NOT LISTED FOR SALE

11455 Tiara St North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,125,000 - $1,515,000

7 Beds
3 Baths
2,749 Sq Ft
$498/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $907,000 $330 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,484/month

71 Days on Market

Highlights

  • Laundry Room
  • North Hollywood Senior High School Rated A
  • 4-minute walk to Tiara Street Park

About This Home

As of October 2018

Great opportunity to own income property in prime North Hollywood area. This corner lot single story triplex consists of
1 + 1 + 2 parkings
2 + 1 + 2 parkings
3 + den (or 4th bedroom) + 2 car attached garage.
Each unit is individually metered for electricity and gas, has its own water heater. Tenants pay for trash removal and owner pays for water.
Each unit was recently upgraded with hardwood floors and tiles throughout. Newer windows, roof and bathrooms. Laundry room is owned by Landlord. Bonus room is used as storage. Property surrounded by well maintained mature trees and plants, very friendly neighborhood.
Amazing location across an elementary school, close to park, minutes to Burbank Airport, NoHo art district, Metro, shopping plazas, public transportation.
Close to all major freeways 170, 5, 405 and 101.
The owner has put a lot of love and care into this property. Fully rented with all leases are month-to-month.
If you are looking for a building that is virtually management free, here is your chance!!

Last Agent to Sell the Property

Lana Novikova

Lana Novikova/Broker License #01248208 Listed on: 06/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,370

Year Built

  • Built in 1952

Lot Details

  • 8,401 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,749 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tax Tract Number 9658
  • Assessor Parcel Number 2338011001

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $250
  • Insurance Expense $1,208
  • Water Sewer Expense $4,500
  • New Taxes Expense $3,810
  • Operating Expense $9,768
  • Gross Income $56,400
  • Net Operating Income $46,632

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,370

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2338011001
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 329.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8401.00

Multi Family

  • Fuel Expense: 250.00
  • Gross Income: 56400.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1208.00
  • Net Operating Income: 46632.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 9768.00
  • Rent Control: Yes
  • Total Actual Rent: 4700.00
  • Total Expenses: 9768.00

Tax Info

  • New Taxes Expense: 3810.00
  • Tax Census Tract: 1241.02
  • Tax Tract Number: 9658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 30, 2018
Sold by
Furnbarg Daniel Horacio
Bought by
T & D Oz Fund Llc
Seller's Agent
Lana Novikova
Lana Novikova/Broker
List Price
$1,100,000
Sold Price
$907,000
Premium/Discount to List
-$193,000
-17.55%
Current Estimated Value
$1,367,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,745
Avg. Annual Appreciation
6.13%
Original Mortgage
$634,900
Outstanding Balance
$550,672
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$817,073

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 22, 2018
Sold by
Nimis Amella Sandra
Bought by
Fumbarg Daniel Horacio
Seller's Agent
Lana Novikova
Lana Novikova/Broker
List Price
$1,100,000
Sold Price
$907,000
Premium/Discount to List
-$193,000
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,900
Outstanding Balance
$550,672
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$817,073

Purchase Details

Closed on
Sep 21, 1999
Sold by
Fumbarg Daniel Horacio
Bought by
Fumbarg Daniel Horacio and Nimis Amelia Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
7.89%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Nimis Amelia S
Bought by
Fumbarg Daniel Horacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
7.89%

Purchase Details

Closed on
Aug 4, 1999
Sold by
Jamieson Judith R and Klopfenstein Marsha E
Bought by
Fumbarg Daniel Horacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
7.89%
Source: Public Records

Range of Values:

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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
T & D Oz Fund Llc $907,000 Old Republic Title Company
Fumbarg Daniel Horacio -- Accommodation
Fumbarg Daniel Horacio -- --
Fumbarg Daniel Horacio -- Continental Lawyers Title Co
Fumbarg Daniel Horacio $217,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T & D Oz Fund Llc $634,900
Previous Owner Fumbarg Daniel Horacio $695,000
Previous Owner Fumbarg Daniel Horacio $388,936
Previous Owner Fumbarg Daniel Horacio $158,000
Previous Owner Fumbarg Daniel Horacio $154,000
Previous Owner Fumbarg Daniel Horacio $450,000
Previous Owner Fumbarg Daniel Horacio $255,000
Previous Owner Fumbarg Daniel Horacio $190,000
Previous Owner Fumbarg Daniel Horacio $195,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $907,000 -17.5% $330 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $1,100,000 -- $400 / 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 $12,370 $1,011,772 $677,118 $334,654
2024 $12,370 $991,935 $663,842 $328,093
2023 $12,134 $972,486 $650,826 $321,660
2022 $11,575 $953,418 $638,065 $315,353
2021 $11,427 $934,724 $625,554 $309,170
2020 $11,540 $925,140 $619,140 $306,000
2019 $11,088 $907,000 $607,000 $300,000
2018 $3,893 $299,705 $159,387 $140,318
2017 $3,810 $293,829 $156,262 $137,567
2016 $3,697 $288,069 $153,199 $134,870
2015 $3,646 $283,743 $150,898 $132,845
2014 $3,677 $278,186 $147,943 $130,243
Source: Public Records

Agents Affiliated with this Home

  • Lana Novikova

    Seller's Agent in 2018

    Lana Novikova

    Lana Novikova/Broker

    (818) 383-7634

    6 Total Sales

    Lana Novikova
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18136462

California Regional Multiple Listing Service (CRMLS)

APN: 2338-011-001

California Los Angeles County North Hollywood 91601 North Hollywood

11455 Tiara St, North Hollywood, CA

This home is located at 11455 Tiara St, North Hollywood, CA 91601 since 07 June 2018 and is currently estimated at $1,367,745, approximately $497 per square foot. This property was built in 1952. 11455 Tiara St is a home located in Los Angeles County with nearby schools including Maurice Sendak Elementary School, Roy Romer Middle School, and North Hollywood 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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