NOT LISTED FOR SALE

13694 Erwin St van Nuys, CA 91401

Estimated Value: $1,376,000 - $1,635,000

0.21 Acre
$7,118,344 Price per Acre
8,970 Sq Ft Lot

Last Sold August 03, 2023

Last sale price $1,320,000 $783 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,003/month

98 Days on Market

About This Lot

As of August 2023

We are proud to exclusively present for sale a rare corner Vacant Lot in Valley Glen, the middle of everything in the San Fernando Valley! Build 7+/- Units by Right or 14+/- Units by TOCor go 100% Affordable Housing and build even more! This property is ready for entitlements! Boasting 95 feet of frontage on Woodman Ave. and 95 feet of frontage on Erwin St., this very visible lot is situated on the southeast corner of the intersection. With 8,791 SF of [Q] R3-1 Tier 3 Zoning, this Vacant Lot can become can become the go-to place to rent in the area, with the street views being unobstructed and the properties in the area being low-rises or single family homes. The Q Condition limits the non-incentive height to 35 feet and the density to 1 unit per 1,200 SF, but bring your TOC or Affordable Housing ideas and make this lot shine! At about $166 Price Per SF of Land and no relocation needs, no Ellis needs and no RSO obligations, this property is priced to sell! This Central Valley location is a short distance to the Orange Line Station (about 0.2 Miles away!), so little or no parking should not be a detriment! The Orange Line serves the Valley from North Hollywood to Chatsworth, from Woodland Hills to the Metro Red Line. LA Valley College is around a mile from the property and serves approximately 20,000 students a year, many of which are from out of town and looking for the best rentals in the area. And with an average household income over $84,000 within a one mile radius, the future rental pool for a new construction Project on this lot is very promising. Sandwiched between Victory Blvd. and Oxnard St., both are destinations for shopping and dining, and some nightlife around the corner! Easy access to the 405, 101, and 170 freeways will make it an easy commute for those who prefer a car over public transportation!

Last Agent to Sell the Property

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 03/21/2023

Keller Williams Beverly Hills

Co-Listed By

Almog Strikowski

Keller Williams Beverly Hills License #01986816

Last Buyer's Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 03/21/2023

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Lot Details

  • 8,970 Sq Ft Lot
  • Lot Dimensions are 95x95
  • Property is zoned [Q]R3-1 Tier 3

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 2330-014-020

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2059
  • Lot Dimensions: 95x95
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 2330-014-020
  • Lot Size Area: 8970
  • Possible New Zone: Build 7 +/- by Right or 14 +/- by TOC
  • Potential Usage: Build 7 +/- by Right or 14 +/- by TOC...or go 100% Affordable Housing and build even more!
  • Present Use: Vacant Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Tamir Oren
Bought by
13694 Erwin Llc
Current Estimated Value
$1,465,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,766,047
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Chen Panjiang and Ma Lin
Bought by
Tamir Oren

Purchase Details

Closed on
Jul 20, 2017
Sold by
Juarez Dan and Santoy Alexander
Bought by
Chen Panjiang and Ma Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2008
Sold by
Juarez Dan
Bought by
Juarez Dan and Santoy Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Santoy Alexander and Juarez Dan
Bought by
Juarez Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2003
Sold by
Santoy Alexander and Urbina Michael
Bought by
Santoy Alexander and Juarez Dan

Purchase Details

Closed on
Mar 24, 1999
Sold by
Rabin David J and Rabin Mattingly D
Bought by
Santoy Alexander and Urbina Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,924
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 1995
Sold by
Rabin David J
Bought by
Rabin David J and Mattingly Anne

Purchase Details

Closed on
Apr 17, 1995
Sold by
Rabin David J
Bought by
Rabin David J and Rabin Mattingly D
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
13694 Erwin Llc $1,320,000 Fidelity National Title
Tamir Oren $687,000 Stewart Title Company
Chen Panjiang $1,060,000 Stewart
Ma Lin -- Stewart
Chen Panjiang -- Stewart
Juarez Dan -- None Available
Juarez Dan -- Fidelity Van Nuys
Santoy Alexander -- Chicago Title Co
Santoy Alexander $162,000 --
Rabin David J -- --
Rabin David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 13694 Erwin Llc $2,766,047
Previous Owner Chen Panjiang $503,750
Previous Owner Juarez Dan $260,000
Previous Owner Santoy Alexander $160,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2023 08/03/23 Sold $1,320,000 -11.7% $783 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $1,495,000 +41.0% $887 / Sq Ft
09/29/2017 09/29/17 Sold $1,060,000 -3.6% $629 / Sq Ft View Prior Sale
07/12/2017 07/12/17 Price Changed $1,100,000 -8.3% $653 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $1,200,000 -- $712 / 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 $16,166 $1,346,400 $1,346,400 --
2024 $16,166 $1,320,000 $1,320,000 --
2023 $8,991 $722,158 $722,158 $0
2022 $8,770 $707,997 $566,398 $141,599
2021 $9,350 $694,116 $555,293 $138,823
2020 $13,737 $1,102,824 $775,098 $327,726
2019 $13,198 $1,081,200 $759,900 $321,300
2018 $13,105 $1,060,000 $745,000 $315,000
2016 $4,301 $327,477 $211,034 $116,443
2015 $4,243 $322,559 $207,865 $114,694
2014 $4,265 $316,242 $203,794 $112,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-252895

The MLS

APN: 2330-014-020