NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $1,559,000

8 Beds
4 Baths
3,068 Sq Ft
$470/Sq Ft Est. Value

Last Sold February 25, 2021

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

Est. 20% increase in value since last sale

Current estimated payment $9,398/month

14 Days on Market

Highlights

  • 4 Car Garage
  • Laundry Facilities
  • North Facing Home
  • North Hollywood Senior High School Rated A

About This Home

As of February 2021

Don't miss this great opportunity to acquire a value add 4-plex in prime North Hollywood. Lot zoned R3, possible redevelopment opportunity. Property can be sold individually or as a portfolio with two other contiguous lots. Potential to build upwards of 24 units with the other lots.

Last Agent to Sell the Property

Joseph Killinger

Commercial Brokers Int'l. Inc. License #01119814 Listed on: 01/11/2021

Last Buyer's Agent

Haik Bokhchalian

License #01325511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,586

Year Built

  • Built in 1947

Lot Details

  • 7,001 Sq Ft Lot
  • North Facing Home

Parking

  • 4 Car Garage
  • Driveway

Interior Spaces

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • City Lot

Utilities

  • Property is located within a water district
  • Sewer in Street

Community Details

  • 4 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2338-014-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,586

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 3068
  • Lot Acreage: 0.1607
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 356.91

Exterior Features

  • Direction Faces: North
  • Other Structures: Other
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Covered Parking, Detached, Driveway, Garage Is Detached, Uncovered
  • Total Parking: 8

Utilities

  • Sewer: In Street
  • Water: District

Lot Info

  • Assessed Improvement Percent: 45.10
  • Assessed Improvement Value: 239178
  • Assessed Land Percent: 54.9
  • Assessed Land Value: 291126
  • Total Assessed Value: 530304
  • Assessor Parcel Number: 2338-014-011
  • Lot Location: City
  • Lot Size Area: 7001

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 20.70
  • Number Of Units: 4
  • Total Annual Expense: 19895
  • Type Of Units: apartment
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 1605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 23, 2021
Sold by
Ambroz David Hugh and Ferguson Daniel B
Bought by
Mashadyan Anahit
Seller's Agent
Joseph Killinger
Commercial Brokers Int'l. Inc.
Buyer's Agent
Haik Bokhchalian
List Price
$1,095,000
Sold Price
$1,200,000
Premium/Discount to List
$105,000
9.59%
Current Estimated Value
$1,443,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,333
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,500,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 14, 2011
Closed on
May 7, 2012
Sold by
Corujo David
Bought by
Ferguson Daniel and Ambroz David
Seller's Agent
Carolyn Amour
West Shores Realty, Inc.
Buyer's Agent
Jason Woodruff
Keller Williams Hollywood Hills
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$367,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1996
Sold by
Corujo Jose R
Bought by
Corujo Jose R and Jose R Corujo Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mashadyan Anahit $2,150,000 California Title Company
Ferguson Daniel $490,000 Orange Coast Title Company
Corujo Jose R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mashadyan Anahit $960,000
Closed Mashadyan Anahit $1,500,000
Previous Owner Perguson Daniel $510,000
Previous Owner Ferguson Daniel $367,500
Previous Owner Corujo Jose R $97,000
Previous Owner Corujo Jose R $281,950
Previous Owner Corujo Jose R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $1,200,000 +9.6% $391 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $1,095,000 +123.5% $357 / Sq Ft
06/13/2012 06/13/12 Sold $490,000 -8.4% $160 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $535,000 -- $174 / Sq Ft
Source: The MLS

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 $18,586 $1,542,464 $974,188 $568,276
2024 $18,586 $1,512,221 $955,087 $557,134
2023 $18,225 $1,482,570 $936,360 $546,210
2022 $17,379 $1,453,500 $918,000 $535,500
2021 $7,179 $568,588 $312,143 $256,445
2020 $7,246 $562,759 $308,943 $253,816
2019 $6,971 $551,726 $302,886 $248,840
2018 $6,828 $540,909 $296,948 $243,961
2017 $0 $530,304 $291,126 $239,178
2016 $6,505 $519,907 $285,418 $234,489
2015 $6,413 $512,098 $281,131 $230,967
2014 $6,458 $502,068 $275,625 $226,443
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-679060

The MLS

APN: 2338-014-011