NOT LISTED FOR SALE

7535 Amigo Ave Reseda, CA 91335

Estimated Value: $1,075,000 - $1,423,000

4 Beds
3 Baths
2,218 Sq Ft
$576/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $788,000 $355 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,619/month

147 Days on Market

Highlights

  • Parking available for a boat
  • Living Room with Fireplace
  • Guest Parking
  • 21,014 Sq Ft lot
  • Oversized Parking
  • Central Heating

About This Home

As of July 2017

Attention all Investors! Private, gated, Ranch-style duplex with one additional unit which is permitted as a "utility room" that has been converted to a live-in studio with a full kitchen, washer and dryer. Live in the main house and collect rents from 2 additional units. Each unit has their own laundry inside. Huge, beautiful lot of 21,014 square-feet with mature trees, privacy, a barn and covered deck for work or play. Room to park 10 cars with additional RV and boat parking. Main house has 3 bedrooms + 1 bath with fireplace. Guest house has fireplace and Saltillo tiles. All units will be delivered vacant at close of escrow. Property is sub-dividable into 4 lots. Charming Hacienda style and indoor-outdoor living make this unique property an oasis in the city. A Must See!

Last Agent to Sell the Property

Michael Kayem

Estate Properties License #01320892 Listed on: 01/05/2017

Estate Properties

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot

Home Design

  • Duplex

Interior Spaces

  • 2,218 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking
  • Controlled Entrance

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 2118-010-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2218
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Appliances: Gas
  • Bedrooms: 4
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 360.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Boat, Controlled Entrance, Covered Parking, Driveway, Garage - 2 Car, Oversized, Parking for Guests, RV Access
  • Total Parking: 10

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 110955
  • Assessed Land Value: 355062
  • Assessor Parcel Number: 2118-010-021
  • Geocode Override: No
  • Lot Size Area: 21014

Rental Info

  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jul 7, 2017
Sold by
Yu Lok Yan
Bought by
Lee Gerald
Seller's Agent
Michael Kayem
Estate Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$850,000
Sold Price
$788,000
Premium/Discount to List
-$62,000
-7.29%
Current Estimated Value
$1,277,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,161
Avg. Annual Appreciation
5.84%
Original Mortgage
$591,000
Outstanding Balance
$490,508
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$786,653

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jun 12, 2017
Sold by
Crowlow Jennifer and Botham Kevin
Bought by
Lee Gerald
Seller's Agent
Michael Kayem
Estate Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$850,000
Sold Price
$788,000
Premium/Discount to List
-$62,000
-7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Outstanding Balance
$490,508
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$786,653

Purchase Details

Closed on
Jun 6, 2008
Sold by
Croslow Jennifer
Bought by
Croslow Jennifer and Botham Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2008
Sold by
Pino Donald J
Bought by
Croslow Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Gerald -- Progressive Title Company
Lee Gerald $788,000 Progressive Title Company
Croslow Jennifer -- None Available
Croslow Jennifer $420,000 First Southwestern
Pino Donald J -- First Southwestern
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Gerald $591,000
Previous Owner Croslow Jennifer $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $788,000 -1.4% $355 / Sq Ft
02/23/2017 02/23/17 Price Changed $799,000 -6.0% $360 / Sq Ft
01/05/2017 01/05/17 For Sale $850,000 -- $383 / 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 $11,291 $896,604 $537,052 $359,552
2024 $11,291 $879,024 $526,522 $352,502
2023 $11,082 $861,790 $516,199 $345,591
2022 $10,586 $844,893 $506,078 $338,815
2021 $10,453 $828,327 $496,155 $332,172
2019 $10,152 $803,760 $481,440 $322,320
2018 $9,922 $788,000 $472,000 $316,000
2016 $5,786 $466,017 $355,062 $110,955
2015 $5,704 $459,018 $349,729 $109,289
2014 $5,738 $450,028 $342,879 $107,149
Source: Public Records

Agents Affiliated with this Home

  • Michael Kayem

    Seller's Agent in 2017

    Michael Kayem

    Estate Properties

    (310) 739-8029

    39 Total Sales

    Michael Kayem
    Section Image

  • S

    Buyer's Agent in 2017

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 17-190402

The MLS

APN: 2118-010-021

California Los Angeles County Reseda 91335

7535 Amigo Ave, Reseda, CA

Not Listed for Sale

MultiFamily

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