Seller's Agent in 2024
Eliyahu Appel
Marcus & Millichap
(818) 390-4181
1 in this area
22 Total Sales
Estimated Value: $1,039,439 - $1,596,000
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
Marcus & Millichap License #01918652 Listed on: 04/09/2024
| 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 |
| 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 |
| 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 |
| 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 |
Seller's Agent in 2024
Eliyahu Appel
Marcus & Millichap
(818) 390-4181
1 in this area
22 Total Sales
Buyer's Agent in 2024
Harry Sourenian
Forbes Real Estate
(323) 333-2721
3 in this area
11 Total Sales
N
Seller's Agent in 2016
Norair Aprahamian
PWR Properties
(323) 654-8073
6 Total Sales
Buyer's Agent in 2016
Larry Margo
Berkshire Hathaway HomeServices California Properties
(818) 755-1000
1 in this area
4 Total Sales
Seller's Agent in 2015
Cindy Hill
Equity Union
(818) 640-8360
15 in this area
77 Total Sales
Source: The MLS
MLS Number: 24-386555
APN: 2329-011-011