NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,209,000

0.21 Acre
$5,776,385 Price per Acre
8,936 Sq Ft Lot

Last Sold November 08, 2016

Last sale price $710,000 $315 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,131/month

25 Days on Market

Highlights

  • Mountain View
  • Property is near public transit
  • No HOA
  • John H. Francis Polytechnic Rated A-
  • Corner Lot
  • Back and Front Yard

About This Lot

As of November 2016

INVESTORS HURRY !

Multi-residential Corner lot, surrounded with 2 multiple unit apartment mid-rises... Perfect for developers, investors. Here is your opportunity to build in the famous North Hollywood Apartment or Multiplex. Per City, current zoning is T-R3 , close to everything, 170, 5, and 101 freeways, the markets, Schools, Hospitals, Restaurants, Cafes and more. If you are looking for land to develop, this is the place!!. Currently it's a SFR, and has 2,451 square ft. of living space with 4 Bedroom 2&1/2 Bathrooms, newly remodeled kitchen, and flooring and newly painted. ( Could be a high ROI rental income property in current condition ) Property sold as is, no warranties ; value is on the lot location and lot zoning ) Prices in North Hollywod have been increasing at a very fast pace, what seems to be an overprice property, maybe a bargain in six months; if you have been looking into investing in North Hollywood, you know this is a true statement.

Don't miss this rare offering. This will not last..

Last Agent to Sell the Property

Burju Kayiran

Beverly & Company, Inc. License #01410006 Listed on: 08/21/2016

Beverly & Company, Inc.

Last Buyer's Agent

Maureen Peterson

Realty One Group West License #01269515

Realty One Group West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,163

Lot Details

  • 8,936 Sq Ft Lot
  • Fence is in excellent condition
  • Corner Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned LAR3, TR3

Property Views

  • Mountain
  • Neighborhood

Additional Features

  • Property is near public transit
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 2317001002

Property Details

Property Type

Land

Est. Annual Taxes

$10,163

Lot Details

0

Listing Details

  • Current Use Comments: SFR
  • Improvements: No A/C ON PROPERTY
  • Possible Use Comments: R-3 Zoned, Possible to build Apartmentsor subdivide&build 4 TH's, SFR's.Buyer to do own Investigation &Due Dilligence for zoning, permits & to build.
  • Survey: Buyer Pays
  • View: Yes
  • Zoning: LAR3
  • Zoning Description: TR3
  • Property Type: Land
  • Parcel Number: 2317001002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 79.45

Exterior Features

  • View: Mountain(s), Neighborhood
  • Fencing: Excellent Condition
  • Trees: Yes

Utilities

  • Utilities: Underground Utilities, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Lot 6500-9999, Level with Street, Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 8936.00
  • Price Per Lot Square Foot: 86.67
  • Usable Land Percent: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2016
Closed on
Sep 23, 2016
Sold by
Global Real Estate Investments Inc
Bought by
Tatcoson Llc
Seller's Agent
Burju Kayiran
Beverly & Company, Inc.
Buyer's Agent
Maureen Peterson
Realty One Group West
List Price
$774,500
Sold Price
$710,000
Premium/Discount to List
-$64,500
-8.33%
Current Estimated Value
$1,184,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,159
Avg. Annual Appreciation
6.00%

Purchase Details

Listed on
Mar 19, 2015
Closed on
Aug 9, 2015
Sold by
Kayiran Burou A and Ourfalian Natalie
Bought by
Kayiran Burcu A and Gavutyan Arutyun
Seller's Agent
Meroojohn Ordubejian
Westgate Capital
Buyer's Agent
Pamela Hatch
eXp Realty of California Inc
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.14%
Original Mortgage
$471,306
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jun 11, 2015
Sold by
Khachatryan Karine
Bought by
Kayiran Burcu A
Seller's Agent
Meroojohn Ordubejian
Westgate Capital
Buyer's Agent
Pamela Hatch
eXp Realty of California Inc
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2014
Sold by
Gesaryan Vazgen
Bought by
Khachatryan Karine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
4.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 9, 2013
Sold by
Gesaryan Vazgen
Bought by
Gesaryan Vazgen and Khachtryan Karine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Gesaryan Vazgen and Kachatryan Karine
Bought by
Gesaryan Vazgen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2001
Sold by
Gesaryan Sedrac
Bought by
Gesaryan Vazgen and Kachatrya Karine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Gesaryan Sedrak
Bought by
Gesaryan Sedrak and Gesaryan Vazgen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%

Purchase Details

Closed on
May 25, 1995
Sold by
Abramyan Oganes and Abhamyan Sima
Bought by
Gesaryan Sedrak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.9%

Purchase Details

Closed on
Nov 30, 1994
Sold by
Asatryan Nazaryan Karine and Chaglasian Khazar
Bought by
Abramyan Oganes and Abramyan Sima

Purchase Details

Closed on
Apr 6, 1994
Sold by
Nazarian Artak
Bought by
Asatryan Nazaryan Karine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
4.95%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Abramyan Oganes and Abramyan Sima
Bought by
Asatryan Nazaryan Karine and Chaglasian Khazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
4.95%
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
Tatcoson Llc $710,000 Fatco
Global Real Estate Investments Inc -- Fatco
Kayiran Burcu A -- None Available
Kayiran Burcu A $480,000 Nextitle
Khachatryan Karine -- Fidelity National Title Co
Gesaryan Vazgen -- Lawyers Title Co
Gesaryan Vazgen -- Gateway Title Company
Gesaryan Vazgen -- --
Gesaryan Sedrak -- American Title Co
Gesaryan Sedrak $132,000 Commonwealth Land Title Co
Abramyan Oganes -- --
Asatryan Nazaryan Karine -- --
Asatryan Nazaryan Karine $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kayiran Burcu A $471,306
Previous Owner Khachatryan Karine $47,000
Previous Owner Gesaryan Vazgen $290,000
Previous Owner Khachatryan Karine K $160,000
Previous Owner Gesaryan Vazgen $122,000
Previous Owner Gesaryan Sedrak $110,000
Previous Owner Gesaryan Sedrak $105,600
Previous Owner Asatryan Nazaryan Karine $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2016 11/08/16 Sold $710,000 -8.3% $315 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/21/2016 08/21/16 For Sale $774,500 +61.4% $344 / Sq Ft
07/24/2015 07/24/15 Sold $480,000 -3.8% $213 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $499,000 -- $222 / Sq Ft
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
2025 $10,163 $824,012 $580,292 $243,720
2024 $10,163 $807,856 $568,914 $238,942
2023 $9,971 $792,016 $557,759 $234,257
2022 $9,515 $776,487 $546,823 $229,664
2021 $9,394 $761,262 $536,101 $225,161
2019 $9,118 $738,684 $520,200 $218,484
2018 $8,956 $724,200 $510,000 $214,200
2016 $5,978 $480,000 $281,800 $198,200
2015 $3,763 $301,141 $147,498 $153,643
2014 $3,782 $295,243 $144,609 $150,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16184469

California Regional Multiple Listing Service (CRMLS)

APN: 2317-001-002