NOT LISTED FOR SALE

Estimated Value: $1,163,000 - $1,279,371

2 Beds
1 Bath
2,660 Sq Ft
$451/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2022

Last sale price $1,200,000 $451 Per Sq Ft

Current estimated payment $7,868 / mo

64 Days on Market

Highlights

  • Lawn
  • Ulysses S. Grant Senior High School Rated A-
  • Laundry Facilities

About This Home

As of September 2022

We are proud to represent this 3 unit apartment building in North Hollywood.
The building was constructed in 1951. Its unit mix consists entirely of (3) 2+1 units. With a lot size of 6,001 square
feet, the property has a total of 2,660 rentable square feet.
North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly
expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local
restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes,
music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations
and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134
freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the
project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise
office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 06/21/2022

Equity Union

Last Buyer's Agent

Norair Aprahamian

PWR Properties License #01874887

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,001 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 2,660 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 16020
  • Assessor Parcel Number 2332028012
  • $530 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $3,000
  • Operating Expense $20,294
  • Gross Income $58,776
  • Net Operating Income $36,719

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,001 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 2.94
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2332028012
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 451.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 58776.00
  • Gross Multiplier: 21.27
  • Gross Scheduled Income: 58776.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 36719.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 20294.00
  • Rent Control: No
  • Total Expenses: 20294.00

Tax Info

  • Tax Census Tract: 1237.00
  • Tax Lot: 12
  • Tax Tract Number: 16020
  • TaxOtherAnnualAssessmentAmount: 530.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Bought by
Current Estimated Value
$1,198,843

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 29, 2022
Sold by
Bought by
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Norair Aprahamian
PWR Properties
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%
Original Mortgage
$775,589
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Hollywood, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,193,500 Lawyers Title
-- None Available
-- None Available
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $775,589
Previous Owner $177,000
Previous Owner $230,000
Previous Owner $151,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $1,200,000 -4.0% $451 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $1,250,000 -3.8% $470 / Sq Ft
06/21/2022 06/21/22 For Sale $1,300,000 -- $489 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,330 $1,241,196 $744,926 $496,270
2024 $15,156 $1,216,860 $730,320 $486,540
2023 $14,866 $1,193,000 $716,000 $477,000
2022 $5,310 $408,399 $168,258 $240,141
2021 $5,235 $400,392 $164,959 $235,433
2019 $5,088 $388,517 $160,067 $228,450
2018 $4,968 $380,900 $156,929 $223,971
2016 $4,732 $366,111 $150,836 $215,275
2015 $4,667 $360,613 $148,571 $212,042
2014 $4,700 $353,550 $145,661 $207,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22134824

California Regional Multiple Listing Service (CRMLS)

APN: 2332-028-012

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