NOT LISTED FOR SALE

7508 Lindley Ave Reseda, CA 91335

Estimated Value: $1,048,000 - $1,079,000

4 Beds
2 Baths
1,077 Sq Ft
$994/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $953,000 $885 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,603/month

29 Days on Market

Highlights

  • Community Stables
  • Bonus Room
  • Laundry Room
  • Wood Flooring
  • Recessed Lighting
  • Storage

About This Home

As of November 2021

Live in one and rent the other. Each unit feels like it's own private residence. Front unit is a 2 bedroom 1 bath, with a sunroom is being used as a 3rd bedroom and has its own private bathroom. Living room features a wood burning fireplace, ceiling fans throughout the entire home. Fence divides each unit. Entire back unit is newer and was finalized in 2019 and it features 3 bedrooms and 2 baths, recessed lighting throughout, custom built kitchen with quartz counter and custom bathrooms. Rear unit was built meticulously seller took great pride while building. Both units have AC and heating, their own laundry area. Home also has a leased solar panel.

Last Agent to Sell the Property

Jesus Languren

eXp Realty of California Inc License #01774763 Listed on: 09/21/2021

eXp Realty of California Inc

Last Buyer's Agent

ASUNCION JIMENEZ-VARGAS

REALTY MASTERS & ASSOCIATES, INC. License #01936033

REALTY MASTERS & ASSOCIATES, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 9,100 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • No Sprinklers

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, insurance, trash collection, water
  • Tax Lot 1
  • Assessor Parcel Number 2120019010

Community Details

Overview

  • 2 Buildings

Recreation

  • Community Stables

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Operating Expense $2,080
  • Gross Income $5,300
  • Net Operating Income $2,555

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

9,100 Sq Ft Lot

Listing Details

  • Assessments: No
  • Inclusions: Front unit 7508 the following appliances are included range/oven, refrigerator and microvave. Only front unit has a wood fireplace.
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2120019010
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Room Type: Bonus Room

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Stable(s)

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9100.00
  • Lot Size Acres: 0.2089

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Multi Family

  • Gross Income: 5300.00
  • Gross Scheduled Income: 5300.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9100.0000 Square Feet
  • Net Operating Income: 2555.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 90.00
  • Rent Control: Yes
  • Total Actual Rent: 5300.00
  • Total Expenses: 2080.00

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Pilar Costales Jr Ronaldo and Buzino Mayya
Bought by
Solneshka Llc
Current Estimated Value
$1,070,172

Purchase Details

Closed on
Aug 27, 2020
Sold by
Zaragoza Jaime Manzo
Bought by
Zaragoza Jaime Manzo and Perez Areli Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2011
Closed on
May 25, 2012
Sold by
Cortina Mariana S
Bought by
Zaragoza Jaime Manzo
Seller's Agent
Rutilo Medina
RE/MAX Alliance Group
Buyer's Agent
Jesus Languren
Century 21 Everest
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$193,869
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 10, 2011
Closed on
May 23, 2012
Sold by
Gay Areli
Bought by
Zaragoza Jaime Manzo
Seller's Agent
Rutilo Medina
RE/MAX Alliance Group
Buyer's Agent
Jesus Languren
Century 21 Everest
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,869
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2002
Sold by
Reyes Georgina Cortina
Bought by
Cortina Mariana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 2000
Sold by
Trust Cortina, Mariana S Tr Mariana S Cor
Bought by
Colls Mariana Cortina and Reyes Georgina Cortina

Purchase Details

Closed on
Jul 23, 1998
Sold by
Cortina Mariana S
Bought by
Cortina Mariana S and The Mariana S Cortina Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solneshka Llc -- Accommodation/Courtesy Recordi
Solneshka Llc -- Accommodation/Courtesy Recordi
Zaragoza Jaime Manzo -- Lawyers Title
Zaragoza Jaime Manzo $230,000 Fidelity National Title Co
Zaragoza Jaime Manzo -- Fidelity National Title Co
Cortina Mariana S -- Southland Title
Colls Mariana Cortina -- --
Cortina Mariana S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaragoza Jaime Manzo $457,000
Previous Owner Zaragoza Jaime Manzo $193,869
Previous Owner Zaragoza Jaime Manzo $30,000
Previous Owner Cortina Mariana S $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $953,000 -0.7% $885 / Sq Ft
10/18/2021 10/18/21 Price Changed $960,000 -12.7% $891 / Sq Ft
09/21/2021 09/21/21 For Sale $1,099,999 +378.3% $1,021 / Sq Ft
06/01/2012 06/01/12 Sold $230,000 -6.1% $214 / Sq Ft View Prior Sale
05/09/2012 05/09/12 Price Changed $245,000 0.0% $227 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/13/2012 02/13/12 Pending -- -- --
10/18/2011 10/18/11 Price Changed $245,000 0.0% $227 / Sq Ft
10/18/2011 10/18/11 For Sale $245,000 +6.5% $227 / Sq Ft
08/18/2011 08/18/11 Off Market $230,000 -- --
08/08/2011 08/08/11 Price Changed $215,000 -17.3% $200 / Sq Ft
06/10/2011 06/10/11 For Sale $260,000 -- $241 / Sq Ft
Source: Ventura County Regional Data Share

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 $12,407 $1,018,759 $456,319 $562,440
2024 $12,407 $998,784 $447,372 $551,412
2023 $12,169 $979,200 $438,600 $540,600
2022 $11,607 $960,000 $430,000 $530,000
2021 $5,647 $446,411 $160,132 $286,279
2020 $5,700 $441,835 $158,491 $283,344
2019 $3,355 $258,973 $155,384 $103,589
2018 $3,284 $253,896 $152,338 $101,558
2016 $3,136 $244,038 $146,423 $97,615
2015 $3,093 $240,373 $144,224 $96,149
2014 $3,112 $235,665 $141,399 $94,266
Source: Public Records

Agents Affiliated with this Home

  • Jesus Languren

    Seller's Agent in 2021

    Jesus Languren

    eXp Realty of California Inc

    (805) 844-4412

    1 in this area

    58 Total Sales

    Jesus Languren
    Section Image

  • A

    Buyer's Agent in 2021

    ASUNCION JIMENEZ-VARGAS

    REALTY MASTERS & ASSOCIATES, INC.

    Section Image

  • R

    Seller's Agent in 2012

    Rutilo Medina

    RE/MAX

    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-8518

Ventura County Regional Data Share

APN: 2120-019-010

California Los Angeles County Reseda 91335

7508 Lindley Ave, Reseda, CA

Not Listed for Sale

MultiFamily

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