11617 Archwood St North Hollywood, CA 91606
North Hollywood Neighborhood
6
Beds
4
Baths
1,896
Sq Ft
5,400
Sq Ft Lot
Highlights
- Gated Parking
- North Hollywood Senior High School Rated A
- Built-In Features
About This Home
As of September 2021We are pleased to present the opportunity to acquire a 4-unit asset located In the desirable apartment community of North Hollywood. Over the past decade, North Hollywood has undergone a radical transformation into a dynamic environment that is attracting a wave of young, well-educated and high-wage earning residents. This 4- unit complex is located on a gated and fenced corner lot and offers strong in-place rents and 100% rent collection. There are no seismic retrofit expenses, rents can immediately be increased post-Covid, and financing on this asset will include 30-year fixed rates. The convenient location and desirable unit mix of this asset offer a Value-Add opportunity that is well suited for strong returns over the investment period.
Last Agent to Sell the Property
Marcus & Millichap License #00765098 Listed on: 06/01/2021
Last Buyer's Agent
Arutyun Kostikyan
License #01937435
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,784
Year Built
- Built in 1941
Lot Details
- 5,400 Sq Ft Lot
Parking
- Gated Parking
Interior Spaces
- 1,896 Sq Ft Home
- 2-Story Property
- Built-In Features
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 2320-014-014
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
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%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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: The MLS
Tax History Compared to Growth
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
-
Janette Monfared
Seller's Agent in 2021
Janette Monfared
Marcus & Millichap
(818) 212-2700
4 in this area
22 Total Sales
-
A
Buyer's Agent in 2021
Arutyun Kostikyan
-
Tamara Azami
Seller's Agent in 2013
Tamara Azami
Rodeo Realty
(818) 974-8638
13 Total Sales
-
I
Buyer's Agent in 2013
Irene Sarian
Map
Source: The MLS
MLS Number: 21-741900
APN: 2320-014-014
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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