$1,550,000
SOLD MAR 28, 2019
-- Bed
-- Bath
726 Sq Ft
9,100 Sq Ft Lot

Recently Sold

$2,135 Per Sq Ft

6% Below List Price

4 Days on Market

About This Home

As of December 2021

It's "Showtime" in star-studded Toluca Lake! A developer's dream located just minutes from Universal City and major motion picture, television and recording studios! 9,100 square feet of prime real estate zoned R-3. Existing house, apartment and garage can be replaced by up to 11 luxury condo units or apartments.. Easy access to local transportation including Metro Rail, Rapid Transit and all freeways - ..A" RARE AND EXCEPTIONAL" residential investment opportunity and one of the last available sites in an ideal neighborhood.

Last Agent to Sell the Property

Luanne Prima

Nest Seekers License #01338606 Listed on: 02/04/2019

Last Buyer's Agent

Jennifer Niman

Berkshire Hathaway HomeServices California Properties License #00965903

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,735

Year Built

  • Built in 1937

Parking

  • 4 Parking Spaces

Home Design

  • 726 Sq Ft Home

Additional Features

  • 9,100 Sq Ft Lot
  • Heating System Uses Propane

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2423-004-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,735

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 726
  • Year Built: 1937
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 2272.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 4

Utilities

  • Heating: Propane Gas

Lot Info

  • Assessed Improvement Value: 59477
  • Assessed Land Value: 223300
  • Assessor Parcel Number: 2423-004-012
  • Geocode Override: No
  • Lot Size Area: 9100

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Tear downs
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 13, 2021
Sold by
Toluca Lot 152 Llc
Bought by
Newcastle Realty Llc
Seller's Agent
Sam Liberow
Marcus & Millichap
Buyer's Agent
Sam Liberow
Marcus & Millichap
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Current Estimated Value
$2,025,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,679
Avg. Annual Appreciation
3.34%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 25, 2019
Sold by
Veraldi James and The Sam Artinoff Living Trust
Bought by
Toluca Lot 152 Llc
Seller's Agent
Luanne Prima
Nest Seekers
Buyer's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jul 22, 2011
Sold by
Veraldi Sadie
Bought by
Artinoff Sam

Purchase Details

Closed on
Apr 11, 2006
Sold by
Artinoff Agnes
Bought by
Veraldi Sadie M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,800,000 Lawyers Title
Grant Deed $1,550,000 Lawyers Title Insurance Comp
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $1,800,000 -5.0% $863 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $1,895,000 +22.3% $908 / Sq Ft
03/28/2019 03/28/19 Sold $1,550,000 -6.1% $2,135 / Sq Ft
02/04/2019 02/04/19 For Sale $1,650,000 -- $2,273 / Sq Ft
Source: The MLS

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
2024 $22,735 $1,872,720 $1,872,720 --
2023 $22,290 $1,836,000 $1,836,000 $0
2022 $21,403 $1,800,000 $1,800,000 $0
2021 $19,180 $1,597,378 $1,391,265 $206,113
2020 $19,378 $1,581,000 $1,377,000 $204,000
2019 $3,859 $294,200 $232,321 $61,879
2018 $3,745 $288,432 $227,766 $60,666
2016 $3,565 $277,233 $218,922 $58,311
2015 $3,516 $273,070 $215,634 $57,436
2014 $3,541 $267,722 $211,411 $56,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-430674

The MLS

APN: 2423-004-012