NOT LISTED FOR SALE

11759 Vanowen St North Hollywood, CA 91605

North Hollywood Neighborhood
15 Beds
11 Baths
7,460 Sq Ft
8,237 Sq Ft Lot

Last Sold April 16, 2012

Last sale price $1,187,000 $159 Per Sq Ft

15 Days on Market

About This Home

As of April 2012

REO. Excellent income and cash flow. Clean building and units. Current management have stabilized rent and tracked expenses. Income and expenses are on actual. Excellent deal at 8.0% cap.

Last Agent to Sell the Property

Joseph Safran

Weichert, Realtors - All Stars License #01722784 Listed on: 01/09/2012

Last Buyer's Agent

Nicole Apostolos

Equity Union License #01464936

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,237 Sq Ft Lot

Interior Spaces

  • 7,460 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Carport
  • Uncovered Parking

Community Details

  • 11 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2321-019-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7460
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 160.19

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Carport, Uncovered
  • Total Parking: 6

Utilities

  • Electric Expense: 2234.00
  • Water Expense: 2234.00

Fee Information

  • Insurance Expense: 2742.00
  • Management Expense: 7800.00
  • Trash Expense: 840.00

Lot Info

  • Assessed Improvement Value: 379746
  • Assessed Land Value: 936360
  • Assessor Parcel Number: 2321-019-013
  • Lot Size Area: 8237

Rental Info

  • Total Actual Rent: 127788.00
  • Monthly Gross Income: 10649.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
  • Gross Rent Multiplier: 9.35
  • Gross Scheduled Income: 127788.00
  • Gross Spendable Income: 127788.00
  • Number Of Units: 11
  • Rent Control: 100%
  • Total Annual Expense: 32267
  • Type Of Units: mixed
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 14938.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2013
Sold by
Beron Vanowen Properties Llc
Bought by
City Of Los Angeles

Purchase Details

Closed on
Feb 13, 2012
Sold by
En Financial
Bought by
Beron Vanowen Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,000
Interest Rate
3.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 8, 2010
Sold by
Rocha Juan
Bought by
En Financial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2006
Sold by
Juan Rocha Trucking Inc
Bought by
Weinstein Alan and Weinstein Dorina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,418
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2006
Sold by
Rocha Juan
Bought by
Juan Rocha Truckling Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,418
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2005
Sold by
Movan Partnership
Bought by
Rocha Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2004
Sold by
Garcia Maria Luisa
Bought by
Movan Partnership

Purchase Details

Closed on
Mar 15, 1996
Sold by
Fidelity Federal Bank Fsb
Bought by
Garcia Luis and Garcia Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.75%
Mortgage Type
Commercial
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
City Of Los Angeles -- --
Beron Vanowen Properties Llc $1,187,500 Advantage Title Inc
En Financial $950,849 None Available
Weinstein Alan $1,265,000 Accommodation
Juan Rocha Truckling Inc -- None Available
Rocha Juan $1,100,000 --
Movan Partnership $800,000 --
Garcia Luis $250,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beron Vanowen Properties Llc $717,000
Previous Owner E N Financial Services & Development Inc $1,000,000
Previous Owner Weinstein Alan $209,418
Previous Owner Rocha Juan $800,000
Previous Owner Garcia Luis $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2012 04/16/12 Sold $1,187,000 -0.7% $159 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $1,195,000 -- $160 / 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 -- $681,891 $681,891 --
2024 -- $681,891 $681,891 --
2023 -- $681,891 $681,891 --
2022 $0 $681,891 $681,891 $0
2021 $0 $681,891 $681,891 $0
2019 $0 $681,891 $681,891 $0
2018 $0 $681,891 $681,891 $0
2016 -- $681,891 $681,891 $0
2015 -- $681,891 $681,891 $0
2014 -- $1,216,748 $681,891 $534,857
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joseph Safran

    Weichert, Realtors - All Stars

    Section Image
  • Nicole Apostolos

    Buyer's Agent in 2012

    Nicole Apostolos

    Equity Union

    (818) 747-7442

    1 in this area

    25 Total Sales

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Map

Source: The MLS

MLS Number: 12-574171

The MLS

APN: 2321-019-901

California Los Angeles County North Hollywood 91605 North Hollywood

11759 Vanowen St, North Hollywood, CA

This home is located at 11759 Vanowen St, North Hollywood, CA 91605 since 09 January 2012. This property was built in 1954. 11759 Vanowen St is a home located in Los Angeles County with nearby schools including Victory Boulevard Elementary School, Roy Romer Middle School, and North Hollywood Senior High School.

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