NOT LISTED FOR SALE

Estimated Value: $1,217,000 - $1,787,000

3 Beds
3 Baths
2,400 Sq Ft
$662/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $1,223,990 $510 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,345/month

158 Days on Market

Highlights

  • Two Primary Bathrooms
  • Cathedral Ceiling
  • Marble Countertops
  • Living Room with Fireplace
  • Wood Flooring
  • 6 Car Attached Garage

About This Home

As of June 2016

7,795 sqft lot with superior cash flow, 6% cap rate! This California contemporary is divided into two units. Unit A is freshly remodeled and configured as a 3 bed/ 2 bath plan. The spacious master offers his-and-hers walk in closets and a gracious en suite. Two more bedrooms and a second full bath complete the floor plan for unit A. Unit B is configured as a 2 bed/ 2 bath featuring a generous open concept kitchen and comfortable living room. The master features abundant closet storage and well appointed en suite. An additional bedroom with hallway bath completes the floor plan. Unit C doubles as a guest cottage with spacious living room, full bath, and separate bedroom. Experience the remarkable potential this property offers.

Last Agent to Sell the Property

Stephanie Younger

Compass License #01365696 Listed on: 11/05/2015

Compass

Last Buyer's Agent

Stephanie Younger

Compass License #01365696 Listed on: 11/05/2015

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,453

Year Built

  • Built in 1943

Lot Details

  • 7,795 Sq Ft Lot
  • East Facing Home

Parking

  • 6 Car Attached Garage

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Alarm System

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Stone Porch or Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4107-017-039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,453

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2400
  • Stories: 1
  • Year Built: 1943
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Turnkey
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Tile, Wood
  • Appliances: Built-In Gas, Cooktop - Gas, Oven-Gas
  • Bedrooms: 3
  • Bathroom Features: 2 Master Baths
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Marble Counters
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Hood Fan, Ice Maker, Refrigerator, Washer
  • Price Per S Q F T: 541.25

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Rock/Stone
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street
  • Water Expense: 3000.00

Fee Information

  • Insurance Expense: 1100.00
  • Maintenance Expense: 1860.00

Lot Info

  • Assessed Improvement Value: 178956
  • Assessed Land Value: 492988
  • Assessor Parcel Number: 4107-017-039
  • Geocode Override: No
  • Lot Size Area: 7795

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.53
  • Number Of Units: 3
  • Total Annual Expense: 22197
  • Type Of Units: Duplex
  • Vacancy Rate: 2.7

Tax Info

  • Tax Expense: 16237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Sattar Morgan Zainb Abdel
Bought by
Zainb Abdel Sattar Morgan Revocable Trust
Current Estimated Value
$1,589,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2021
Sold by
Abouelata Wesam and Morgan Zainb
Bought by
Morgan Zainb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2021
Sold by
Hashalh Sabah
Bought by
Abouelata Wesam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2021
Sold by
Kleiman Leonard and Shepard Susan M
Bought by
Abouelata Wesam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2016
Sold by
8330-8332 Lilienthal Ave Llc
Bought by
Kleiman Leonard and Shepard Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2008
Sold by
Orr William
Bought by
8330 & 8332 Lilienthel Ave Llc

Purchase Details

Closed on
Jun 29, 2006
Sold by
The Neil & Sharon Cascadden Family Trust
Bought by
Cascadden Neil R and Cascadden Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 22, 1999
Sold by
Cascadden Neil R
Bought by
Cascadden Neil R and Cascadden Sharon E

Purchase Details

Closed on
Apr 21, 1998
Sold by
Cascadden Family Trust Cascadden, Neil R And
Bought by
Cascadden Neil R and Cascadden Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,750
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Zainb Abdel Sattar Morgan Revocable Trust -- None Listed On Document
Morgan Zainb -- First Amer Ttl Co Glendale
Abouelata Wesam -- Chicago Title Company
Abouelata Wesam $1,499,000 Chicago Title Company
Kleiman Leonard $1,224,000 Fidelity National Title
8330 & 8332 Lilienthel Ave Llc -- None Available
Cascadden Neil R $600,000 Fidelity National Title
Cascadden Neil R -- --
Cascadden Neil R -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Zainb $1,070,000
Previous Owner Abouelata Wesam $1,050,000
Previous Owner Kleiman Leonard $800,000
Previous Owner Orr William T $96,903
Previous Owner Orr William T $776,000
Previous Owner Cascadden Neil R $120,000
Previous Owner Cascadden Neil R $450,000
Previous Owner Cascadden Neil R $124,000
Previous Owner Cascadden Neil R $142,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $1,223,990 -15.6% $510 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $1,450,000 -- $604 / 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 $20,453 $1,686,639 $1,204,724 $481,915
2024 $20,453 $1,653,568 $1,181,102 $472,466
2023 $20,063 $1,621,146 $1,157,944 $463,202
2022 $18,369 $1,528,980 $1,146,480 $382,500
2021 $16,588 $1,366,808 $992,762 $374,046
2020 $12,896 $1,042,174 $738,516 $303,658
2019 $8,264 $670,627 $522,709 $147,918
2018 $8,139 $657,478 $512,460 $145,018
2016 $8,388 $682,191 $500,506 $181,685
2015 $8,267 $671,944 $492,988 $178,956
2014 $8,305 $658,783 $483,332 $175,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-956877

The MLS

APN: 4107-017-039