Seller's Agent in 2022
Filip Niculete
Marcus & Millichap
(818) 357-9525
2 in this area
100 Total Sales
Estimated Value: $1,202,000 - $1,582,000
We are pleased to present 10154 Hillhaven Ave located in Tujunga, California. Current improvements consist of a 4-unit building totaling 2,649 square feet of rentable area. This 12,009 square feet lot, zoned R3-1, allows a developer the opportunity to build 15 units by-right or up to 22 units with its allowable density bonus. The neighborhood lies between the Verdugo Mountains and the San Gabriel Mountains. It is contiguous on the east with La Crescenta- Montrose. Sunland and Tujunga are divided by Mount Gleason Avenue, with Sunland on the west and Tujunga on the east. Mount Lukens, located within Tujunga, is the highest point in Los Angeles.The site is zoned R3, allowing a developer many options when designing the project. By right, the zoning allows for 15 units with a 33-foot height limit and a building envelope of 24,500 square feet. A developer can build 22 units with the allowable density bonus and go as high as 44 feet and a building envelope of 33,971 square feet. The only requirement to receive this bonus is to designate at least 11% for very low income or 20% for low income.Lastly, this property generates over $4,500 per month in gross rental income, helping the buyer offset the carrying costs. Also, since this property has 4-units, it qualifies for residential financing. With today's historically low interest rates, the buyer would only need a 25% down payment to get a 5-year ARM mortgage with a rate as low as 3.25%.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 02/01/2022
Last Buyer's Agent
Raffi Soualian
License #01887303
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hillhaven Apartments Llc | -- | None Listed On Document | |
| Bedrossian Garo | -- | None Listed On Document | |
| Bekmezian Ara | $1,275,000 | Ticor Title | |
| Karimi Jora | -- | Clearmark Title Company | |
| Karimi Jora | -- | Priority Title Company | |
| 10154 Hillhaven Llc | -- | -- | |
| Karimi Jora | $585,000 | Investors Title | |
| Bazikian Jean | -- | Investors Title | |
| Karimi Jora | -- | Investors Title | |
| Demirjian Harout | $330,000 | Fidelity | |
| Nazaryan Ruben | -- | -- | |
| Nazaryan Ruben | $222,000 | -- | |
| Geramipour Hossein | $130,000 | American Coast Title | |
| Home Svgs Of America Fsb | $148,750 | Investors Title | |
| Geramipour Hossein | -- | -- | |
| Kalim Zakarya S | -- | -- | |
| Kalim Zakarya S | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bekmezian Ara | $892,500 | |
| Previous Owner | Karimi Jora | $343,000 | |
| Previous Owner | Karimi Jora | $380,000 | |
| Previous Owner | Demirjian Harout | $247,500 | |
| Previous Owner | Nazaryan Ruben | $166,500 | |
| Previous Owner | Geramipour Hossein | $91,000 | |
| Closed | Karimi Jora | $47,500 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $1,275,000 | -3.8% | $481 / Sq Ft |
| 02/01/2022 02/01/22 | For Sale | $1,325,000 | -- | $500 / Sq Ft |
| 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 | $16,498 | $1,353,040 | $955,087 | $397,953 |
| 2024 | $16,498 | $1,326,510 | $936,360 | $390,150 |
| 2023 | $16,183 | $1,300,500 | $918,000 | $382,500 |
| 2022 | $10,550 | $855,616 | $643,321 | $212,295 |
| 2021 | $10,415 | $838,840 | $630,707 | $208,133 |
| 2020 | $10,517 | $830,239 | $624,240 | $205,999 |
| 2019 | $10,112 | $813,960 | $612,000 | $201,960 |
| 2018 | $8,934 | $712,245 | $549,805 | $162,440 |
| 2016 | $8,532 | $684,589 | $528,456 | $156,133 |
| 2015 | $8,410 | $674,307 | $520,519 | $153,788 |
| 2014 | $8,462 | $661,099 | $510,323 | $150,776 |
Seller's Agent in 2022
Filip Niculete
Marcus & Millichap
(818) 357-9525
2 in this area
100 Total Sales
Seller Co-Listing Agent in 2022
Andy Kawatra
Andy Anubhav Kawatra
(818) 456-7846
1 in this area
21 Total Sales
R
Buyer's Agent in 2022
Raffi Soualian
T
Buyer Co-Listing Agent in 2022
Taline Soualian
Source: The MLS
MLS Number: 22-123691
APN: 2565-013-039