NOT LISTED FOR SALE

13768 Erwin St Van Nuys, CA 91401

Valley Glen Neighborhood

Estimated Value: $1,196,000 - $1,529,000

3 Beds
3 Baths
2,882 Sq Ft
$468/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $1,026,000 $356 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,483/month

48 Days on Market

Highlights

  • Dining Room with Fireplace
  • Patio
  • 1-Story Property
  • Ulysses S. Grant Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2020

Amazing opportunity to own a single family house plus 2 additional units on a huge 11,136 SF lot in Valley Glen/No Sherman Oaks quiet neighborhood. Great for owner user or investment. Live in one unit and rent out the other two for a great cash flow. The main house is 1,608 SF with 2 bed & 2 baths with lots of natural light. It has A/C, wood/tile floors, large den, family room, dining area, two fireplaces and laundry room with remodeled kitchen, bathrooms and floors & some plumbing/electrical updates. Main House Virtual Tour: https://my.matterport.com/show/?m=AaR4TMsE2Ji&brand=0 Back yard features a covered patio, gated pool, and built-in outdoor fireplace. The roomy ADU unit has 1 bedroom and 1 bathroom with 873 SF of living space. It has its own private backyard w/ spa. ADU Virtual tour:https://my.matterport.com/show/?m=3fSWLeU7WCT&brand=0 Close to shopping, Los Angeles Valley College, and easy freeway access. **Main house and ADU unit are currently vacant**

Last Agent to Sell the Property

Kevin Daniali

Keller Williams Beverly Hills License #01904911 Listed on: 04/28/2020

Keller Williams Beverly Hills

Co-Listed By

Ben Behnam Ghodsian

Keller Williams Beverly Hills License #02050344

Last Buyer's Agent

Kevin Daniali

Keller Williams Beverly Hills License #01904911 Listed on: 04/28/2020

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,515

Year Built

  • Built in 1951

Lot Details

  • 0.26

Home Design

  • Duplex

Interior Spaces

  • 2,882 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Patio
  • 0.26 Acre Lot
  • Accessory Dwelling Unit (ADU)
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2239-018-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,515

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2882
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Dining, Family Room, Patio
  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 374.39

Exterior Features

  • Other Structures: Accessory Dwelling Unit

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 253896
  • Assessed Land Value: 253896
  • Assessor Parcel Number: 2239-018-001
  • Geocode Override: No
  • Lot Size Area: 11136

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.03
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 20260
  • Type Of Units: Duplex
  • Vacancy Rate: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 8, 2020
Sold by
Arakelian Rafik
Bought by
Udeani John C and Udeani Prudence Sheylander
Seller's Agent
Kevin Daniali
Keller Williams Beverly Hills
Buyer's Agent
Kevin Daniali
Keller Williams Beverly Hills
List Price
$1,079,000
Sold Price
$1,026,000
Premium/Discount to List
-$53,000
-4.91%
Current Estimated Value
$1,350,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,137
Avg. Annual Appreciation
5.56%
Original Mortgage
$769,500
Outstanding Balance
$691,633
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$658,504

Purchase Details

Closed on
May 24, 2017
Sold by
Newman Douglas J
Bought by
Arakelian Rafik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2010
Sold by
Fahey Dennis S and Fahey Rose M Ferraro
Bought by
Newman Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2003
Sold by
Stubenhaus Neil
Bought by
Fahey Dennis S and Fahey Rose M Ferraro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1999
Sold by
Stubenhaus Alison
Bought by
Stubenhaus Neil
Source: Public Records

Range of Values:

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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
Udeani John C $1,026,000 Clearmark Title
Arakelian Rafik $975,000 Provident Title Company
Arakelian Rafik -- Provident Title Company
Newman Douglas J $460,000 Lawyers Title
Fahey Dennis S $572,000 First Southwestern Title Co
Stubenhaus Neil -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Udeani John C $769,500
Previous Owner Arakelian Rafik $490,000
Previous Owner Arakelian Rafik $375,000
Previous Owner Newman Douglas J $368,000
Previous Owner Fahey Dennis S $664,000
Previous Owner Fahey Dennis S $560,000
Previous Owner Fahey Dennis S $457,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $1,026,000 -4.9% $356 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $1,079,000 0.0% $374 / Sq Ft
03/24/2016 03/24/16 Rented $2,695 0.0% --
03/18/2016 03/18/16 For Rent $2,695 -- --
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 $13,515 $1,110,573 $666,777 $443,796
2024 $13,515 $1,088,798 $653,703 $435,095
2023 $13,255 $1,067,450 $640,886 $426,564
2022 $12,643 $1,046,520 $628,320 $418,200
2021 $12,484 $1,026,000 $616,000 $410,000
2020 $12,756 $1,034,677 $530,604 $504,073
2019 $12,252 $1,014,390 $520,200 $494,190
2018 $12,092 $994,500 $510,000 $484,500
2016 $6,090 $497,836 $248,918 $248,918
2015 $6,002 $490,360 $245,180 $245,180
2014 $6,032 $480,756 $240,378 $240,378
Source: Public Records

Agents Affiliated with this Home

  • Kevin Daniali

    Seller's Agent in 2020

    Kevin Daniali

    Keller Williams Beverly Hills

    (310) 598-0011

    1 in this area

    22 Total Sales

    Section Image
  • Ben Behnam Ghodsian

    Seller Co-Listing Agent in 2020

    Ben Behnam Ghodsian

    Keller Williams Beverly Hills

    (310) 432-6400

    2 Total Sales

    Section Image

  • E

    Seller's Agent in 2016

    Erik Bottema

    Equity Partners Realty

    (800) 729-5111

    19 Total Sales

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Map

Source: The MLS

MLS Number: 20-574608

The MLS

APN: 2239-018-001

California Los Angeles County Van Nuys 91401 Valley Glen

13768 Erwin St, Van Nuys, CA

This home is located at 13768 Erwin St, Van Nuys, CA 91401 since 28 April 2020 and is currently estimated at $1,350,137, approximately $468 per square foot. This property was built in 1951. 13768 Erwin St is a home located in Los Angeles County with nearby schools including Erwin Street Elementary School, Ulysses S. Grant Senior High School, and Ararat Charter School.

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