NOT LISTED FOR SALE

Estimated Value: $1,257,000 - $1,852,043

2 Beds
2 Baths
1,100 Sq Ft
$1,329/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $752,000 $684 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,066/month

52 Days on Market

Highlights

  • Foothills
  • Garden
  • Gentle Sloping Lot

About This Home

As of November 2015

This Rare Westchester Duplex with side driveway and remote double garage is located in a highly desirable, safe, quiet residential street and yet within easy access to the beaches, LAX and all desirable amenities necessary for easy living. The two country cottage style units sit on a large elevated lot of over 6500 sf which offers breathtaking views, including the city and mountain ranges. This LAR2 zoned property has the potential to build out or up, with permits, to increase an owner's rental income and presently each 600 sf, 1 bedroom unit could rent for approximately $1500 per month in its present "AS IS" condition. This highly after investment opportunity can be delivered vacant.

Last Agent to Sell the Property

Pete McKinnon

RE/MAX One License #00605896 Listed on: 08/18/2015

RE/MAX One

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,173

Year Built

  • Built in 1943

Lot Details

  • 6,596 Sq Ft Lot
  • Two or More Common Walls
  • Gentle Sloping Lot
  • Garden
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,100 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 193
  • Tax Tract Number 12989
  • Assessor Parcel Number 4107020015

Community Details

Overview

  • 2 Units
  • Foothills

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $13
  • Gross Income $36,000
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,173

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 818-416-9193`
  • Other Phone Number: 818-360-3430
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 4107020015
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 683.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Foothills, Sidewalks, Storm Drains, Suburban

Lot Info

  • Lot Features: Front Yard, Garden, Gentle Sloping, Lot 6500-9999
  • Lot Size Sq Ft: 6596.00
  • Price Per Lot Square Foot: 114.01
  • Lot Size Acres: 0.1510

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 6596.0000 Square Feet
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13.00
  • Tax Lot: 193
  • Tax Tract Number: 12989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2015
Closed on
Sep 22, 2015
Sold by
Stacey Christine P
Bought by
Lee Linda K and The Linda K Lee Living Trust
Seller's Agent
Pete McKinnon
RE/MAX One
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$780,000
Sold Price
$752,000
Premium/Discount to List
-$28,000
-3.59%
Current Estimated Value
$1,462,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,261
Avg. Annual Appreciation
7.02%
Original Mortgage
$488,800
Outstanding Balance
$385,506
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,078,222

Purchase Details

Closed on
May 15, 1998
Sold by
Portier Bernard M
Bought by
Portier Bernard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7.13%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Trust Osterhout Edgar D Co Tr Osterhout
Bought by
Portier Bernard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7.13%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Linda K $752,000 Wfg Title Company
Portier Bernard M -- --
Portier Bernard M $191,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Linda K $488,800
Previous Owner Portier Bernard M $161,500
Previous Owner Portier Bernard M $171,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $752,000 -3.6% $684 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $780,000 -- $709 / 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 $13,173 $1,084,977 $653,452 $431,525
2024 $13,173 $1,063,704 $640,640 $423,064
2023 $12,923 $1,042,848 $628,079 $414,769
2022 $12,330 $1,022,401 $615,764 $406,637
2021 $12,175 $1,002,355 $603,691 $398,664
2019 $11,814 $972,627 $585,786 $386,841
2018 $11,696 $953,556 $574,300 $379,256
2016 $9,183 $752,000 $552,000 $200,000
2015 $3,161 $253,743 $189,979 $63,764
2014 $3,185 $248,773 $186,258 $62,515
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15182895

California Regional Multiple Listing Service (CRMLS)

APN: 4107-020-015