$1,650,000

Estimated payment $9,759/month

Total Views 338
7 Beds
6 Baths
4,308 Sq Ft
$383 Price per Sq Ft

Highlights

  • 8 Car Attached Garage
  • North Hollywood Senior High School Rated A
  • Built-In Features

About This Home

INVESTMENT HIGHLIGHTS: Prime Valley Village; Two separate lots; Two separate APNs; Two separate triplexes; Each lot contains a Triplex with a parking structure in the rear; Alley in the back of the property; Ideal for addition of ADU apartments; Corner Lot located on Magnolia Blvd and Morella Avenue; New 200 Amp electrical upgrade; Trash picked up by the city as part of DWP bill for each triplex; 30-year fixed residential financing available for each triplex, orCommercial financing available for 6 units; Storage income; Upside in rents; Great Value if an investor chooses to sell each triplex separately.

Listing Agent

Janette Monfared

Marcus & Millichap License #00765098 Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,428

Year Built

  • Built in 1938

Lot Details

  • 0.27 Acre Lot

Parking

  • 8 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 4,308 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 2355-005-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,428

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4308
  • Lot Acreage: 0.2700
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 383.01

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached, Garage Is Detached
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 2355-005-021
  • Lot Size Area: 11546

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.20
  • Number Of Units: 6
  • Total Annual Expense: 36820
  • Type Of Units: apartments
  • Vacancy Rate: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,428 $765,547 $492,139 $273,408
2024 $9,428 $750,538 $482,490 $268,048
2023 $9,249 $735,823 $473,030 $262,793
2022 $8,825 $721,396 $463,755 $257,641
2021 $8,712 $707,252 $454,662 $252,590
2020 $1,637 $103,377 $58,371 $45,006
2019 $1,587 $101,351 $57,227 $44,124
2018 $1,544 $99,364 $56,105 $43,259
2016 $1,458 $95,507 $53,927 $41,580
2015 $1,441 $94,073 $53,117 $40,956
2014 $1,466 $92,231 $52,077 $40,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $1,650,000 -- $383 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Deed -- --
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- North American Title
Grant Deed $1,400,000 North American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $700,000 Seller Take Back
Previous Owner $350,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25582829

The MLS

APN: 2355-005-022