NOT LISTED FOR SALE

Estimated Value: $917,047 - $1,252,000

3 Beds
3 Baths
1,884 Sq Ft
$574/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $600,000 $318 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,489/month

About This Home

As of April 2016

Great opportunity 3 units in a great North Hollywood neighborhood. All units have a comfortable 1 bedroom, one bathroom, each one has it's own garage. The unit on the back has a laundry area and beautiful patio. All units has a separately metered for gas and electricity.

Last Agent to Sell the Property

William Ordonez

Park Regency Realty License #01263223 Listed on: 03/03/2016

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,785

Year Built

  • Built in 1936

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,884 Sq Ft Home
  • Split Level Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 67
  • Tax Tract Number 5881
  • Assessor Parcel Number 2337012016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,000
  • New Taxes Expense $6,000
  • Gross Income $2,600
  • Net Operating Income $23,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,785

Year Built

Built in 1936

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 818 693 3119
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2337012016
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level No Steps
  • Common Walls: 2+ Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 318.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7000.00
  • Price Per Lot Square Foot: 85.71
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 23200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Patio: 1
  • Operating Expense: 6000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 67
  • Tax Tract Number: 5881

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Hassanzada Nafisa
Bought by
Manukyan Vahe
Current Estimated Value
$1,080,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$383,293
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$666,558

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 1, 2016
Sold by
Ishimoto Mary Tomiko and Ishimoto Brooke
Bought by
Hassanzda Nafisa
Seller's Agent
William Ordonez
Park Regency Realty
List Price
$574,950
Sold Price
$600,000
Premium/Discount to List
$25,050
4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$450,000
Interest Rate
3.71%
Mortgage Type
New Conventional
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
Manukyan Vahe $640,000 Old Republic Title Company
Hassanzda Nafisa $600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manukyan Vahe $425,000
Previous Owner Hassanzda Nafisa $450,000
Previous Owner Ishimoto Mary $172,500
Previous Owner Ishimoto Mary $175,000
Previous Owner Ishimoto Mary T $152,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $600,000 +4.4% $318 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $574,950 -- $305 / 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 $8,785 $713,927 $490,826 $223,101
2024 $8,785 $699,929 $481,202 $218,727
2023 $8,619 $686,206 $471,767 $214,439
2022 $8,223 $672,752 $462,517 $210,235
2021 $8,119 $659,562 $453,449 $206,113
2020 $8,199 $652,800 $448,800 $204,000
2019 $7,841 $636,724 $424,483 $212,241
2018 $7,725 $624,240 $416,160 $208,080
2016 $2,476 $188,712 $60,038 $128,674
2015 $2,442 $185,879 $59,137 $126,742
2014 $2,471 $182,239 $57,979 $124,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16045921

California Regional Multiple Listing Service (CRMLS)

APN: 2337-012-016