NOT LISTED FOR SALE

13334 Vanowen St van Nuys, CA 91405

1 Bed
1 Bath
3,044 Sq Ft
4,929 Sq Ft Lot

Last Sold December 21, 2012

Last sale price $555,000 $182 Per Sq Ft

About This Home

As of December 2012

KW Commercial is pleased to represent the 5 unit apartment building located at 13334 Vanowen Street in the heart of Van Nuys. This Van Nuys rental pocket is highly desirable for working families, is close to public schools, and easy access to public transportation. The surrounding area features established residential neighborhoods, and a variety of shopping centers and restaurants.

The property consists of (5) one bedroom one bath units that average 608 square feet each. The building is 3,044 square feet and is situated on a 4,927 square foot lot. The building is in good condition and the units have been refurbished as they become vacant.

Tenants enjoy easy access to the 101, 170, and 405 freeways and the METROLINK

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 10/24/2012

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 10/24/2012

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,929 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • 3,044 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1235
  • Assessor Parcel Number 2329020023

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,900
  • Maintenance Expense $2,500
  • Water Sewer Expense $3,000
  • New Taxes Expense $6,708
  • Gross Income $4,080
  • Net Operating Income $31,205

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 2329020023
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 182.33

Garage/Parking

  • Total Parking Spaces: 5.00

Lot Info

  • Lot Size Sq Ft: 4929.00
  • Lot Size Acres: 0.1130

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 4080.00
  • Gross Scheduled Income: 48963.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 4929.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 31205.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 17758.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6708.00
  • Taxes Percent: 1.20
  • Tax Lot: 2
  • Tax Tract Number: 1235
  • Tax Year: 2011

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $555,000 -- $182 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
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 $8,974 $683,429 $410,058 $273,371
2024 $8,974 $670,029 $402,018 $268,011
2023 $8,815 $656,892 $394,136 $262,756
2022 $8,435 $644,012 $386,408 $257,604
2021 $8,326 $631,385 $378,832 $252,553
2019 $8,096 $612,660 $367,597 $245,063
2018 $8,036 $600,648 $360,390 $240,258
2016 $7,638 $577,327 $346,397 $230,930
2015 $7,535 $568,656 $341,194 $227,462
2014 $7,588 $557,518 $334,511 $223,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12125970

California Regional Multiple Listing Service (CRMLS)