NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,260,000

5 Beds
2 Baths
1,644 Sq Ft
$682/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $590,000 $359 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,584/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-minute walk to Tiara Street Park
  • North Hollywood Senior High School Rated A
  • 1-Story Property

About This Home

As of November 2015

Situated across from a new beautiful park, this fantastic NoHo "2 on a lot" Duplex is a great, stable, performing property with R3 zoning. Each House renovated just a few years ago including new HVAC, new kitchens with new appliances, hardwood floors, and electrical. Low operating expenses as separately metered for both Gas and Electric. Conveniently close to freeways and Metro Rail. Next door property (11501) can be purchased along with this and listed separately at $469,000.

Last Agent to Sell the Property

Jason Villard

Keller Williams Realty-Studio City License #01335913 Listed on: 09/19/2015

Keller Williams Realty-Studio City

Last Buyer's Agent

Gilles Kohler

Premier Agent Network License #00942813

Premier Agent Network

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,528

Year Built

  • Built in 1947

Lot Details

  • 7,037 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 13
  • Tax Tract Number 9658
  • Assessor Parcel Number 2338010006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $720
  • Insurance Expense $890
  • New Taxes Expense $6,739
  • Gross Income $43,000
  • Net Operating Income $34,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,528

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.70
  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 2338010006
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 358.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7037.00
  • Price Per Lot Square Foot: 83.84
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 43000.00
  • Gross Scheduled Income: 43000.00
  • Insurance Expense: 890.00
  • Lot Size Area: 7037.0000 Square Feet
  • Net Operating Income: 34580.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8420.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6739.00
  • Tax Lot: 13
  • Tax Tract Number: 9658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Tazi Mohamed Osman
Bought by
Tazi Family Trust and Tazi
Current Estimated Value
$1,121,889

Purchase Details

Closed on
Apr 19, 2024
Sold by
Tazi Mohamed Osman
Bought by
Tazi Family Trust and Tazi

Purchase Details

Listed on
Sep 19, 2015
Closed on
Nov 23, 2015
Sold by
11483 Tiara Llc
Bought by
Tazi Mohamed Osman
Seller's Agent
Jason Villard
Keller Williams Realty-Studio City
Buyer's Agent
Gilles Kohler
Premier Agent Network
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$413,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2015
Closed on
Nov 12, 2015
Sold by
Tazi Bahia
Bought by
Tazi Mohamed Osman
Seller's Agent
Jason Villard
Keller Williams Realty-Studio City
Buyer's Agent
Gilles Kohler
Premier Agent Network
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2015
Closed on
Oct 12, 2015
Sold by
Gartner Edward J
Bought by
11483 Tiara Llc
Seller's Agent
Jason Villard
Keller Williams Realty-Studio City
Buyer's Agent
Gilles Kohler
Premier Agent Network
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Maeda Miriam
Bought by
Gartner Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2010
Sold by
Us Bank National Association
Bought by
11483 Tiara Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2009
Sold by
Covarrubias Manuel and Navarrete Consuelo
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2003
Sold by
Covarrubias Manuel and Covarrubias Consuelo
Bought by
Covarrubias Manuel and Navarrete Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,300
Interest Rate
5.93%

Purchase Details

Closed on
Jan 30, 2001
Sold by
Amar Kris
Bought by
Covarrubias Manuel and Navarrete Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,283
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2000
Sold by
Trust Star Ernest R Tr E L And E H Star
Bought by
Amar Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
8.25%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Star Ernest L and Star Elisabeth H
Bought by
Star Ernest Rudolf and The Ernest L & Elisabeth H Sta

Purchase Details

Closed on
Jan 29, 1998
Sold by
Holz Elisabeth and Holz Dominik
Bought by
Star Ernest L and Star Elisabeth H
Source: Public Records

Range of Values:

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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
Tazi Family Trust -- None Listed On Document
Tazi Family Trust -- None Listed On Document
Tazi Mohamed Osman $590,000 Fidelity National Title Co
Tazi Mohamed Osman -- Fidelity National Title Co
11483 Tiara Llc -- Fidelity Title
Gartner Edward J -- Lsi Title Company
Gartner Edward J -- Lsi Title Company
11483 Tiara Llc $265,000 Lsi Title Agency
Us Bank National Association $245,000 Accommodation
Covarrubias Manuel -- Stewart Title Of Ca Inc
Covarrubias Manuel $207,500 Fidelity Title
Amar Kris $131,000 Stewart Title
Amar Kris -- Stewart Title
Star Ernest Rudolf -- --
Star Ernest L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tazi Mohamed Osman $413,000
Previous Owner Gartner Edward J $270,000
Previous Owner 11483 Tiara Llc $265,000
Previous Owner Covarrubias Manuel $271,300
Previous Owner Covarrubias Manuel $204,283
Previous Owner Amar Kris $104,800
Closed Amar Kris $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2015 11/24/15 Sold $590,000 -1.5% $359 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $599,000 -- $364 / 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 $8,528 $698,433 $473,516 $224,917
2024 $8,528 $684,739 $464,232 $220,507
2023 $8,365 $671,314 $455,130 $216,184
2022 $7,978 $658,152 $446,206 $211,946
2021 $7,878 $645,248 $437,457 $207,791
2019 $7,644 $626,372 $424,483 $201,889
2018 $7,542 $614,096 $416,160 $197,936
2016 $7,203 $590,000 $400,000 $190,000
2015 $3,411 $271,724 $172,441 $99,283
2014 $3,435 $266,403 $169,064 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15209343

California Regional Multiple Listing Service (CRMLS)

APN: 2338-010-006