NOT LISTED FOR SALE

10941 Bloomfield St North Hollywood, CA 91602

Estimated Value: $1,512,000 - $2,026,000

4 Beds
4 Baths
2,280 Sq Ft
$757/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2021

Last sale price $1,500,000 $658 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,800 / mo

226 Days on Market

Highlights

  • Garage
  • Rio Vista Elementary Rated A-
  • 1-Story Property

About This Home

As of February 2021

The single-story structure has undergone several recent upgrades, with the property featuring new windows and new exterior paint. Half of the unit interiors have been remodeled with new wood flooring, granite countertops, decorative tile backsplashes, stainless steel appliances, and updated bathrooms. The investment could offer future development potential, as the 8,774 square foot lot is zoned LAR3 (Buyer to verify). Constructed in 1951, the property includes four apartment units, with private garages for each unit. Located near the intersection of Moorpark Street and Vineland Avenue, the property is halfway between the high-end shops and restaurants of Ventura Boulevard and the eclectic boutiques and cafes of the NoHo Arts District, offering tenants a short walk to either site. Universal CityWalk and Universal Studios are just one mile from the property, while the 101, 134, and 170 Freeways are easily accessible as well.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/29/2020

Last Buyer's Agent

Spartak Hovakimyan

License #01799080

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,775 Sq Ft Lot

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2423-014-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

8,775 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2280
  • Lot Acreage: 0.2014
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 712.72

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Assigned, Garage Is Detached

Lot Info

  • Assessed Improvement Percent: 23.34
  • Assessed Improvement Value: 36002
  • Assessed Land Percent: 76.66
  • Assessed Land Value: 118229
  • Total Assessed Value: 154231
  • Assessor Parcel Number: 2423-014-013
  • Lot Size Area: 8775

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 39.25
  • Number Of Units: 4
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Filian Levan
Bought by
10941Bloomfield Development Llc
Current Estimated Value
$1,726,066

Purchase Details

Listed on
Jun 29, 2020
Closed on
Dec 22, 2020
Sold by
Charles Apts Llc
Bought by
Filian Levon
Seller's Agent
Rick Raymundo
Marcus & Millichap
Buyer's Agent
Spartak Hovakimyan
List Price
$1,625,000
Sold Price
$1,500,000
Premium/Discount to List
-$125,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$1,050,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Elad Investment Llc
Bought by
Charles Apts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2017
Sold by
Trombley Nancy
Bought by
Elad Investment Llc

Purchase Details

Closed on
Jun 25, 2011
Sold by
Trombley Nancy
Bought by
Trombley Nancy and Swendsen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2000
Sold by
Swendsen Clyde
Bought by
Swendsen Clyde and Trombley Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
10941Bloomfield Development Llc $1,600,000 Ticor Title
Filian Levon $1,500,000 North American Title
Charles Apts Llc $1,510,000 Lawyers Title Insurance Co
Elad Investment Llc $1,135,500 None Available
Trombley Nancy -- None Available
Trombley Nancy -- None Available
Swendsen Clyde -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filian Levon $1,050,000
Previous Owner Charles Apts Llc $600,000
Previous Owner Trombley Nancy $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2021 02/10/21 Sold $1,500,000 -7.7% $658 / Sq Ft
06/29/2020 06/29/20 For Sale $1,625,000 +7.6% $713 / Sq Ft
04/23/2019 04/23/19 Sold $1,510,000 -5.6% $662 / Sq Ft View Prior Sale
02/15/2019 02/15/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $1,599,000 -- $701 / Sq Ft
Source: The MLS

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 $19,785 $1,632,000 $1,326,000 $306,000
2024 $19,785 $1,600,000 $1,300,000 $300,000
2023 $19,307 $1,560,600 $1,248,480 $312,120
2022 $18,415 $1,530,000 $1,224,000 $306,000
2021 $18,854 $1,556,156 $937,816 $618,340
2020 $19,046 $1,540,200 $928,200 $612,000
2019 $14,163 $1,158,210 $918,000 $240,210
2018 $13,976 $1,135,500 $900,000 $235,500
2017 $0 $154,231 $118,229 $36,002
2016 $2,159 $151,208 $115,911 $35,297
2015 $2,132 $148,937 $114,170 $34,767
2014 $2,168 $146,020 $111,934 $34,086
Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2021

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    3 in this area

    69 Total Sales

    Rick Raymundo
    Section Image

  • S

    Buyer's Agent in 2021

    Spartak Hovakimyan

  • Alex Khalilifard

    Seller's Agent in 2019

    Alex Khalilifard

    RE/MAX

    (310) 422-8828

    38 Total Sales

    Alex Khalilifard
    Section Image
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Map

Source: The MLS

MLS Number: 20-597454

The MLS

APN: 2423-014-013

California Los Angeles County North Hollywood 91602

10941 Bloomfield St, North Hollywood, CA

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