NOT LISTED FOR SALE

11661 Magnolia Blvd North Hollywood, CA 91601

Valley Village Neighborhood

Estimated Value: $1,065,000 - $1,531,000

5 Beds
4 Baths
2,668 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $675,000 $253 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,669/month

Highlights

  • 4 Car Attached Garage
  • Built-In Features
  • 1-Story Property
  • North Hollywood Senior High School Rated A

About This Home

As of June 2014

11661 Magnolia Blvd is a 4 unit apartment building comprised of 1-Two Bedroom and One Bath Unit and 3-One Bedroom and One Bath Units. The property is individually metered for gas and electricity. Located on a major thoroughfare with high traffic count. The property is ideally suited for a owner-user and residential financing is available. The building is subject to rent control.

Last Agent to Sell the Property

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 02/28/2014

Keller Williams Studio City

Last Buyer's Agent

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 02/28/2014

Keller Williams Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,425

Year Built

  • Built in 1941

Lot Details

  • 6,750

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 2,668 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,750 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2348-015-039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,425

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2668
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 253.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)

Lot Info

  • Assessed Improvement Value: 208080
  • Assessed Land Value: 286110
  • Assessor Parcel Number: 2348-015-039
  • Geocode Override: No
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 4
  • Total Annual Expense: 18858
  • Type Of Units: 1-2+1; 3-1+1
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2024
Sold by
Charles And Annette Fasteau Family Trust and Fasteau Annette R
Bought by
Charles Fasteau Admin Trust and Annette R Fasteau Survivors Trust
Current Estimated Value
$1,241,924

Purchase Details

Closed on
Apr 9, 2014
Sold by
Bertain Richard V
Bought by
Charles & Annette Fasteau Family Trust

Purchase Details

Closed on
Nov 12, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Bertain Richard and Bertain Kellie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Lassiter Angelica
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 28, 2009
Sold by
11661 Magnolia Trust
Bought by
Garcia Santiago

Purchase Details

Closed on
Mar 7, 2007
Sold by
Angelica Lassiter
Bought by
11661 Magnolia Trust and Trust Holding Service Co

Purchase Details

Closed on
Jun 2, 2005
Sold by
Knaan Eli
Bought by
Lassiter Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2005
Sold by
Knaan Deborah A
Bought by
Knaan Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2005
Sold by
Smith Linda and The Dawley Trust
Bought by
Knaan Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1993
Sold by
Dawley Lois
Bought by
Dawley Lois
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
Charles Fasteau Admin Trust -- First American Title
Charles & Annette Fasteau Family Trust $675,000 Usa National Title Company
Bertain Richard $475,000 Lsi Title Company Ca
Deutsche Bank National Trust Company $618,450 None Available
Garcia Santiago -- None Available
11661 Magnolia Trust -- None Available
Lassiter Angelica $860,000 --
Knaan Eli -- First American Title Company
Knaan Eli $650,000 First American Title Company
Dawley Lois -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bertain Richard $356,250
Previous Owner Lassiter Angelica $688,000
Previous Owner Knaan Eli $455,000
Closed Knaan Eli $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $675,000 0.0% $253 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $675,000 -- $253 / Sq Ft
Source: The MLS

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 $10,425 $827,449 $551,634 $275,815
2024 $10,425 $811,225 $540,818 $270,407
2023 $10,225 $795,319 $530,214 $265,105
2022 $9,752 $779,725 $519,818 $259,907
2021 $9,620 $764,437 $509,626 $254,811
2019 $9,334 $741,765 $494,511 $247,254
2018 $9,203 $727,221 $484,815 $242,406
2016 $8,784 $698,984 $465,990 $232,994
2015 $8,659 $688,486 $458,991 $229,495
2014 $6,530 $496,432 $287,408 $209,024
Source: Public Records

Agents Affiliated with this Home

  • Mike Pesci

    Seller's Agent in 2014

    Mike Pesci

    Keller Williams Studio City

    (818) 432-1647

    65 Total Sales

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Map

Source: The MLS

MLS Number: 14-740759

The MLS

APN: 2348-015-039

California Los Angeles County North Hollywood 91601 Valley Village

11661 Magnolia Blvd, North Hollywood, CA

This home is located at 11661 Magnolia Blvd, North Hollywood, CA 91601 since 28 February 2014 and is currently estimated at $1,341,230, approximately $502 per square foot. This property was built in 1941. 11661 Magnolia Blvd is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Colfax Charter Elementary School.

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