NOT LISTED FOR SALE

13524 Vanowen St van Nuys, CA 91405

Estimated Value: $1,039,439 - $1,596,000

6 Beds
4 Baths
2,902 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,085,000 $374 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,429/month

51 Days on Market

About This Home

As of June 2024

We are pleased to present the exclusive listing of 13524 Vanowen Street, a four-unit multifamily building located in Van Nuys. Built in 1955 comprised of (2) one-bedroom, one-bathroom units, and (2) two-bedroom, one-bathroom unit, with a total of 2,902 rentable square feet. The property has had many recent capital improvements, including window replacements in unit #4, repairs to doors, sinks, refrigerators, and laundry facilities in 2022, and a garage roof replacement in the same year. Additionally, floor replacements in unit #2 and kitchen countertops in units #1 and #3 have been completed. With a versatile unit mix, the property offers potential for attracting tenants from different demographics, potentially increasing rental income. The property includes carport parking for each unit. Van Nuys, a neighborhood located in the San Fernando Valley region of Los Angeles, California, near the intersection of Vanowen Street and Woodman Avenue, offers a mix of residential, commercial, and recreational amenities. This area boasts easy access to major transportation routes such as the 405 and 101 freeways, facilitating convenient commuting throughout the Los Angeles metropolitan area. The neighborhood is known for its diverse population and vibrant cultural scene, with various dining, shopping, and entertainment options nearby. Additionally, Van Nuys is home to several parks and green spaces, providing opportunities for outdoor recreation and relaxation. The proximity to schools, healthcare facilities, and other essential services makes it an appealing location for residents seeking convenience and accessibility. Overall, Van Nuys offers a dynamic urban environment with a range of amenities and opportunities for residents. In summary, 13524 Vanowen Street represents an excellent investment opportunity within the thriving community of Van Nuys. With recent capital improvements, a versatile unit mix, and its prime location near major transportation routes and amenities, this property promises strong rental potential and long-term value appreciation. Buyer to verify information independently and with listing broker.

Last Agent to Sell the Property

Eliyahu Appel

Marcus & Millichap License #01918652 Listed on: 04/09/2024

Last Buyer's Agent

Harry Sourenian

Forbes Real Estate License #01207069

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,600 Sq Ft Lot

Parking

  • 4 Detached Carport Spaces

Home Design

  • Split Level Home

Interior Spaces

  • 2,902 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Vacancy Allowance $1,999

Listing and Financial Details

  • Assessor Parcel Number 2329-011-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2902
  • Lot Acreage: 0.1515
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 377.33

Exterior Features

  • Other Structures: None

Garage/Parking

  • Carport Spaces: 4
  • Parking Garage: Carport Detached

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 38.97
  • Assessed Improvement Value: 380389
  • Assessed Land Percent: 61.03
  • Assessed Land Value: 595685
  • Total Assessed Value: 976074
  • Assessor Parcel Number: 2329-011-011
  • Lot Size Area: 6600

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.44
  • Number Of Units: 4
  • Type Of Units: Apartments
  • Vacancy Allow: 1999
  • Vacancy Allow Percent: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Aris Franklyan
Bought by
Aris Franklyan Revocable Trust and Franklyan
Current Estimated Value
$1,222,110

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 21, 2024
Sold by
13524 Vanowen Llc
Bought by
Franklyan Aris
Seller's Agent
Eliyahu Appel
Marcus & Millichap
Buyer's Agent
Harry Sourenian
Forbes Real Estate
List Price
$1,095,000
Sold Price
$1,085,000
Premium/Discount to List
-$10,000
-0.91%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$868,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2017
Sold by
Kline Ii Henry
Bought by
13524 Vanowen Llc

Purchase Details

Listed on
Oct 3, 2016
Closed on
Oct 24, 2016
Sold by
Naccachian Aleen
Bought by
Kline Ii Henry and Kline Laura Lee Rochester
Seller's Agent
Norair Aprahamian
PWR Properties
Buyer's Agent
Larry Margo
Berkshire Hathaway HomeServices California Properties
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$179,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 8, 2015
Sold by
Aprahamian Norair
Bought by
Naccachian Aleen
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$770,000
Sold Price
$770,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$504,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 3, 2015
Sold by
Jack Angeliki G
Bought by
Naccachian Aleen
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$770,000
Sold Price
$770,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2012
Sold by
Jack Angeliki G and Jack Timothy
Bought by
Jack Angeliki G and The Butterfly Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2012
Sold by
Jack Angeliki G and The Butterfly Trust
Bought by
Jack Angeliki G and Jack Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2008
Sold by
Jack Angeliki
Bought by
Giannakopoulos Angeliki and Butterfly Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Giannakopoulos Angeliki
Bought by
Giannakopoulos Angeliki and Butterfly Trust

Purchase Details

Closed on
Aug 5, 2003
Sold by
Green River Endustries
Bought by
Giannakopoulos Angeliki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2002
Sold by
Krionidis Michael
Bought by
Green River Endustries

Purchase Details

Closed on
Jul 11, 2001
Sold by
Protofund Mtg
Bought by
Krionidis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2001
Sold by
Johnson Van
Bought by
Protofund Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 21, 2000
Sold by
Massih Jahangir H M and Massih Mahin S P
Bought by
Johnson Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
11.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aris Franklyan Revocable Trust -- None Listed On Document
Franklyan Aris $1,085,000 805Title Inc
13524 Vanowen Llc -- None Available
Kline Ii Henry $875,000 Western Resources Title Co
Naccachian Aleen -- Western Resources Title
Naccachian Aleen $769,000 Western Resources Title
Jack Angeliki G -- Accommodation
Jack Angeliki G -- Usa National Title Co
Giannakopoulos Angeliki -- Accommodation
Jack Angeliki -- Lawyers Title
Jack Angeliki -- Lawyers Title
Giannakopoulos Angeliki -- --
Giannakopoulos Angeliki $350,000 Landamerica Lawyers Title
Green River Endustries -- Lawyers Title
Krionidis Michael $290,000 Lawyers Title Company
Protofund Mtg Corp $60,822 Lawyers Title Company
Johnson Van $260,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklyan Aris $868,000
Previous Owner Kline Ii Henry $179,000
Previous Owner Naccachian Aleen $504,000
Previous Owner Jack Angeliki G $383,500
Previous Owner Jack Angeliki $400,000
Previous Owner Giannakopoulos Angeliki $280,000
Previous Owner Krionidis Michael $275,000
Previous Owner Johnson Van $208,000
Closed Johnson Van $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $1,085,000 -0.9% $374 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $1,095,000 +25.1% $377 / Sq Ft
12/02/2016 12/02/16 Sold $875,000 -2.7% $302 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $899,000 +16.8% $310 / Sq Ft
04/16/2015 04/16/15 Sold $770,000 0.0% $265 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $770,000 -- $265 / 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 $12,540 $1,106,700 $664,020 $442,680
2024 $12,540 $995,594 $607,598 $387,996
2023 $12,303 $976,074 $595,685 $380,389
2022 $11,742 $956,936 $584,005 $372,931
2021 $11,592 $938,173 $572,554 $365,619
2020 $11,706 $928,555 $566,684 $361,871
2019 $11,253 $910,349 $555,573 $354,776
2018 $11,139 $892,500 $544,680 $347,820
2016 $9,723 $780,727 $476,152 $304,575
2015 $6,453 $506,317 $165,617 $340,700
2014 $6,498 $496,400 $162,373 $334,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-386555

The MLS

APN: 2329-011-011