Timothy Finn
Pinnacle Estate Properties, Inc.
(747) 237-4206
23 Total Sales
1 in Northridge
$1,375,000 Price
8950 Wilbur Ave Northridge, CA 91324
Northridge AreaEstimated Value: $995,000 - $2,347,137
14
Beds
7
Baths
5,023
Sq Ft
$374/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- 0.61 Acre Lot
- No HOA
- Automatic Gate
- Traditional Architecture
- Neighborhood Views
About This Home
As of April 2022Bread and butter fourplex in Northridge in a gated lot. Each unit has its own address. A huge lot of over 26,000sqf with endless possibilities for expansions. All units are separated and built like individual homes with their own garden. Rents are well below market. Three units are updated, Tenants pay for all utilities except water. Laundry area in each home. There is plenty of parking on-site. The property is in proximity to the Northridge Mall and CSUN. At this price point, this is a great addition to any portfolio or an ideal option for first-time investors or for end-user who wish to live in one of the units and enjoy the additional income. DON'T MISS THIS ONE!
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 26,413 Sq Ft Lot
- Property fronts a private road
- No Common Walls
- Wrought Iron Fence
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Carport
- Parking Available
- Automatic Gate
- Uncovered Parking
Home Design
- Traditional Architecture
- Turnkey
- Slab Foundation
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 5,023 Sq Ft Home
- Neighborhood Views
Kitchen
- Gas Oven
- Gas and Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 14 Bedrooms
- All Bedrooms Down
- 7 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 147
- Assessor Parcel Number 2770001009
- $1,062 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Gardener Expense $1,800
- Insurance Expense $2,000
- Maintenance Expense $2,500
- Water Sewer Expense $5,400
- New Taxes Expense $25,000
- Operating Expense $36,700
- Gross Income $125,388
- Net Operating Income $88,688
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2022
Closed on
Mar 25, 2022
Sold by
Argil Elan
Bought by
Seller's Agent
Lilach Depas
Equity Union
Buyer's Agent
Dikris Celik
Keller Williams Realty Calabasas
List Price
$2,000,000
Sold Price
$2,250,000
Premium/Discount to List
$250,000
12.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$373,716
Avg. Annual Appreciation
-4.04%
Purchase Details
Closed on
Sep 17, 2013
Sold by
Argil Dalit Mayrav
Bought by
Argil Elan
Purchase Details
Closed on
Jun 20, 2013
Sold by
Dentzel Elisabeth Waldo
Bought by
Arqil Elan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 15, 2005
Sold by
Dentzel Elisabeth Waldo and The Elisabeth Waldo Dentzel Re
Bought by
Dentzel Elisabeth Waldo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 2002
Sold by
Dentzel Elisabeth Waldo and Dentzel Elizabeth
Bought by
Revoca Dentzel Elisabeth Waldo and Revoca Elisabeth Waldo Dentzel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.06%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 29, 2001
Sold by
Elisabeth Waldo Dentzel Revocable 1986 T
Bought by
Dentzel Elisabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
7.13%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northridge, CA
-
Timothy Finn
-
Tracey Feder
Tracey Feder
Equity Union
(424) 320-8930
31 Total Sales
1 in Northridge
$1,450,000 Price
-
Oliver Darwich
Oliver Darwich
Compass
(747) 998-0783
38 Total Sales
3 in Northridge
$515K - $680K Price Range
-
Rosa Hurtado
Rosa Hurtado
Equity Union
(661) 481-7789
27 Total Sales
3 in Northridge
$395K - $1.3M Price Range
-
Betty Thomas
Betty Thomas
Keller Williams VIP Properties
(747) 244-4469
18 Total Sales
2 in Northridge
$885K - $1.2M Price Range
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
142 Total Sales
3 in Northridge
$1.2M - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,250,000 | Fidelity National Title | ||
| Argil Elan | -- | Lawyers Title Company | |
| Arqil Elan | $640,000 | Lawyers Title Company | |
| Dentzel Elisabeth Waldo | -- | New Century Title Glendale | |
| Revoca Dentzel Elisabeth Waldo | -- | Fidelity National Title Co | |
| Dentzel Elisabeth | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $680,000 | ||
| Previous Owner | Argil Elan | $670,000 | |
| Previous Owner | Argil Elan | $255,000 | |
| Previous Owner | Arqil Elan | $448,000 | |
| Previous Owner | Dentzel Elisabeth Waldo | $312,000 | |
| Previous Owner | Dentzel Elisabeth | $316,000 | |
| Previous Owner | Dentzel Elisabeth | $316,400 | |
| Previous Owner | Dentzel Elisabeth Waldo | $75,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $2,250,000 | +12.5% | $448 / Sq Ft |
| 03/10/2022 03/10/22 | For Sale | $2,000,000 | -- | $398 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $29,536 | $2,435,470 | $1,731,890 | $703,580 |
| 2025 | $29,536 | $2,387,717 | $1,697,932 | $689,785 |
| 2024 | $29,192 | $2,340,900 | $1,664,640 | $676,260 |
| 2023 | $28,634 | $2,295,000 | $1,632,000 | $663,000 |
| 2022 | $10,815 | $833,609 | $600,678 | $232,931 |
| 2021 | $10,667 | $817,264 | $588,900 | $228,364 |
| 2020 | $10,763 | $808,885 | $582,862 | $226,023 |
| 2019 | $10,319 | $703,301 | $571,434 | $131,867 |
| 2018 | $8,973 | $689,512 | $560,230 | $129,282 |
| 2016 | $8,562 | $662,740 | $538,477 | $124,263 |
| 2015 | $8,444 | $652,786 | $530,389 | $122,397 |
| 2014 | $8,502 | $640,000 | $520,000 | $120,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lilach Depas
Seller's Agent in 2022
Lilach Depas
Equity Union
(818) 674-3374
105 Total Sales
-
Dikris Celik
DC
Buyer's Agent in 2022
Dikris Celik
Keller Williams Realty Calabasas
(818) 360-7001
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22045517
APN: 2770-001-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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