NOT LISTED FOR SALE

10943 Hesby St North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,214,000 - $1,600,086

5 Beds
5 Baths
1,840 Sq Ft
$756/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $1,075,000 $584 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,592/month

101 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of September 2019

Absolutely charming Spanish QUADPLEX, centrally located in the rapidly-growing area of NoHo Arts District, Toluca Lake adjacent! This incredible property is a fantastic opportunity for investors who can purchase NOW with a Cap Rate of 4.7% and a PROFORMA Cap Rate of 6%. You won’t want to pass this up!! Also, perfect for the owner-occupied buyer that can live in the 2 bedroom 2 bath unit and collect rents for the other 3 units to help pay for the mortgage! On the grounds, is a beautiful custom-built space, currently being used as a MUSIC STUDIO or turn it into your own private HOME OFFICE. The owner’s 2 bedroom 2 bath unit has an open-concept floorplan that boasts beautiful hardwood floors, a gorgeous kitchen with granite countertops and custom Italian floor tiles. Two bathrooms and 2 bedrooms each with ample closet space round out this inviting home with a warm vintage vibe! The owner’s unit comes with 2 off-street parking spaces and an enclosed storage module. Three additional studio units all light and bright with a classic Spanish feel! Each unit has their own private yard/patio with west-facing front doors. Relax in the common area backyard with an extra-large covered patio where you can have outdoor seating for a party or a place to enjoy a morning cup of coffee. This is your chance to own a piece of SHANGRA LA! Nearby is Universal Studios, the Metro Line, 134, 170, and 101 Freeways. Close to TRENDY restaurants, cafes, and theatres. Walkability Score - 89 !

Last Agent to Sell the Property

Patricia Fluhr

Berkshire Hathaway Home Serv. License #02002277 Listed on: 04/15/2019

Berkshire Hathaway Home Serv.

Last Buyer's Agent

Ed Rosenberg

Premier Realty Associates License #01722963

Premier Realty Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,191

Year Built

  • Built in 1930

Lot Details

  • 5,803 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 5 Full Bathrooms

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 7274
  • Assessor Parcel Number 2419003019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,191

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 8185909246
  • Other Phone Number: 8185909246
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 2419003019
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1840.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 584.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Off Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5803.00
  • Lot Size Acres: 0.1332

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5803.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 1255.01
  • Tax Lot: 68
  • Tax Tract Number: 7274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Aug 1, 2019
Sold by
Jovicki Christopher J and Novicki Andrea Mikolajczak
Bought by
Simons Steve
Seller's Agent
Patricia Fluhr
Berkshire Hathaway Home Serv.
Buyer's Agent
Ed Rosenberg
Premier Realty Associates
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Current Estimated Value
$1,390,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,522
Avg. Annual Appreciation
3.82%
Original Mortgage
$806,250
Outstanding Balance
$707,655
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$639,591

Purchase Details

Closed on
Dec 23, 2014
Sold by
Novicki Christopher J
Bought by
Novicki Christopher J and Novicki Andrea Mikolajczak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,450
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
Scholl Cynthia L
Bought by
Novicki Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Faeh Shannon
Bought by
Novicki Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,165
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 1999
Sold by
Yeranosian Elizabeth and Mandoyan Anait
Bought by
Faeh Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,365
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 1998
Sold by
Yeranosian Krekor
Bought by
Yeranosian Elizabeth

Purchase Details

Closed on
Nov 23, 1998
Sold by
Bain James Stewart and Bain Elizabeth Belle
Bought by
Yeranosian Elizabeth

Purchase Details

Closed on
Oct 28, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Bain James Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.11%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Mclinn Lloyd and Mclinn Sylvia
Bought by
Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.11%
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
Simons Steve $1,075,000 California Title Company
Novicki Christopher J -- None Available
Novicki Christopher J $240,000 Southland Title
Novicki Christopher J $359,000 Investors Title Company
Faeh Shannon $200,000 First American Title Co
Yeranosian Elizabeth -- Southland Title Corporation
Mandoyan Anait -- Southland Title Corporation
Yeranosian Elizabeth $138,000 Southland Title Corporation
Bain James Stewart -- Investors Title Company
Home Svgs Of America Fsb $110,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons Steve $806,250
Previous Owner Novicki Christopher J $493,450
Previous Owner Novicki Christopher J $493,500
Previous Owner Novicki Christopher J $480,000
Previous Owner Novicki Christopher J $346,165
Previous Owner Faeh Shannon $197,867
Previous Owner Faeh Shannon $198,365
Previous Owner Bain James Stewart $85,000
Closed Bain James Stewart $23,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $1,075,000 -6.5% $584 / Sq Ft
04/15/2019 04/15/19 For Sale $1,150,000 -- $625 / 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 $14,191 $1,175,666 $1,066,303 $109,363
2024 $14,191 $1,152,615 $1,045,396 $107,219
2023 $13,917 $1,130,016 $1,024,899 $105,117
2022 $13,269 $1,107,859 $1,004,803 $103,056
2021 $13,109 $1,086,137 $985,101 $101,036
2019 $7,232 $594,129 $237,794 $356,335
2018 $7,189 $582,486 $233,132 $349,354
2016 $6,866 $559,580 $224,080 $335,500
2015 $6,767 $551,176 $220,715 $330,461
2014 $6,810 $540,380 $216,392 $323,988
Source: Public Records

Agents Affiliated with this Home

  • Patricia Fluhr

    Seller's Agent in 2019

    Patricia Fluhr

    Berkshire Hathaway Home Serv.

    (818) 590-9246

    36 Total Sales

    Patricia Fluhr
    Section Image

  • E

    Buyer's Agent in 2019

    Ed Rosenberg

    Premier Realty Associates

    (805) 416-4744

    15 Total Sales

    Ed Rosenberg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF19085177

California Regional Multiple Listing Service (CRMLS)

APN: 2419-003-019

California Los Angeles County North Hollywood 91601 North Hollywood

10943 Hesby St, North Hollywood, CA

This home is located at 10943 Hesby St, North Hollywood, CA 91601 since 15 April 2019 and is currently estimated at $1,390,522, approximately $755 per square foot. This property was built in 1930. 10943 Hesby St is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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