NOT LISTED FOR SALE

Estimated Value: $1,091,000 - $1,910,000

4 Beds
3 Baths
1,981 Sq Ft
$743/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $787,500 $398 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,995/month

112 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • North Hollywood Senior High School Rated A
  • Laundry Room
  • Carpet

About This Home

As of January 2014

Excellent property for the builder, investor, or individual to buy now while values are down. This is zoned R3 property. Seller says you may be able to build 10 units per Building and Safety. Make offer, let's deal!!

Last Agent to Sell the Property

david castillo

Keller Williams Realty Calabasas License #00657347 Listed on: 08/09/2013

Keller Williams Realty Calabasas

Last Buyer's Agent

Howard Ekerling

Howard L. Ekerling License #00616547

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,741

Year Built

  • Built in 1948

Lot Details

  • 6,501 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Bungalow
  • Property Attached
  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,981 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 153
  • Tax Tract Number 4295
  • Assessor Parcel Number 2354011032

Community Details

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $300
  • Gardener Expense $740
  • Insurance Expense $1,500
  • Trash Expense $140
  • Water Sewer Expense $140
  • New Taxes Expense $1,006
  • Gross Income $4,100
  • Net Operating Income $35,000

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,741

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.50
  • Property Attached: Yes
  • Water Sewer Expenses: 140.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 740.00
  • Parcel Number: 2354011032
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 397.53
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Unknown
  • Trash Expense: 140.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 4100.00
  • Gross Multiplier: 23.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6501.0000 Square Feet
  • Net Operating Income: 35000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 3899.00
  • Rent Control: Yes
  • Vacancy Allowance: 10

Tax Info

  • New Taxes Expense: 1006.00
  • Tax Lot: 153
  • Tax Tract Number: 4295
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Ekerling Joanne
Bought by
Joanne Ekerling Trust and Ekerling
Current Estimated Value
$1,471,336

Purchase Details

Listed on
Aug 9, 2013
Closed on
Jan 10, 2014
Sold by
Reynolds Scott L
Bought by
Ekerling Howard and Ekerling Joanne
Seller's Agent
david castillo
Keller Williams Realty Calabasas
Buyer's Agent
Howard Ekerling
Howard L. Ekerling
List Price
$839,000
Sold Price
$787,500
Premium/Discount to List
-$51,500
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$590,625
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 2002
Sold by
Reynolds Scott L and Janet Peterson Smith Revocable
Bought by
Reynolds Scott L

Purchase Details

Closed on
May 4, 1997
Sold by
Reynolds Janet P
Bought by
Smith Janet P and The Janet Petersen Smith Revocable Livin
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
Joanne Ekerling Trust -- None Listed On Document
Ekerling Howard $787,500 Lawyers Title
Reynolds Scott L -- First Southwestern Title Co
Smith Janet P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ekerling Howard $536,000
Previous Owner Ekerling Howard $586,000
Previous Owner Ekerling Howard $590,000
Previous Owner Ekerling Howard $590,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $787,500 -6.1% $398 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $839,000 -- $424 / 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 $11,741 $965,353 $964,134 $1,219
2024 $11,741 $946,426 $945,230 $1,196
2023 $11,516 $927,870 $926,697 $1,173
2022 $10,983 $909,677 $908,527 $1,150
2021 $10,847 $891,841 $890,713 $1,128
2019 $10,524 $865,391 $864,295 $1,096
2018 $10,405 $848,424 $847,349 $1,075
2016 $9,943 $815,481 $814,447 $1,034
2015 $9,799 $803,233 $802,214 $1,019
2014 $1,036 $64,757 $36,580 $28,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13159840

California Regional Multiple Listing Service (CRMLS)

APN: 2354-011-032