NOT LISTED FOR SALE

11573 Friar St North Hollywood, CA 91606

North Hollywood Neighborhood

Estimated Value: $1,094,000 - $1,639,000

8 Beds
4 Baths
3,146 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $1,000,000 $318 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,022/month

2 Days on Market

About This Home

As of January 2020

Sold Before Processing

Last Agent to Sell the Property

Steve Julian

Luxury Collective License #01909119 Listed on: 11/21/2019

Last Buyer's Agent

Iren Bznuni

Bznuni Realty Group License #01819426

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,216

Year Built

  • Built in 1944

Lot Details

  • 7,472 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,146 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 9
  • Tax Tract Number 11818
  • Assessor Parcel Number 2335026024

Community Details

Overview

  • 4 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $2,700
  • New Taxes Expense $12,500
  • Operating Expense $16,400
  • Gross Income $60,240
  • Net Operating Income $43,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,216

Year Built

Built in 1944

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2700.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2335026024
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 317.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7472.00
  • Lot Size Acres: 0.1715

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 60240.00
  • Gross Scheduled Income: 60240.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7472.0000 Square Feet
  • Net Operating Income: 43240.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 17000.00
  • Rent Control: Yes
  • Total Expenses: 16400.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Census Tract: 1241.04
  • Tax Lot: 9
  • Tax Tract Number: 11818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Dec 30, 2019
Sold by
Ramirez Miguel A and Ramirez Maria Alicia
Bought by
Kirakosyan Anna and Zargaryan Artak
Seller's Agent
Steve Julian
Luxury Collective
Buyer's Agent
Iren Bznuni
Bznuni Realty Group
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,306,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,353
Avg. Annual Appreciation
4.68%
Original Mortgage
$750,000
Outstanding Balance
$661,233
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$645,120

Purchase Details

Closed on
Jun 26, 2008
Sold by
Tiangco Beethoven
Bought by
Ramirez Miguel A and Ramirez Maria Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2007
Sold by
Tiangco Beethoven R
Bought by
Tiangco Beethoven and Tiangco Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Tiangco Cheryl L
Bought by
Tiango Beethoven R and Tiangco Aida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2000
Sold by
Melendez Felix
Bought by
Tiangco Beethoven R and Tiangco Aida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.72%

Purchase Details

Closed on
Aug 11, 1999
Sold by
Chavez Pedro
Bought by
Melendez Felix

Purchase Details

Closed on
Jan 10, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chavez Pedro and Nunez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.75%

Purchase Details

Closed on
Dec 7, 1995
Sold by
American City Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.75%

Purchase Details

Closed on
Aug 30, 1994
Sold by
Trivedi Sheila
Bought by
American City Mtg Corp

Purchase Details

Closed on
Nov 15, 1993
Sold by
Trivedi Sheila
Bought by
Salvatrice Trust

Purchase Details

Closed on
Aug 18, 1993
Sold by
Trivedi Sheila
Bought by
Trivedi Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back
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
Kirakosyan Anna $1,000,000 Ticor Title Company Of Ca
Ramirez Miguel A $650,000 Multiple
Tiangco Beethoven -- Financial Title Company
Tiango Beethoven R -- Fidelity Van Nuys
Tiangco Beethoven R $250,000 Fidelity National Title
Melendez Felix -- Gateway Title
Chavez Pedro $155,500 First American Title Co
Federal Home Loan Mortgage Corporation -- First American Title Co
American City Mtg Corp $258,286 World Title
Salvatrice Trust -- --
Trivedi Sheila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirakosyan Anna $750,000
Previous Owner Ramirez Miguel A $552,500
Previous Owner Tiangco Beethoven $383,000
Previous Owner Tiango Beethoven R $313,000
Previous Owner Tiangco Beethoven R $225,000
Previous Owner Chavez Pedro $124,000
Previous Owner Trivedi Sheila $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold $1,000,000 0.0% $318 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $1,000,000 -- $318 / 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 $14,216 $1,142,157 $843,089 $299,068
2024 $14,028 $1,119,762 $826,558 $293,204
2023 $13,758 $1,097,806 $810,351 $287,455
2022 $13,121 $1,076,281 $794,462 $281,819
2021 $12,434 $1,010,360 $757,770 $252,590
2020 $8,729 $765,363 $535,757 $229,606
2019 $9,352 $750,356 $525,252 $225,104
2018 $9,248 $735,644 $514,953 $220,691
2016 $8,822 $707,079 $494,957 $212,122
2015 $8,696 $696,459 $487,523 $208,936
2014 $8,745 $682,818 $477,974 $204,844
Source: Public Records

Agents Affiliated with this Home

  • Steve Julian

    Seller's Agent in 2020

    Steve Julian

    Luxury Collective

    (323) 736-4841

    2 in this area

    140 Total Sales

    Steve Julian
    Section Image
  • Iren Bznuni

    Buyer's Agent in 2020

    Iren Bznuni

    Bznuni Realty Group

    (818) 636-9933

    1 in this area

    52 Total Sales

    Iren Bznuni
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20002264

California Regional Multiple Listing Service (CRMLS)

APN: 2335-026-024

California Los Angeles County North Hollywood 91606 North Hollywood

11573 Friar St, North Hollywood, CA

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