$525,000
SOLD OCT 7, 2013
5 Beds
3 Baths
1,896 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

5% Above List Price

Highlights

  • Corner Lot
  • Private Yard
  • Laundry Room
  • North Hollywood Senior High School Rated A
  • No HOA

About This Home

As of September 2021

What an opportunity to own this wonderful income producing property located in NoHo area! Corner lot, updated, clean spacious units, ample gated parking,yards, kitchen w granite, easy access to public transit, community "coin" laundry-room, with added income of minimum $100 a month. Take your money out of the bank where its doing nothing for you and put it into this income producing property!! priced to sell....as/Is,buyer todo own due diligence and satisfy themselves accordingly. Call listing agent for more details and see agent remarks for easy show instructions for upper unit. Weve received a lot of offers, seller said No more offers please

Last Agent to Sell the Property

Tamara Azami

Rodeo Realty License #01259425 Listed on: 08/07/2013

Rodeo Realty

Last Buyer's Agent

Irene Sarian

License #01158343

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,784

Year Built

  • Built in 1941

Lot Details

  • 5,400 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 102
  • Tax Tract Number 6025
  • Assessor Parcel Number 2320014014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $720
  • Trash Expense $500
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,200
  • Gross Income $4,200
  • Net Operating Income $5,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,784

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2320014014
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 276.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 720.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5400.0000 Square Feet
  • Net Operating Income: 5600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 5600.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6200.00
  • Tax Lot: 102
  • Tax Tract Number: 6025
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Gabuzyan Artak
Bought by
Tri Star Apartments Llc
Current Estimated Value
$1,119,243

Purchase Details

Listed on
Jun 1, 2021
Closed on
Sep 14, 2021
Sold by
Archwood Management Llc
Bought by
Gabuzyan Artak
Seller's Agent
Janette Monfared
Marcus & Millichap
Buyer's Agent
Arutyun Kostikyan
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$746,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2015
Sold by
Aharoni Elkana
Bought by
Archwood Management Llc

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 16, 2013
Sold by
Reyes Alison I
Bought by
Aharoni Elkana
Seller's Agent
Tamara Azami
Rodeo Realty
Buyer's Agent
Irene Sarian
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
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
7.00%
Original Mortgage
$297,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 12, 2013
Sold by
Burke Michael P
Bought by
Aharoni Elkana
Seller's Agent
Tamara Azami
Rodeo Realty
Buyer's Agent
Irene Sarian
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Burke Michael P
Bought by
Burke Michael P and Burke Karey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Soto Miguel M
Bought by
Soto Miguel Manuel

Purchase Details

Closed on
Feb 17, 2005
Sold by
Burke Karey
Bought by
Burke Michael P

Purchase Details

Closed on
Sep 11, 2000
Sold by
Zapata Consuelo
Bought by
Burke Michael P and Burke Karey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.96%
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $995,000 Stewart Title Of Ca Inc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Progressive
Grant Deed $525,505 Progressive
Interfamily Deed Transfer -- Progressive Title Company
Interfamily Deed Transfer -- Sutic-American Title Div
Interfamily Deed Transfer -- --
Grant Deed $240,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $746,250 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $297,000 New Conventional
Previous Owner $297,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $210,000 Unknown
Previous Owner $216,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $995,000 0.0% $525 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $995,000 -5.2% $525 / Sq Ft
06/30/2021 06/30/21 For Sale $1,050,000 0.0% $554 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,050,000 +100.0% $554 / Sq Ft
10/07/2013 10/07/13 Sold $525,000 +5.0% $277 / Sq Ft
08/07/2013 08/07/13 For Sale $500,000 -- $264 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
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
2024 $12,784 $1,035,198 $624,240 $410,958
2023 $12,537 $1,014,900 $612,000 $402,900
2022 $11,955 $995,000 $600,000 $395,000
2021 $7,338 $595,126 $362,399 $232,727
2019 $7,122 $577,476 $351,651 $225,825
2018 $7,036 $566,154 $344,756 $221,398
2016 $6,719 $544,171 $331,370 $212,801
2015 $6,622 $535,998 $326,393 $209,605
2014 $6,667 $525,500 $320,000 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13147620

California Regional Multiple Listing Service (CRMLS)

APN: 2320-014-014