$742,000
SOLD DEC 22, 2014
8 Beds
4 Baths
2,756 Sq Ft
7,527 Sq Ft Lot

Recently Sold

$269 Per Sq Ft

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 4 Car Garage
  • Wall Furnace
  • Van Nuys High School Rated A

About This Home

As of September 2020

Great 4 Unit building in Van Nuys. Easy access to the 405 and 170 freeways and close to city transportation. Subject consists of four 2+1 units. Property Profile indicates that subject is (3) 2+1 and (1) 1+1. Tenants enjoy four private, single car garages. Newer composition shingle roof installed 2 years ago per seller. Separately metered for gas and electric, individual water heaters in each unit. Subject is currently fully occupied with actual income of $56,400. Drive by only, DO NOT DISTURB TENANTS. Showings are only with accepted offer.

Main cross streets are Woodman and Ranchito.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 11/17/2014

Keller Williams Realty Calabasas

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,465

Year Built

  • Built in 1948

Lot Details

  • 7,527 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,756 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Partial Copper Plumbing

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 225
  • Tax Tract Number 1000
  • Assessor Parcel Number 2216032014

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,200
  • Insurance Expense $830
  • New Taxes Expense $9,354
  • Gross Income $4,700
  • Net Operating Income $41,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,465

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 2216032014
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Price Per Square Foot: 269.23

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7527.00
  • Lot Size Acres: 0.1730

Multi Family

  • Electric Expense: 4200.00
  • Gross Income: 4700.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 830.00
  • Lot Size Area: 7527.0000 Square Feet
  • Net Operating Income: 41116.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15284.00
  • Rent Control: Yes
  • Total Actual Rent: 4700.00

Tax Info

  • New Taxes Expense: 9354.00
  • Tax Lot: 225
  • Tax Tract Number: 1000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Aug 28, 2020
Sold by
Aragon Richard V
Bought by
Aragon Christian
Seller's Agent
Grace Carelli
Sotheby's International Realty
Buyer's Agent
Christian Aragon
Elevate Homes
List Price
$1,095,000
Sold Price
$900,000
Premium/Discount to List
-$195,000
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$883,698
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 24, 2020
Sold by
Krupnick Matthew and Krupnick Robert
Bought by
Aragon Richard V
Seller's Agent
Grace Carelli
Sotheby's International Realty
Buyer's Agent
Christian Aragon
Elevate Homes
List Price
$1,095,000
Sold Price
$900,000
Premium/Discount to List
-$195,000
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,698
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 31, 2017
Sold by
Hernandez Vidal
Bought by
Krupnick Vivian G and Vivian G Krupnick Family Trust
Seller's Agent
Mike Pesci
Keller Williams Studio City
Buyer's Agent
Grace Carelli
Sotheby's International Realty
List Price
$955,000
Sold Price
$915,000
Premium/Discount to List
-$40,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%

Purchase Details

Listed on
Nov 17, 2014
Closed on
Dec 3, 2014
Sold by
Corona Martin
Bought by
The Hernandez Family Trust
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$742,000
Sold Price
$742,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Dec 15, 2005
Sold by
Corona Imelda
Bought by
Corona Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 2005
Sold by
Cusano Gary
Bought by
Corona Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 28, 1998
Sold by
Frawley Kevin R
Bought by
Cusano Gary and Cusano Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.82%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Grant Deed $900,000 Fidelity National Title
Grant Deed $915,000 Chicago Title Company
Grant Deed $742,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Comp
Grant Deed $660,000 Fidelity National Title Comp
Grant Deed $196,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,505 FHA
Previous Owner $883,698 FHA
Previous Owner $75,000 Credit Line Revolving
Previous Owner $500,000 Negative Amortization
Previous Owner $236,000 Unknown
Previous Owner $48,900 No Value Available
Previous Owner $176,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $1,229,000 +36.6% $446 / Sq Ft
09/08/2020 09/08/20 Sold $900,000 -9.5% $327 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $995,000 -9.1% $361 / Sq Ft
05/14/2020 05/14/20 For Sale $1,095,000 0.0% $397 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $1,095,000 +19.7% $397 / Sq Ft
04/28/2017 04/28/17 Sold $915,000 -4.2% $332 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
09/12/2016 09/12/16 For Sale $955,000 0.0% $347 / Sq Ft
09/12/2016 09/12/16 Price Changed $955,000 +4.4% $347 / Sq Ft
08/26/2016 08/26/16 Off Market $915,000 -- --
07/25/2016 07/25/16 For Sale $959,000 +29.2% $348 / Sq Ft
12/22/2014 12/22/14 Sold $742,000 0.0% $269 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $742,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $16,465 $1,324,000 $794,000 $530,000
2023 $11,812 $936,360 $561,816 $374,544
2022 $11,274 $918,000 $550,800 $367,200
2021 $11,130 $900,000 $540,000 $360,000
2020 $12,202 $971,004 $742,845 $228,159
2019 $11,728 $951,966 $728,280 $223,686
2018 $11,564 $933,300 $714,000 $219,300
2016 $9,252 $753,315 $345,185 $408,130
2015 $9,118 $742,000 $340,000 $402,000
2014 $9,354 $735,760 $412,472 $323,288
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14244530

California Regional Multiple Listing Service (CRMLS)

APN: 2216-032-014