B
Seller's Agent in 2017
Baron Schmidt
Ramsey-Shilling Assoc.
13818 Burbank Blvd Sherman Oaks, CA 91401
Estimated Value: $1,773,000 - $2,529,484
8
Beds
4
Baths
4,162
Sq Ft
$521/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Gated Community
- Private Yard
- Chandler Elementary Rated A-
- Wood Flooring
- Beamed Ceilings
About This Home
As of February 20175.2% Proforma cap rate, 4.3% at Close of Escrow. Fourplex in prime Sherman Oaks area with great amenities. All Units are large 2 bedroom/1 baths with oak hardwood floors, Central Air & Heat, and dishwashers. Two units have large private, fenced, and locked yards. Two units have high, vaulted, open-beam ceilings. All 4 one-car garages are not rent-controlled, and have huge, immediate upside potential; tenants currently rent them for $10/month. They are outfitted with whisper-quiet openers. Laundry Room is owned by Seller and includes front-load, digital washer and dryer, and individual private laundry lockers for each tenant. Includes two private, locked, and rentable storage rooms, one is large and one is under the outside staircase. Property features gated and locked entry with intercom system. 3 units have newer kitchen & bathroom cabinets, sinks, and countertops. One unit's is all brand new. Largest unit with biggest private yard is vacant for possible owner use. Building has newer, high-quality roof. Separate water meter for landscaping - so there are no sewer charges for landscaping.
Buyer to cooperate with seller in a 1031 exchange, with no expense to the buyer.
Please Do Not Disturb Tenants. Contact agent for more information.
Last Agent to Sell the Property
Baron Schmidt
Ramsey-Shilling Assoc. License #00768896 Listed on: 01/06/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,490
Year Built
- Built in 1957
Lot Details
- 6,760 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Block Wall Fence
- Sprinkler System
- Private Yard
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Side by Side Parking
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 4,162 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Sliding Doors
- Wood Flooring
- Carbon Monoxide Detectors
- Laundry Room
Kitchen
- Built-In Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Utilities
- Central Air
Listing and Financial Details
- Tenant pays for all utilities, cable TV, parking fee
- Tax Lot 2
- Tax Tract Number 12815
- Assessor Parcel Number 2247003010
Community Details
Overview
- 4 Units
- Valley
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,200
- Gardener Expense $720
- Insurance Expense $2,167
- Maintenance Expense $1,200
- Pest Control $1,236
- Water Sewer Expense $1,200
- New Taxes Expense $18,500
- Operating Expense $15,381
- Gross Income $4,080
- Net Operating Income $80,043
Additional Features
- Laundry Facilities
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2021
Sold by
Roohanis Investments Llc
Bought by
Roohani Alireza and Roohani Teresa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$847,556
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,319,815
Purchase Details
Closed on
Apr 3, 2019
Sold by
Roohani Teresa Diane and Roohani Ali Reza
Bought by
Roohanis Investments Llc
Purchase Details
Closed on
Dec 3, 2017
Sold by
Roohani Ali Reza
Bought by
Roohani Ali Reza and Rochani Teresa Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2017
Sold by
Roohani Teresa Diane
Bought by
Roohani Ali Reza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 6, 2017
Closed on
Feb 14, 2017
Sold by
Granata Lisa T
Bought by
Rochani Ali Reza
Seller's Agent
Baron Schmidt
Ramsey-Shilling Assoc.
List Price
$1,575,000
Sold Price
$1,537,500
Premium/Discount to List
-$37,500
-2.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Purchase Details
Closed on
Jan 7, 2009
Sold by
Granata Lisa T
Bought by
The Lisa T Granata Living Trust
Purchase Details
Closed on
Feb 5, 2004
Sold by
Toth Linda S
Bought by
Granata Lisa T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,500
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2001
Sold by
Levi Family Partnership Lp
Bought by
Toth Linda S and Granata Lisa T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.98%
Purchase Details
Closed on
Jan 25, 2001
Sold by
Moss Ann
Bought by
Levi Evan and Levi Miriam
Purchase Details
Closed on
Oct 26, 1999
Sold by
Levy Family Partnership
Bought by
Moss Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.35%
Purchase Details
Closed on
Dec 31, 1998
Sold by
Moss Ann
Bought by
The Ann Moss Trust
Purchase Details
Closed on
Jun 12, 1996
Sold by
Levi Evan and Levi Mia
Bought by
Levi Family Partnership Lp
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roohani Alireza | -- | Accommodation/Courtesy Recordi | |
| Roohanis Investments Llc | -- | Old Republic Title Company | |
| Roohani Ali Reza | -- | Ticor Title Co | |
| Roohani Ali Reza | -- | First American Title Company | |
| Rochani Ali Reza | $1,537,500 | Old Republic Title | |
| The Lisa T Granata Living Trust | -- | None Available | |
| Granata Lisa T | -- | United Title Company Orange | |
| Toth Linda S | -- | Fidelity National Title Co | |
| Levi Family Partnership Lp | -- | Fidelity National Title Co | |
| Levi Evan | -- | Fidelity National Title Co | |
| Moss Ann | -- | American Coast Title | |
| The Ann Moss Trust | -- | -- | |
| Levi Family Partnership Lp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roohani Alireza | $945,000 | |
| Previous Owner | Roohani Ali Reza | $965,000 | |
| Previous Owner | Roohani Ali Reza | $945,000 | |
| Previous Owner | Granata Lisa T | $533,500 | |
| Previous Owner | Toth Linda S | $328,500 | |
| Previous Owner | Moss Ann | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2017 02/23/17 | Sold | $1,537,500 | -2.4% | $369 / Sq Ft |
| 02/07/2017 02/07/17 | Pending | -- | -- | -- |
| 01/06/2017 01/06/17 | For Sale | $1,575,000 | -- | $378 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,563 | $1,784,395 | $928,467 | $855,928 |
| 2024 | $21,563 | $1,749,408 | $910,262 | $839,146 |
| 2023 | $21,146 | $1,715,107 | $892,414 | $822,693 |
| 2022 | $20,164 | $1,509,600 | $897,600 | $612,000 |
| 2021 | $15,795 | $1,298,513 | $779,108 | $519,405 |
| 2020 | $20,111 | $1,631,606 | $848,966 | $782,640 |
| 2019 | $19,313 | $1,599,615 | $832,320 | $767,295 |
| 2018 | $19,174 | $1,568,250 | $816,000 | $752,250 |
| 2017 | $7,704 | $618,055 | $235,680 | $382,375 |
| 2016 | $7,490 | $605,937 | $231,059 | $374,878 |
| 2015 | $7,382 | $596,836 | $227,589 | $369,247 |
| 2014 | $7,427 | $585,145 | $223,131 | $362,014 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17003523
APN: 2247-003-010
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