
| 10/20/2016 10/20/16 | Price Changed | $2,870,000 | -2.5% | $258 / Sq Ft |
| 09/21/2016 09/21/16 | Price Changed | $2,945,000 | -1.0% | $265 / Sq Ft |
| 09/07/2016 09/07/16 | For Sale | $2,975,000 | -- | $267 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $31,343 | $2,350,185 | $1,740,880 | $609,305 |
| 2024 | $29,872 | $2,304,103 | $1,706,745 | $597,358 |
| 2023 | $29,121 | $2,258,925 | $1,673,279 | $585,646 |
| 2022 | $28,553 | $2,214,633 | $1,640,470 | $574,163 |
| 2021 | $28,796 | $2,171,209 | $1,608,304 | $562,905 |
| 2020 | $28,400 | $2,148,946 | $1,591,812 | $557,134 |
| 2019 | $27,657 | $2,106,810 | $1,560,600 | $546,210 |
| 2018 | $27,268 | $2,065,500 | $1,530,000 | $535,500 |
| 2017 | $20,102 | $1,463,982 | $1,187,153 | $276,829 |
| 2016 | $20,011 | $1,435,277 | $1,163,876 | $271,401 |
| 2015 | $19,777 | $1,413,718 | $1,146,393 | $267,325 |
| 2014 | $18,872 | $1,386,026 | $1,123,937 | $262,089 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Applebaum
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16196573
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.
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
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