$685,000
SOLD SEP 13, 2024

10931 Forbes Ave Granada Hills, CA 91344

3 Beds
2 Baths
1,234 Sq Ft
7,507 Sq Ft Lot

Recently Sold

$555 Per Sq Ft

9% Below List Price

12 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Valley Academy of Arts & Sciences Rated A-
  • Living Room
  • Central Heating and Cooling System

About This Home

As of February 2025

This is a great opportunity to build your dream home the way you want it designed at this steal price tag. This is a probate that doesn't need a court confirmation. Property is 3 bedroom and 2 bathroom (One full and One 3/4 bath) in need of a full rehab. Including a new kitchen, bathrooms, removal of carpet and new flooring, paint, landscaping...

With that said, this is a goldmine as it has a huge front and back yard including a DETACHED 2 car garage that is already setup in a way to be an ADU and enough room to park your RV in the driveway. This wont last long, so make your offer today and make this home your next beautiful home or your next FLIP!

Last Agent to Sell the Property

Mazdak Sarehkhani

Mazdak Sarehkhani Brokerage Phone: 818-601-8215 License #01811455 Listed on: 08/10/2024

Last Buyer's Agent

Mazdak Sarehkhani

Mazdak Sarehkhani Brokerage Phone: 818-601-8215 License #01811455 Listed on: 08/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,485

Year Built

  • Built in 1953

Lot Details

  • 7,507 Sq Ft Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned LARS

Parking

  • 2 Car Garage

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 443
  • Tax Tract Number 17710
  • Assessor Parcel Number 2683005004
  • $265 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,485

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2683005004
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 555.11
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 7507.00
  • Lot Size Acres: 0.1723

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7507.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1111.00
  • Tax Lot: 443
  • Tax Tract Number: 17710
  • TaxOtherAnnualAssessmentAmount: 265.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 20, 2025
Sold by
Kerv Investments
Bought by
Defterderian Smbat Samuel and Kupalyan Marine Mary
Seller's Agent
Kirk Garibian
Berkshire Hathaway Home Servic
Buyer's Agent
Arman Tatevossian
Arman Tatevossian
List Price
$996,995
Sold Price
$1,060,000
Premium/Discount to List
$63,005
6.32%
Views
51
Current Estimated Value
$1,024,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,760
Avg. Annual Appreciation
-10.28%
Original Mortgage
$848,000
Outstanding Balance
$847,310
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$167,691

Purchase Details

Listed on
Aug 10, 2024
Closed on
Sep 6, 2024
Sold by
Shah Parveen U and Shaw Parveen Usman
Bought by
Kerv Investments Inc
Seller's Agent
Mazdak Sarehkhani
Mazdak Sarehkhani
Buyer's Agent
Mazdak Sarehkhani
Mazdak Sarehkhani
List Price
$749,900
Sold Price
$685,000
Premium/Discount to List
-$64,900
-8.65%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.86%
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 $1,060,000 Chicago Title Company
Grant Deed $685,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $848,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $1,060,000 +6.3% $859 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $996,995 +45.5% $808 / Sq Ft
09/13/2024 09/13/24 Sold $685,000 0.0% $555 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/17/2024 08/17/24 Off Market $685,000 -- --
08/10/2024 08/10/24 For Sale $749,900 -- $608 / 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
2024 $2,485 $192,042 $97,941 $94,101
2023 $2,440 $188,277 $96,021 $92,256
2022 $2,330 $184,587 $94,139 $90,448
2021 $2,295 $180,969 $92,294 $88,675
2019 $2,227 $175,603 $89,557 $86,046
2018 $2,143 $172,160 $87,801 $84,359
2016 $2,035 $165,477 $84,393 $81,084
2015 $2,005 $162,993 $83,126 $79,867
2014 $2,020 $159,801 $81,498 $78,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24165343

California Regional Multiple Listing Service (CRMLS)

APN: 2683-005-004