NOT LISTED FOR SALE

12216 Moorpark St Studio City, CA 91604

Estimated Value: $920,000 - $1,275,000

3 Beds
3 Baths
9,692 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $3,075,000 $317 Per Sq Ft

Current estimated payment $6,331/month

37 Days on Market

Highlights

  • Tandem Parking
  • Air Conditioning
  • 11 Car Garage
  • North Hollywood Senior High School Rated A
  • Central Heating

About This Home

As of May 2015

Prime Studio City location. This 5-unit property is a newer building constructed in 2006. These spacious townhomes were built as condominiums with individual APN numbers. The units all have 3 bedrooms and 2.5 bathrooms. Each comes with terrace balconies, views, hardwood floors, vaulted ceilings, ample storage, and private laundry. Each unit comes with 2 tandem parking spaces. Currently, all units are occupied. This is a trophy property and will not last!

Last Agent to Sell the Property

Vahe Shaghzo

Coldwell Banker Realty License #01367507 Listed on: 02/02/2015

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,214

Year Built

  • Built in 2006

Lot Details

  • 6,078 Sq Ft Lot

Home Design

  • 9,692 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 11 Car Garage
  • Tandem Parking
  • Assigned Parking

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2367-003-054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,214

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Complex Name: 12216 Moorpark Complex
  • Living Area: 9692
  • Year Built: 2006
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 319.85

Exterior Features

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

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Assigned, Private Garage, Tandem
  • Total Parking: 11

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 218788
  • Assessed Land Value: 301362
  • Assessor Parcel Number: 2367-003-054
  • Geocode Override: No
  • Lot Size Area: 6078

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.77
  • Number Of Units: 5
  • Rent Control: 0
  • Total Annual Expense: 68990.86
  • Type Of Units: Condominiums
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 18, 2015
Sold by
Jae Investment Properties Llc
Bought by
Elm Lb Property Llc
Seller's Agent
Vahe Shaghzo
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,100,000
Sold Price
$3,075,000
Premium/Discount to List
-$25,000
-0.81%
Current Estimated Value
$1,048,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,026,825
Avg. Annual Appreciation
-9.80%
Original Mortgage
$1,637,800
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2012
Sold by
Str Project Llc
Bought by
Jae Investment 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
$1,238,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2012
Sold by
Str Project Llc
Bought by
Str Project Llc and Yareen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,238,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2008
Sold by
Salomon Erez and Reani Yigal
Bought by
Str Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,602,700
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2007
Sold by
Str Project Llc
Bought by
Salomon Erez
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
Elm Lb Property Llc $3,075,000 Equity Title
Jae Investment Properties Llc $2,475,000 Chicago Title Company
Str Project Llc -- Chicago Title Company
Str Project Llc -- Chicago Title Company
Salomon Erez -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elm Lb Property Llc $1,637,800
Previous Owner Jae Investment Properties Llc $1,238,000
Previous Owner Str Project Llc $1,602,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $3,075,000 -0.8% $317 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $3,100,000 -- $320 / 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 $9,214 $759,558 $295,649 $463,909
2024 $9,214 $744,665 $289,852 $454,813
2023 $9,034 $730,065 $284,169 $445,896
2022 $8,608 $715,751 $278,598 $437,153
2021 $8,496 $701,718 $273,136 $428,582
2019 $8,239 $680,907 $265,036 $415,871
2018 $8,195 $667,557 $259,840 $407,717
2016 $7,825 $641,637 $249,751 $391,886
2015 $6,502 $530,542 $307,383 $223,159
2014 -- $520,150 $301,362 $218,788
Source: Public Records

Agents Affiliated with this Home

  • Vahe Shaghzo

    Seller's Agent in 2015

    Vahe Shaghzo

    Coldwell Banker Realty

    (310) 777-6388

    32 Total Sales

    Vahe Shaghzo
    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 15-826107

The MLS

APN: 2367-003-054

California Los Angeles County Studio City 91604

12216 Moorpark St, Studio City, CA

This home is located at 12216 Moorpark St, Studio City, CA 91604 since 02 February 2015 and is currently estimated at $1,048,175, approximately $108 per square foot. This property was built in 2006. 12216 Moorpark St is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Carpenter Community Charter School.

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