NOT LISTED FOR SALE

Estimated Value: $1,051,000 - $1,429,000

6 Beds
3 Baths
2,482 Sq Ft
$498/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $750,000 $302 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,609/month

61 Days on Market

About This Home

As of January 2017

$20,000 reduced for a quick sale!!!
Well-maintained 3 units sharing a wonderful front garden. All 3 units are 2 bed. New exterior paint. Ideal Mid Valley location, close to civic center, shopping, public transportation, and job centers. Below market rents with huge upside potential. Good income from laundry room with washer & dryer owned. Assigned carports. Area is going through rapid transition with huge new development right across the street. Please do not contact tenants and drive-by only. Interior inspection upon accepted offer.

Last Agent to Sell the Property

Karl Asatryan

Multi Zone Realty Inc. License #01370712 Listed on: 08/31/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,636

Year Built

  • Built in 1953

Lot Details

  • 6,025 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • 2,482 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 222
  • Tax Tract Number 1000
  • Assessor Parcel Number 2217030012

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $1,000
  • Water Sewer Expense $4,980
  • New Taxes Expense $9,000
  • Gross Income $4,088
  • Net Operating Income $315,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,636

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4980.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 2217030012
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 302.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6025.00
  • Price Per Lot Square Foot: 130.29

Multi Family

  • Gross Income: 4088.00
  • Gross Scheduled Income: 48936.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 315000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 16599.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Lot: 222
  • Tax Tract Number: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 30, 2016
Sold by
Malakian Tereza
Bought by
Yeliazyan Aram
Seller's Agent
Karl Asatryan
Multi Zone Realty Inc.
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%
Current Estimated Value
$1,236,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,204
Avg. Annual Appreciation
5.95%
Original Mortgage
$562,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Iskandaryan Zarui
Bought by
Yeliazyan Aram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 1, 2016
Sold by
Ghazvini Siavash
Bought by
Iskandaryan Zarui
Seller's Agent
Luis Garcia
Real Brokerage Technologies, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$540,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Meguerdijian Sarkis
Bought by
Ghazvini Siavash and Ghazvini Kimberly Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2000
Sold by
Meguerdijian Sarkis
Bought by
Meguerdijian Sarkis and Meguerdijian Dzovinar

Purchase Details

Closed on
Feb 2, 1999
Sold by
Meguerdijian Sarkis
Bought by
Meguerdijian Sarkis and Meguerdijian Dzovinar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.79%
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 Buyer Sale Price Title Company
Yeliazyan Aram -- Western Resources Title
Yeliazyan Aram $750,000 Western Resources Title
Iskandaryan Zarui $720,000 Lawyers Title
Ghazvini Siavash $526,000 Alliance Title
Meguerdijian Sarkis -- --
Meguerdijian Sarkis -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeliazyan Aram $535,000
Previous Owner Yeliazyan Aram $562,500
Previous Owner Iskandaryan Zarui $540,000
Previous Owner Ghazvini Siavash $483,000
Previous Owner Meguerdijian Sarkis $250,000
Previous Owner Ghazvini Siavash $400,000
Previous Owner Ghazvini Siavash $73,400
Previous Owner Meguerdijian Sarkis $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2017 01/04/17 Sold $750,000 -4.5% $302 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $785,000 +4.7% $316 / Sq Ft
07/20/2016 07/20/16 Sold $750,000 0.0% $302 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $750,000 -- $302 / 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 $10,636 $870,433 $522,260 $348,173
2024 $10,636 $853,367 $512,020 $341,347
2023 $10,433 $836,635 $501,981 $334,654
2022 $9,952 $820,232 $492,139 $328,093
2021 $9,823 $804,150 $482,490 $321,660
2019 $9,532 $780,300 $468,180 $312,120
2018 $9,429 $765,000 $459,000 $306,000
2016 $7,475 $607,210 $346,319 $260,891
2015 $7,368 $598,090 $341,117 $256,973
2014 $6,842 $540,000 $310,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16191755

California Regional Multiple Listing Service (CRMLS)

APN: 2217-030-012