NOT LISTED FOR SALE

Estimated Value: $934,098

5 Beds
3 Baths
2,193 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2019

Last sale price $625,000 $285 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,656 / mo

125 Days on Market

Highlights

  • Gated Parking
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • No HOA
  • Wrought Iron Fence
  • 5-minute walk to Sun Valley Recreation Park

About This Home

As of April 2019

Standard Sale...Reduced for Faster sale. All units are occupied. County Land Use: Store and Residential. Front unit is of commercial use (Beauty salon at present time); 2 other units behind of 3 bedrooms, 1 bathroom and other 2 bedrooms, 1 bathroom. Property has front and back gate, long driveway to plenty of parking in the back and access from alley. Property located in a business area of Sun Valley, next to North Hollywood, close to Burbank, freeways 5 and 170, schools, public library, shopping centers, restaurants.

Last Agent to Sell the Property

Juan Rodriguez

General Realty Group,Inc. License #00988225 Listed on: 11/05/2018

Last Buyer's Agent

George Antaplyan

JohnHart Corp. License #01268925

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,240 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wrought Iron Fence
  • Fence is in fair condition
  • Rectangular Lot
  • Level Lot
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,193 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Private Parking
  • Shared Driveway
  • Gated Parking
  • Paved Parking
  • RV Potential

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 12628
  • Assessor Parcel Number 2409005003

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $650
  • Other Expense $50
  • Water Sewer Expense $150
  • New Taxes Expense $9,375
  • Operating Expense $150
  • Net Operating Income $49,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

6,240 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 150.00
  • Zoning: LAC2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2409005003
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 285.00

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Gated, Private, RV Potential, Shared Driveway, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 6500-9999, Rectangular Lot
  • Lot Size: 6240
  • Lot Size Sq Ft: 6240.00
  • Lot Size Acres: 0.1433

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 650.00
  • Lot Size Area: 6240.0000 Square Feet
  • Net Operating Income: 49600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5000.00
  • Other Expense: 50.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Actual Rent: 4550.00
  • Total Expenses: 150.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Census Tract: 1221.21
  • Tax Lot: 4
  • Tax Tract Number: 12628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Akopyan Gayane
Bought by
Alex Akopian Trust and Akopian
Current Estimated Value
$934,098

Purchase Details

Listed on
Nov 5, 2018
Closed on
Mar 13, 2019
Sold by
Aparicio Carlos
Bought by
Akopyan Gayane
Seller's Agent
Juan Rodriguez
General Realty Group,Inc.
Buyer's Agent
George Antaplyan
JohnHart Corp.
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$200,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
Rodriguez Manuel and Rodriguez Irma
Bought by
Aparicio Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2007
Sold by
Aparicio Teresa Dejesus
Bought by
Aparicio Carlos

Purchase Details

Closed on
Oct 17, 1996
Sold by
Magdaleno Alfonso
Bought by
Rodriguez Manuel and Rodriguez Irma

Purchase Details

Closed on
Mar 11, 1994
Sold by
Morell Patrick
Bought by
Magdaleno Alfonso and Rodriguez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,111
Interest Rate
7.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1993
Sold by
Lomas Mtg Usa Inc
Bought by
Va
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alex Akopian Trust -- None Listed On Document
Akopyan Gayane $625,000 Lawyers Title Company
Aparicio Carlos $570,000 Fidelity Van Nuys
Aparicio Carlos -- Fidelity Van Nuys
Rodriguez Manuel -- --
Magdaleno Alfonso $117,409 Gateway Title
Va -- First Southwestern Title Com
Lomas Mtg Usa Inc $101,066 First Southwestern Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akopyan Gayane $200,000
Previous Owner Aparicio Carlos $427,500
Previous Owner Magdaleno Alfonso $126,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $625,000 -16.7% $285 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
11/05/2018 11/05/18 For Sale $750,000 -- $342 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,855 $697,193 $418,317 $278,876
2024 $8,855 $683,523 $410,115 $273,408
2023 $8,685 $670,122 $402,074 $268,048
2022 $8,284 $656,984 $394,191 $262,793
2021 $8,173 $644,103 $386,462 $257,641
2019 $8,472 $671,164 $365,019 $306,145
2018 $8,306 $658,005 $357,862 $300,143
2016 $7,929 $632,456 $343,967 $288,489
2015 $7,816 $622,957 $338,801 $284,156
2014 $7,840 $610,755 $332,165 $278,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18266526

California Regional Multiple Listing Service (CRMLS)

APN: 2409-005-003

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