NOT LISTED FOR SALE

Estimated Value: $1,263,000 - $1,636,000

6 Beds
4 Baths
2,972 Sq Ft
$484/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,175,000 $395 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,114/month

64 Days on Market

Highlights

  • Primary Bedroom Suite
  • Two Homes on a Lot
  • Laundry Room
  • 0.34 Acre Lot
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Rare chance! Two separate 3 bedroom & 2 bath homes on one huge 15, 000 Sqft lot! 6727 Gloria Ave & 6729 Gloria Ave! Prime lake balboa location with lots of greenery! Endless possibilities & potential here! Each home has its own meters for electric, gas & water! Separate front & back yards! Excellent floor plans! Outstanding location! Close to everything! Lake Balboa living at its best!

Last Agent to Sell the Property

Mike Glickman

Represented By License #00687722 Listed on: 10/07/2021

Co-Listed By

David Weisman

Represented By License #00963129

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,259

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x300
  • No Common Walls
  • Paved or Partially Paved Lot

Home Design

  • Duplex

Interior Spaces

  • 2,972 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite

Additional Homes

  • Two Homes on a Lot

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 7167
  • Assessor Parcel Number 2233019010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,259

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Other Phone Description: 805-657-7414
  • Other Phone Number: 805-657-7414
  • Price Per Unit: 600000
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2233019010
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Price Per Square Foot: 395.36
  • Room Type: Living Room, Master Suite

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size: 50x300
  • Lot Size Sq Ft: 15002.00
  • Lot Size Acres: 0.3444

Multi Family

  • Lot Size Area: 15002.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Area: 16
  • Tax Lot: 39
  • Tax Tract Number: 7167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Naraghi Mahmood and Dianat Marzi
Bought by
Naraghi Revocable Living Trust and Naraghi
Current Estimated Value
$1,439,110

Purchase Details

Listed on
Oct 7, 2021
Closed on
May 11, 2022
Sold by
Deborah Schatz Lynne
Bought by
Naraghi Mahmood and Dianat Marzi
Seller's Agent
Mike Glickman
Represented By
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$998,750
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Schatz Lynne
Bought by
Schatz Lynne Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
4.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Naraghi Revocable Living Trust -- None Listed On Document
Schatz Lynne Deborah -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schatz Lynne Deborah $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,175,000 -2.1% $395 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $1,200,000 0.0% $404 / Sq Ft
10/07/2021 10/07/21 For Sale $1,200,000 -- $404 / 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 $15,259 $1,246,918 $742,845 $504,073
2024 $15,259 $1,222,470 $728,280 $494,190
2023 $14,968 $1,198,500 $714,000 $484,500
2022 $5,227 $398,283 $107,357 $290,926
2021 $5,152 $390,474 $105,252 $285,222
2020 $5,196 $386,471 $104,173 $282,298
2019 $5,008 $378,894 $102,131 $276,763
2018 $4,786 $371,466 $100,129 $271,337
2016 $4,550 $357,043 $96,242 $260,801
2015 $4,487 $351,681 $94,797 $256,884
2014 $4,517 $344,793 $92,941 $251,852
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21222783

California Regional Multiple Listing Service (CRMLS)

APN: 2233-019-010