NOT LISTED FOR SALE

10721 Bloomfield St North Hollywood, CA 91602

Estimated Value: $1,622,000 - $2,282,000

6 Beds
4 Baths
3,900 Sq Ft
$480/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $975,000 $250 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $11,523/month

Highlights

  • No HOA
  • Rio Vista Elementary Rated A-
  • Carpet

About This Home

As of April 2014

FANTASTIC INVESTMENT OPPORTUNITY! prime location , 4 unit complex (5 units, but permits need to be verified for additional unit.) 2 two bed unit and 2 one bed units. Well maintained building.

Last Agent to Sell the Property

aleya hamid

No Firm Affiliation License #01393994 Listed on: 01/22/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,767

Year Built

  • Built in 1970

Lot Details

  • 5,066 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,900 Sq Ft Home
  • Carpet
  • Free-Standing Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 2423016008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $600
  • Gardener Expense $900
  • Insurance Expense $3,000
  • Water Sewer Expense $15,000
  • Gross Income $4,300
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,767

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 15000.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 2423016008
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Appliances: Free-Standing Range
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5066.00
  • Lot Size Acres: 0.1160

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4300.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 5066.0000 Square Feet
  • Net Operating Income: 43000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9000.00
  • Rent Control: Yes
  • Total Actual Rent: 4300.00

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 12, 2014
Sold by
Nazari Narineh
Bought by
Artoonabedi Simon
Seller's Agent
aleya hamid
No Firm Affiliation
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,870,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,794
Avg. Annual Appreciation
5.80%
Original Mortgage
$675,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 5, 2014
Sold by
Kadir Abdul
Bought by
Artoonabedi Simon
Seller's Agent
aleya hamid
No Firm Affiliation
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2012
Sold by
Kadir Abdul
Bought by
Kadir Abdul

Purchase Details

Closed on
Jul 19, 2006
Sold by
Kadir Abdul
Bought by
Kadir Abdul and Kadir Advina Marjory

Purchase Details

Closed on
Feb 1, 2002
Sold by
Kadir Abdul
Bought by
Kadir Abdul and Kadir Advina Marjory

Purchase Details

Closed on
Dec 28, 2001
Sold by
Peters Shanti
Bought by
Kadir Abdul and Kadir Advina Marjory

Purchase Details

Closed on
Nov 3, 2000
Sold by
Kadir Abdul
Bought by
Peters Shanti and The Shanti Peters Intervivos Trust 2000

Purchase Details

Closed on
Oct 26, 1998
Sold by
Trust Jones, Georgie G Tr Georgie G Jones
Bought by
Kadir Abdul and Kadir Advina Marjory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.91%
Mortgage Type
Stand Alone First
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
Artoonabedi Simon -- Equity Title Los Angeles
Artoonabedi Simon $970,000 Equity Title Los Angeles
Kadir Abdul -- None Available
Kadir Abdul -- None Available
Kadir Abdul -- --
Kadir Abdul -- --
Peters Shanti -- --
Kadir Abdul $305,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Artoonabedi Simon $675,000
Previous Owner Kadir Abdul $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2014 04/14/14 Sold $975,000 0.0% $250 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $975,000 -- $250 / 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 $20,767 $1,671,402 $955,087 $716,315
2024 $20,522 $1,638,630 $936,360 $702,270
2023 $20,132 $1,606,500 $918,000 $688,500
2022 $19,212 $1,575,000 $900,000 $675,000
2021 $13,735 $1,098,527 $645,528 $452,999
2020 $13,868 $1,088,264 $638,909 $449,355
2019 $13,337 $1,066,946 $626,382 $440,564
2018 $13,245 $1,046,046 $614,100 $431,946
2016 $12,608 $1,004,467 $590,254 $414,213
2015 $12,430 $989,380 $581,388 $407,992
2014 $7,055 $524,217 $283,198 $241,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14029632

California Regional Multiple Listing Service (CRMLS)

APN: 2423-016-008