NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $1,338,000

6 Beds
3 Baths
3,068 Sq Ft
$423/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $1,200,000 $391 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,310/month

35 Days on Market

Highlights

  • Granite Countertops
  • Private Yard
  • Laundry Room
  • North Hollywood Senior High School Rated A
  • Park
  • Tile Flooring

About This Home

As of December 2023

Beautifully remodeled units (check out the photos) in a nice neighborhood of well maintained properties. 2 blocks from the North Hollywood Arts District with its abundance of restaurants and shops, and close to the North Hollywood L A Metro station. All units have granite counter tops remodeled kitchens, crown molding, remodeled baths & ceiling fans. Windows have been replaced with dual pane windows. One viewable unit has fresh paint and new carpet. Newly painted fascia boards, eaves, trim, railings and exterior entry doors. Lots of on site parking with 4 garage spaces and 5 additional parking spaces. There is a spacious laundry room with coin washer and dryer which are included in the sale.

Last Agent to Sell the Property

Don Karasevicz

Estate Properties License #00952148 Listed on: 09/20/2023

Last Buyer's Agent

Akash Saini

T.N.G. Real Estate Consultants License #02010158

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,949

Year Built

  • Built in 1947

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Lawn

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 63
  • Tax Tract Number 6410
  • Assessor Parcel Number 2338014012
  • $545 per year additional tax assessments

Community Details

Recreation

  • Park

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $240
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Trash Expense $2,904
  • Water Sewer Expense $6,000
  • Operating Expense $12,344
  • Gross Income $46,980
  • Net Operating Income $34,636

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,949

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Coin Washer & Dryer
  • Price Per Unit: 310000
  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2338014012
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: 1st Floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 391.13

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2904.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 240.00
  • Gross Income: 46980.00
  • Gross Scheduled Income: 46980.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 34636.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 12344.00
  • Rent Control: Yes
  • Total Actual Rent: 4830.00
  • Total Expenses: 12344.00

Tax Info

  • Tax Census Tract: 1241.02
  • Tax Lot: 63
  • Tax Tract Number: 6410
  • TaxOtherAnnualAssessmentAmount: 545.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 2, 2023
Sold by
Yerchanig Ryan 2012 Revocable Trust and Ryan Bart J
Bought by
Juana Andrade Revocable Trust and Acosta
Seller's Agent
Don Karasevicz
Estate Properties
Buyer's Agent
Akash Saini
T.N.G. Real Estate Consultants
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
315
Current Estimated Value
$1,298,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,988
Avg. Annual Appreciation
4.77%
Original Mortgage
$700,000
Outstanding Balance
$674,133
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$624,855

Purchase Details

Closed on
Aug 30, 2012
Sold by
Ryan Yerchanig
Bought by
Ryan Yerchanig and Yerchanig Ryan 2012 Revocable Trust
Source: Public Records

Range of Values:

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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
Juana Andrade Revocable Trust $1,200,000 Progressive Title
Ryan Yerchanig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juana Andrade Revocable Trust $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $1,200,000 -3.2% $391 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $1,240,000 -3.9% $404 / Sq Ft
10/09/2023 10/09/23 Price Changed $1,290,000 -4.4% $420 / Sq Ft
09/20/2023 09/20/23 For Sale $1,350,000 -- $440 / 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 $14,949 $1,224,000 $867,000 $357,000
2024 $14,949 $1,200,000 $850,000 $350,000
2023 $4,632 $347,126 $104,129 $242,997
2022 $4,430 $340,321 $102,088 $238,233
2021 $4,360 $333,649 $100,087 $233,562
2019 $4,237 $323,755 $97,119 $226,636
2018 $4,071 $317,408 $95,215 $222,193
2016 $3,861 $305,085 $91,519 $213,566
2015 $3,807 $300,504 $90,145 $210,359
2014 $3,844 $294,619 $88,380 $206,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23176318

California Regional Multiple Listing Service (CRMLS)

APN: 2338-014-012