NOT LISTED FOR SALE

13348 Victory Blvd van Nuys, CA 91401

Estimated Value: $900,000 - $1,224,000

5 Beds
4 Baths
2,531 Sq Ft
$409/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $451,075 $178 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,004/month

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Ulysses S. Grant Senior High School Rated A-

About This Home

As of May 2012

Traditional 40’s 4 plex located in central Van Nuys. The gated grounds are well maintained. All units are rented and consist of three 1-1’s and one 2-1. Each unit comes with one garage space. Property has nice curb appeal and great charm. This property features easy access to shopping centers, entertainment and freeway access. It’s a great opportunity as an investment. It won’t last at this price!

Last Agent to Sell the Property

Gina Covello

Equity Union License #01323543 Listed on: 04/18/2012

Equity Union

Last Buyer's Agent

Dennis Chernov

Equity Union License #01850113

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,120 Sq Ft Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,531 Sq Ft Home
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 14193
  • Assessor Parcel Number 2330002014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,795

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 2330002014
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: Two
  • Price Per Square Foot: 178.22

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6120.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 3795.00
  • Gross Scheduled Income: 45540.00
  • Lot Size Area: 6120.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 14193
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2012
Sold by
Alon Itzik
Bought by
13348 Victory Blvd Llc
Current Estimated Value
$1,035,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,700
Outstanding Balance
$217,845
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$817,155

Purchase Details

Listed on
Apr 18, 2012
Closed on
May 8, 2012
Sold by
U S Bank National Association
Bought by
13348 Victory Blvd Llc
Seller's Agent
Gina Covello
Equity Union
Buyer's Agent
Dennis Chernov
Equity Union
Sold Price
$451,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Oct 6, 2011
Sold by
Serrano Pacita
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 21, 2007
Sold by
Serrano Pacita
Bought by
Serrano Pacita R and The Serrano Trust

Purchase Details

Closed on
May 17, 2006
Sold by
Ozsan Halil
Bought by
Serrano Pacita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Ozsan Angelina
Bought by
Ozsan Halil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Btb Ventures Llc
Bought by
Ozsan Halil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Harman Damon
Bought by
Btb Ventures Llc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Narula Rajinder
Bought by
Harman Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2003
Sold by
Narula Rajinder
Bought by
Narula Rajinder and Narula Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 2000
Sold by
Lelles Steven
Bought by
Narula Rajinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,505
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1997
Sold by
Lim Jin S
Bought by
Lelles Steven and Lelles Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.08%
Source: Public Records

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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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
13348 Victory Blvd Llc -- First American Title Company
Alon Itzik -- First American Title Company
13348 Victory Blvd Llc $451,500 Ticor Title Co Of California
U S Bank National Association $440,000 Accommodation
Serrano Pacita R -- None Available
Serrano Pacita $750,000 Itc Gln
Ozsan Halil -- Fidelity National Title Co
Ozsan Halil $650,000 Fidelity Van Nuys
Btb Ventures Llc -- --
Harman Damon $565,000 American Coast Title
Narula Rajinder -- --
Narula Rajinder $225,000 Commonwealth Title
Lelles Steven $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alon Itzik $315,700
Previous Owner Serrano Pacita $637,500
Previous Owner Ozsan Halil $520,000
Previous Owner Harman Damon $452,000
Previous Owner Narula Rajinder $60,000
Previous Owner Narula Rajinder $223,505
Previous Owner Lelles Steven $120,000
Closed Harman Damon $56,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $451,075 -- $178 / Sq Ft
04/18/2012 04/18/12 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 $7,106 $566,594 $251,206 $315,388
2024 $7,106 $555,485 $246,281 $309,204
2023 $6,974 $544,594 $241,452 $303,142
2022 $6,658 $533,917 $236,718 $297,199
2021 $6,567 $523,449 $232,077 $291,372
2019 $6,376 $507,926 $225,195 $282,731
2018 $6,269 $497,968 $220,780 $277,188
2016 $5,976 $478,632 $212,207 $266,425
2015 $5,891 $471,444 $209,020 $262,424
2014 $5,935 $462,210 $204,926 $257,284
Source: Public Records

Agents Affiliated with this Home

  • Gina Covello

    Seller's Agent in 2012

    Gina Covello

    Equity Union

    (310) 251-8280

    27 Total Sales

    Gina Covello
    Section Image
  • Dennis Chernov

    Buyer's Agent in 2012

    Dennis Chernov

    Equity Union

    (818) 432-1524

    12 in this area

    476 Total Sales

    Dennis Chernov
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12039086

California Regional Multiple Listing Service (CRMLS)

APN: 2330-002-014

California Los Angeles County Van Nuys 91401

13348 Victory Blvd, Van Nuys, CA

Not Listed for Sale

MultiFamily

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