NOT LISTED FOR SALE

13541 Vanowen St van Nuys, CA 91405

Van Nuys Area
12 Beds
10 Baths
9,400 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: November 25, 2014

Last sale price $1,600,000 $170 Per Sq Ft

11 Days on Market

About This Home

As of November 2014

Professionally managed 12 units building on Vanowen Street, 10 one bedroom one bath, 2 two bedrooms 1 bath, laundry room, carport in the back of the building. Building size 9400 SF, lot is 12316. Seller owned it since 1986, first time on the market. One of the best priced buildings in Van Nuys. The information is based on the first 6 months of 2014 income and expense summary reports, which were provided by the management of the building.Buyer to verify all information during due diligence period.

Last Agent to Sell the Property

Essi Shilati

Compass License #00708972 Listed on: 09/18/2014

Compass

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 12,317 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 12 Car Garage

Home Design

  • 9,400 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 1235
  • Assessor Parcel Number 2328013056

Community Details

Overview

  • 12 Units

Building Details

  • 12 Leased Units
  • Rent Control
  • 12 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,500
  • Insurance Expense $4,600
  • Maintenance Expense $1,368
  • Professional Management Expense $8,400
  • Trash Expense $1,728
  • Water Sewer Expense $7,100
  • New Taxes Expense $19,938
  • Gross Income $10,076
  • Net Operating Income $68,651

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.28 Acres

Parking

12

Listing Details

  • Professional Management Expense: 8400.00
  • Property Attached: No
  • Water Sewer Expenses: 7100.00
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 2328013056
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 170.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1728.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12317.00
  • Lot Size Acres: 0.2830

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 10076.00
  • Gross Scheduled Income: 120912.00
  • Insurance Expense: 4600.00
  • Lot Size Area: 12317.0000 Square Feet
  • Maintenance Expense: 1368.00
  • Net Operating Income: 68651.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 48634.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 19938.00
  • Tax Lot: 56
  • Tax Tract Number: 1235
  • Tax Year: 2013

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

Listed on
Sep 18, 2014
Closed on
Dec 17, 2014
Sold by
Bought by
Seller's Agent
Essi Shilati
Compass
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 18, 2014
Closed on
Oct 22, 2014
Sold by
Bought by
Seller's Agent
Essi Shilati
Compass
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Accommodation
$1,600,000 Lawyers Title
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
Open $1,180,000
Previous Owner $1,000,000
Previous Owner $216,000
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
11/25/2014 11/25/14 Sold $1,600,000 +0.3% $170 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $1,595,000 -- $170 / 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 $24,830 $1,922,953 $769,182 $1,153,771
2024 $24,504 $1,885,249 $754,100 $1,131,149
2023 $24,055 $1,848,284 $739,314 $1,108,970
2022 $22,992 $1,812,044 $724,818 $1,087,226
2021 $22,680 $1,776,514 $710,606 $1,065,908
2019 $22,035 $1,723,824 $689,530 $1,034,294
2018 $21,740 $1,690,024 $676,010 $1,014,014
2016 $20,697 $1,624,400 $649,760 $974,640
2015 $20,409 $1,600,000 $640,000 $960,000
2014 $10,929 $779,759 $235,546 $544,213
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14201897

California Regional Multiple Listing Service (CRMLS)
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