NOT LISTED FOR SALE

7600 Mason Ave Winnetka, CA 91306

Estimated Value: $1,183,000 - $1,585,000

7 Beds
6 Baths
3,980 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $862,000 $217 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,500/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Shutters
  • Wood Flooring
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2016

Recently Renovated and ready for you !!!! Super nice and newly painted 4 units building; prime Winnetka location, excellent Mix. Main House offers 3 BR.+2 Bath., 5 car garage + Laundry Room. HURRY TO SUBMIT won't last long. please Do not disturb the tenants. Drive by Only.

Last Agent to Sell the Property

Cecilia Gutierrez

Valley Asset & Investment Corp. License #01919218 Listed on: 05/06/2016

Last Buyer's Agent

Gary Zeytuntsyan

Gary Zeytuntsyan License #01255214

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,146 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,980 Sq Ft Home
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 27095
  • Assessor Parcel Number 2114002001

Community Details

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,200
  • Gardener Expense $840
  • Insurance Expense $1,700
  • Trash Expense $1,500
  • Water Sewer Expense $2,700
  • New Taxes Expense $8,166
  • Gross Income $6,545
  • Net Operating Income $61,474

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 7.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2700.00
  • Architectural Style: Contemporary, Traditional
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 2114002001
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Brick Walls, Ceramic Counters, Ceiling Fan(s), Granite Counters, Copper Plumbing Partial, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Fireplace Features: Living Room
  • Price Per Square Foot: 216.58
  • Window Features: Shutters

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6146.00
  • Price Per Lot Square Foot: 140.25
  • Lot Size Acres: 0.1410

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 6545.00
  • Gross Scheduled Income: 78540.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6146.0000 Square Feet
  • Net Operating Income: 61474.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 17066.00
  • Rent Control: Yes
  • Total Actual Rent: 2032.00

Tax Info

  • New Taxes Expense: 8166.00
  • Tax Lot: 1
  • Tax Tract Number: 27095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2017
Sold by
Selame Rowland
Bought by
13993 Foothill Blvd Llc
Current Estimated Value
$1,419,067

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 10, 2016
Sold by
Ouet Gloria Lucia
Bought by
Selame Rowland
Seller's Agent
Cecilia Gutierrez
Valley Asset & Investment Corp.
Buyer's Agent
Gary Zeytuntsyan
Gary Zeytuntsyan
List Price
$879,900
Sold Price
$862,000
Premium/Discount to List
-$17,900
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$646,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2016
Closed on
May 9, 2016
Sold by
Rodriguez Edwin M and Heredia Jose L
Bought by
Selame Rowland
Seller's Agent
Cecilia Gutierrez
Valley Asset & Investment Corp.
Buyer's Agent
Gary Zeytuntsyan
Gary Zeytuntsyan
List Price
$879,900
Sold Price
$862,000
Premium/Discount to List
-$17,900
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
The Roberto Vargas Cestui Que Trust
Bought by
Rodriguez Edwin M and Heredia Jose L

Purchase Details

Closed on
May 16, 2011
Sold by
Rodriguez Edwin M and Heredia Jose L
Bought by
The Roberto Vargas Cestui Que Trust

Purchase Details

Closed on
Jun 3, 2010
Sold by
Rodriguez Edwin M and Heredia Jose L
Bought by
Zepeda David and The Robert & Janis Mann & Evan

Purchase Details

Closed on
Jan 28, 2005
Sold by
Vargas Elizabeth
Bought by
Heredia Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Ray Sean
Bought by
Rodriguez Edwin M and Heredia Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2004
Sold by
Ray Laura
Bought by
Ray Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2004
Sold by
East William V and East Dorothy A
Bought by
Ray Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
13993 Foothill Blvd Llc -- Accommodation
Selame Rowland -- Chicago Title Company
Selame Rowland $865,000 Chicago Title Company
Rodriguez Edwin M -- None Available
The Roberto Vargas Cestui Que Trust -- None Available
Zepeda David -- None Available
Heredia Jose L -- Fidelity National Title Co
Rodriguez Edwin M $719,000 Fidelity National Title Co
Ray Sean -- Ctc
Ray Sean $630,000 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selame Rowland $646,500
Previous Owner Rodriguez Edwin M $575,200
Previous Owner Ray Sean $567,000
Closed Rodriguez Edwin M $71,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $862,000 -2.0% $217 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $879,900 -- $221 / 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 $12,951 $1,023,979 $409,591 $614,388
2024 $12,750 $1,003,902 $401,560 $602,342
2023 $12,511 $984,219 $393,687 $590,532
2022 $11,944 $964,921 $385,968 $578,953
2021 $11,785 $946,001 $378,400 $567,601
2020 $11,899 $936,821 $374,520 $562,301
2019 $11,442 $918,463 $367,177 $551,286
2018 $11,328 $900,465 $359,978 $540,487
2016 $9,559 $760,000 $307,300 $452,700
2015 $8,166 $429,609 $257,766 $171,843
2014 $5,664 $421,194 $252,717 $168,477
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cecilia Gutierrez

    Valley Asset & Investment Corp.

    (818) 404-4759

    13 Total Sales

    Cecilia Gutierrez
    Section Image
  • Gary Zeytuntsyan

    Buyer's Agent in 2016

    Gary Zeytuntsyan

    Gary Zeytuntsyan

    (818) 389-0800

    10 Total Sales

    Gary Zeytuntsyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16035270

California Regional Multiple Listing Service (CRMLS)

APN: 2114-002-001

California Los Angeles County Winnetka 91306

7600 Mason Ave, Winnetka, CA

Not Listed for Sale

MultiFamily

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