$850,000
SOLD APR 20, 2021

7508 Nestle Ave Reseda, CA 91335

4 Beds
3 Baths
2,040 Sq Ft
0.31 Acres

Recently Sold

$417 Per Sq Ft

Highlights

  • Parking available for a boat
  • Art Studio
  • Maid or Guest Quarters
  • Detached Guest House
  • 0.31 Acre Lot
  • Lawn

About This Home

As of September 2023

Subject to cancellation of existing Escrow. Great investment opportunity . House on a 13,505 SQFT Lot , 2040 Square Feet living space 4 bedrooms 2 bathrooms , main bedroom with private bath sliding door that leads a large cover patio and back yard . Tile and laminated floors throughout the house , large living room kitchen offers granite counter tops oak cabinets and enclosed laundry area next to it . There is also a guest unit with one bedroom , bathroom , kitchen and living room and has separate gas and electricity meters .
This property is classify as a duplex you can build another house or subdivide into two lots and sell both homes separately . Agent this home will sell quickly . See remarks for details

Last Agent to Sell the Property

Ramiro Gutierrez

HomeSmart Evergreen Realty License #01136216 Listed on: 11/08/2020

HomeSmart Evergreen Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,441

Year Built

  • Built in 1947

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Circular Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,040 Sq Ft Home
  • Living Room
  • Art Studio
  • Gas Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 7308
  • Assessor Parcel Number 2119009001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,441

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2119009001
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2040.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 416.67
  • Room Type: All Bedrooms Down, Art Studio, Guest/Maid's Quarters, Living Room

Exterior Features

  • Foundation: Slab
  • Other Structures: Guest House Detached
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Circular Driveway, Concrete, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 13505.00
  • Lot Size Acres: 0.3100
  • Latitude Manual: 34.20810300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13505.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1318.00
  • Tax Lot: 37
  • Tax Tract Number: 7308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Sep 14, 2023
Sold by
Ed And Em Family Trust and Khizarchyan Edgar
Bought by
Valencia Real Estate
Seller's Agent
Artur Aslanyan
AVH Realty And Finance, Inc.
Buyer's Agent
Artur Aslanyan
American Reality
List Price
$1,149,000
Sold Price
$905,000
Premium/Discount to List
-$244,000
-21.24%
Views
75
Current Estimated Value
$1,055,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,838
Avg. Annual Appreciation
7.97%
Original Mortgage
$650,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2022
Sold by
Edgar Khizarchyan
Bought by
Ed And Em Family Trust

Purchase Details

Listed on
Nov 8, 2020
Closed on
Apr 15, 2021
Sold by
Hovhannisyan Emma
Bought by
Khizarchyan Edgar
Seller's Agent
Ramiro Gutierrez
HomeSmart Evergreen Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$0
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2020
Sold by
Herrera Rafael A and Herrera Maria Ines
Bought by
Khizarchyan Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2001
Sold by
Herrera Rafael A and Ruiz Olga
Bought by
Herrera Rafael A and Herrera Maria Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,897
Interest Rate
7.09%

Purchase Details

Closed on
Oct 27, 1997
Sold by
Deleon Alvaro H
Bought by
Ruiz Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,434
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1997
Sold by
Melton Laveta M Revocable Trust
Bought by
Herrera Rafael A and Ruiz Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,434
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1997
Sold by
Melton Laveta M
Bought by
Melton Linda and Laveta M Melton Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,595
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1995
Sold by
Fratus Thomas Paul
Bought by
Fratus Patricia A

Purchase Details

Closed on
Dec 7, 1994
Sold by
Melton Laveta M
Bought by
Melton Laveta M and Fratus Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,698
Interest Rate
9.25%
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
Grant Deed $905,000 Chicago Title Company
Deed -- None Listed On Document
Deed -- Consumers Title
Grant Deed $850,000 Consumers Title
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $137,000 --
Interfamily Deed Transfer -- --
Gift Deed -- American Title Ins Co
Interfamily Deed Transfer -- World Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $650,000 Construction
Previous Owner $0 New Conventional
Previous Owner $680,000 New Conventional
Previous Owner $143,897 No Value Available
Previous Owner $135,434 FHA
Previous Owner $7,595 Purchase Money Mortgage
Previous Owner $39,698 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $905,000 -9.5% $444 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $999,900 -13.0% $490 / Sq Ft
09/05/2023 09/05/23 Price Changed $1,149,900 +0.1% $564 / Sq Ft
09/04/2023 09/04/23 For Sale $1,149,000 +35.2% $563 / Sq Ft
04/20/2021 04/20/21 Sold $850,000 0.0% $417 / Sq Ft
03/30/2021 03/30/21 For Sale $850,000 0.0% $417 / Sq Ft
03/24/2021 03/24/21 Off Market $850,000 -- --
03/15/2021 03/15/21 For Sale $850,000 0.0% $417 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $850,000 -- $417 / 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 $11,441 $923,100 $561,000 $362,100
2024 $11,441 $905,000 $550,000 $355,000
2023 $12,206 $969,000 $459,000 $510,000
2022 $10,683 $867,000 $413,100 $453,900
2021 $3,463 $253,811 $133,991 $119,820
2020 $3,489 $251,410 $132,618 $118,792
2019 $3,368 $246,485 $130,018 $116,467
2018 $3,189 $241,657 $127,469 $114,188
2016 $3,033 $232,082 $122,520 $109,562
2015 $2,992 $228,597 $120,680 $107,917
2014 $3,016 $224,121 $118,317 $105,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20235770

California Regional Multiple Listing Service (CRMLS)

APN: 2119-009-001