NOT LISTED FOR SALE

Estimated Value: $1,114,000 - $1,429,000

4 Beds
4 Baths
2,550 Sq Ft
$483/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $600,000 $235 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,448/month

13 Days on Market

Highlights

  • No Units Above
  • Mountain View
  • Wooded Lot
  • Verdugo Hills Senior High School Rated A-
  • Property is near a park
  • Traditional Architecture

About This Home

As of October 2013

Great Income Property Opportunity! Quadraplex with each unit 1 bedroom/1 full bathroom. Each unit has it's own Dining area, water heater, electrical meter, and gas meter & 2 units w/washer/dryer hookups,. Clean & Well Kept on Corner Lot with Green Belt & 1 Unit with a fully landscaped front yard. 4 Assigned Parking Spaces plus street parking nearby. Beautiful neighborhood with mountain view near the Foothills of the San Gabriel Mountains. This walkable community is conveniently located near the 210 freeway, Sunland Shopping Mall, Sunland Park & Recreation Center and much more. Los Angeles Rent control Area.

Last Agent to Sell the Property

Desiree Vavak

North American Realty License #01847388 Listed on: 09/02/2013

Last Buyer's Agent

Freeman Baldwin

License #01854425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,526

Year Built

  • Built in 1957

Lot Details

  • 5,729 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Partially Fenced Property
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Front Yard

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Wood Siding
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Living Room
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 21
  • Tax Tract Number 6502
  • Assessor Parcel Number 2560006017

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mountainous Community
  • Greenbelt

Recreation

  • Horse Trails

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $700
  • Insurance Expense $1,372
  • Water Sewer Expense $900
  • New Taxes Expense $7,900
  • Operating Expense $10,892
  • Gross Income $3,575
  • Net Operating Income $30,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,526

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: 2 Gas Stoves & 4 Window AC unis
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Sunland-E.La Tuna Cyn-Lake Terrace-Tujug
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: RD2-1
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 2560006017
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: 2+ Access Exits, No Interior Steps, Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 235.29
  • Room Type: Living Room
  • Window Features: Blinds, Screens, Wood Frames

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Fencing: Block, Partial
  • Pool Private: No
  • Spa: No
  • Construction Materials: Shingle Siding, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Horse Trails, Mountainous, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Greenbelt, Landscaped, Rectangular Lot, Paved, Park Nearby, Corner Lot, Near Public Transit, Treed Lot
  • Lot Size Sq Ft: 5729.00
  • Lot Size Acres: 0.1320

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 637
  • Gross Income: 3575.00
  • Gross Scheduled Income: 42900.00
  • Insurance Expense: 1372.00
  • Lot Size Area: 5729.0000 Square Feet
  • Net Operating Income: 30400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 3
  • Number With Disposal: 4
  • Number With Range: 2
  • Operating Expense: 10892.00
  • Rent Control: Yes
  • Total Actual Rent: 3575.00
  • Total Expenses: 10892.00

Tax Info

  • New Taxes Expense: 7900.00
  • Tax Lot: 21
  • Tax Tract Number: 6502
  • Tax Annual Amount: 9526.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2013
Closed on
Oct 2, 2013
Sold by
Garcia Juan A and Garcia Sonia A
Bought by
Heap Leah and Baldwin Freeman
Seller's Agent
Desiree Vavak
North American Realty
Buyer's Agent
Freeman Baldwin
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Current Estimated Value
$1,230,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,432
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jun 26, 2005
Sold by
Hotnog Tudor and Hotnog Lucille
Bought by
Garcia Juan A and Garcia Sonia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 19, 2003
Sold by
Kamakian Vatche Avak and Kamakian Seta
Bought by
Hotnog Tudor and Hotnog Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.93%

Purchase Details

Closed on
Apr 25, 2002
Sold by
Kamakian Vatche Avak and Kamakian Seta
Bought by
Kamakian Vatche Avak and Kamakian Seta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.18%

Purchase Details

Closed on
May 14, 2001
Sold by
Kamakian Vatche Avak and Kamakian Seta
Bought by
Kamakian Vatche Avak and Kamakian Seta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
7.03%

Purchase Details

Closed on
May 4, 2001
Sold by
Gamboa Louis and Steiner Joel
Bought by
Markarian Pakrad and Markarian Katrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
7.03%

Purchase Details

Closed on
May 8, 1996
Sold by
Great Western Bank Fsb
Bought by
Steiner Joel and Gamboa Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,826
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1996
Sold by
Tchatalbachian Genia and Great Western Bank Fsb
Bought by
Great Western Bank Fsb
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
Heap Leah $600,000 Old Republic Title Company
Garcia Juan A $670,000 First American Title
Hotnog Tudor $360,000 Chicago Title Co
Kamakian Vatche Avak -- --
Kamakian Vatche Avak -- First American Title Co
Kamakian Vatche Avak -- Chicago Title Co
Markarian Pakrad -- Chicago Title Co
Steiner Joel $140,000 Chicago Title
Great Western Bank Fsb $142,437 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Juan A $536,000
Previous Owner Hotnog Tudor $150,000
Previous Owner Hotnog Tudor $37,000
Previous Owner Hotnog Tudor $288,000
Previous Owner Kamakian Vatche Avak $204,000
Previous Owner Markarian Pakrad $200,800
Previous Owner Steiner Joel $139,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $600,000 -2.4% $235 / Sq Ft
09/15/2013 09/15/13 Pending -- -- --
09/02/2013 09/02/13 For Sale $615,000 -- $241 / 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 $9,076 $735,508 $429,047 $306,461
2024 $9,076 $721,087 $420,635 $300,452
2023 $8,905 $706,949 $412,388 $294,561
2022 $8,497 $693,088 $404,302 $288,786
2021 $8,385 $679,499 $396,375 $283,124
2019 $8,138 $659,346 $384,619 $274,727
2018 $8,041 $646,419 $377,078 $269,341
2016 $7,673 $621,320 $362,437 $258,883
2015 $7,563 $611,988 $356,993 $254,995
2014 $7,610 $600,000 $350,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13177600

California Regional Multiple Listing Service (CRMLS)

APN: 2560-006-017