NOT LISTED FOR SALE

722 Coronel St San Fernando, CA 91340

Estimated Value: $1,132,667 - $1,235,000

6 Beds
4 Baths
2,696 Sq Ft
$435/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $1,015,000 $376 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,408/month

72 Days on Market

About This Home

As of September 2023

The sale of The Coronel Street Apartments is located in the revitalizing City of San Fernando. This 4-unit multifamily building is comprised of (2) one bedroom + one bath units, and(2) two bedroom + one bath units. The property has been upgraded with copper plumbing throughout the building, a new roof, and new paved concrete driveway. The building was constructed in 1965 and is NOT subject to the Los Angeles rent control ordinance only State rent control AB 1482 applies. Conveniently located within a short walking distance to Downtown San Fernando. The Coronel Street Apartments have an amazing walking score of 86 and is conveniently located near freeways (210, 118, 5), Hospitals (Providence Holy Cross Medical Center),and Schools (O'Melveny Elementary, San Fernando Middle school, and San Fernando Senior High School). This is a great intro property for any investor looking to enter into the multifamily market or a great addition to a growing portfolio.

Last Agent to Sell the Property

Luis Morales

Remax Commercial and Investment Realty License #01485986 Listed on: 05/28/2023

Remax Commercial and Investment Realty

Last Buyer's Agent

Luis Morales

Remax Commercial and Investment Realty License #01485986 Listed on: 05/28/2023

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,147

Year Built

  • Built in 1965

Lot Details

  • 5,001

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Detached Carport Space

Additional Features

  • 5,001 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2522-021-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,147

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2696
  • Lot Acreage: 0.1148
  • Year Built: 1965
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 370.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 40.60
  • Assessed Improvement Value: 301188
  • Assessed Land Percent: 59.4
  • Assessed Land Value: 440628
  • Total Assessed Value: 741816
  • Assessor Parcel Number: 2522-021-016
  • Lot Size Area: 5001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.93
  • Number Of Units: 4
  • Total Annual Expense: 23979
  • Type Of Units: Multifamily
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2025
Sold by
Apt Coronel Llc
Bought by
Gutierrez Abraham and Gutierrez Miguel
Current Estimated Value
$1,173,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Outstanding Balance
$707,390
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$466,277

Purchase Details

Closed on
Feb 21, 2024
Sold by
Gutierrez Abraham and Guitierrez Miguel
Bought by
Apt Coronel Llc

Purchase Details

Listed on
May 28, 2023
Closed on
Aug 24, 2023
Sold by
Armienta Trust
Bought by
Gutierrez Abraham and Gutierrez Miguel
Seller's Agent
Luis Morales
Remax Commercial and Investment Realty
Buyer's Agent
Luis Morales
Remax Commercial and Investment Realty
List Price
$1,400,000
Sold Price
$1,015,000
Premium/Discount to List
-$385,000
-27.5%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$710,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2015
Closed on
Feb 1, 2016
Sold by
Salazar Maria Isabel and Salazar Maria L
Bought by
The Armienta Trust
Seller's Agent
Matt Sreden
Spectrum Commercial Real Estate, Inc.
Buyer's Agent
Matt Sreden
Spectrum Commercial Real Estate, Inc.
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$450,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2015
Sold by
Salazar Veronica and Deflorencio Alex De
Bought by
Salazar Maria Isabel and Irrevocable Living Trust Of Ar

Purchase Details

Closed on
Jul 29, 2015
Sold by
Salazar Veronica and De Florencio Alex
Bought by
Salazar Maria I and The Irrivocable Living Trust O

Purchase Details

Closed on
May 11, 2015
Sold by
Salazar Veronica
Bought by
Salazar Veronica and Deflorencia Alex

Purchase Details

Closed on
Jan 26, 2008
Sold by
Salazar Veronica and Salazar Arturo Ruiz
Bought by
Salazar Veronica and Salazar Arturo Ruiz

Purchase Details

Closed on
Oct 17, 1996
Sold by
Salazar Veronica and Espinoza Gabriel
Bought by
Salazar Veronica and Salazar Arturo Ruiz

Purchase Details

Closed on
Apr 18, 1996
Sold by
Mendez Rosa
Bought by
Mendez Francisco L

Purchase Details

Closed on
Mar 8, 1996
Sold by
Quintana Hector
Bought by
Quintana Theresa Solis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,041
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 1996
Sold by
Lugo Candy and Quintana Theresa Solis
Bought by
Salazar Veronida and Espinoza Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,041
Interest Rate
7.84%
Mortgage Type
FHA
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
Gutierrez Abraham -- Wfg National Title Company
Apt Coronel Llc -- None Listed On Document
Gutierrez Abraham $1,015,000 Fidelity National Title
The Armienta Trust $665,000 Lawyers Title
Salazar Maria Isabel -- None Available
Salazar Maria I -- None Available
Salazar Veronica -- None Available
Salazar Veronica -- None Available
Salazar Veronica -- --
Mendez Francisco L -- --
Quintana Theresa Solis -- American Coast Title
Solis Thomas -- American Coast Title
Lugo Candy -- American Coast Title
Salazar Veronida $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Abraham $708,000
Previous Owner Gutierrez Abraham $710,500
Previous Owner The Armienta Trust $450,000
Previous Owner Salazar Veronida $170,041
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $1,015,000 +1.5% $376 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $1,000,000 -13.0% $371 / Sq Ft
07/19/2023 07/19/23 Price Changed $1,150,000 -17.9% $427 / Sq Ft
05/28/2023 05/28/23 For Sale $1,400,000 +110.5% $519 / Sq Ft
03/02/2016 03/02/16 Sold $665,000 -4.9% $247 / Sq Ft View Prior Sale
12/18/2015 12/18/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $699,000 -- $259 / 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 $14,147 $1,035,300 $622,200 $413,100
2024 $14,147 $1,015,000 $610,000 $405,000
2023 $10,783 $756,651 $449,440 $307,211
2022 $10,306 $741,816 $440,628 $301,188
2021 $10,023 $727,272 $431,989 $295,283
2019 $9,999 $705,703 $419,177 $286,526
2018 $9,948 $691,866 $410,958 $280,908
2016 $7,028 $484,987 $260,610 $224,377
2015 $4,252 $284,315 $162,268 $122,047
2014 $4,264 $278,747 $159,090 $119,657
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luis Morales

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2016

    Matt Sreden

    Spectrum Commercial Real Estate, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 23-275463

The MLS

APN: 2522-021-016

California Los Angeles County San Fernando 91340

722 Coronel St, San Fernando, CA

This home is located at 722 Coronel St, San Fernando, CA 91340 since 28 May 2023 and is currently estimated at $1,173,667, approximately $435 per square foot. This property was built in 1965. 722 Coronel St is a home located in Los Angeles County with nearby schools including O'Melveny Elementary School, San Fernando Middle School, and San Fernando Senior High School.

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