NOT LISTED FOR SALE

14118 Calvert St van Nuys, CA 91401

1 Bed
2 Baths
11,376 Sq Ft
0.29 Acres

Last Sold April 30, 2012

Last sale price $1,420,000 $125 Per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Tile Flooring
  • Van Nuys High School Rated A

About This Home

As of April 2012

Great investment property, consists of two buildings, 14118 and 14122 Calvert,
4 singles and 4 one bedrooms each, total of 16 units. Good current rants and low maintenance. Both buildings have a newer roof, windows, electric and sewer, 14118 has new plumbing.

Last Agent to Sell the Property

Victor Panosian

Pinnacle Estate Properties License #01269120 Listed on: 03/26/2012

Pinnacle Estate Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.29 Acre Lot

Interior Spaces

  • 11,376 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 28 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Legal Lot and Block 17 / 9
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240023023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • Rent Control
  • 16 Separate Electric Meters
  • 8 Separate Gas Meters
  • Insurance Expense $5,000
  • Maintenance Expense $1,500
  • Trash Expense $900
  • Water Sewer Expense $3,900
  • New Taxes Expense $18,713
  • Gross Income $12,360
  • Net Operating Income $113,529

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 7.58
  • Water Sewer Expenses: 3900.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2240023023
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Levels: Two
  • Price Per Square Foot: 124.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 28.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 900.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 12545.00
  • Lot Size Acres: 0.2880

Multi Family

  • Gross Income: 12360.00
  • Gross Multiplier: 10.05
  • Gross Scheduled Income: 148920.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 12545.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 113529.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 8
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 32413.00
  • Rent Control: Yes
  • Total Actual Rent: 12335.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 18713.00
  • Tax Area: 13
  • Tax Block: 9
  • Tax Lot: 17
  • Tax Tract Number: 1200

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $1,420,000 -- $125 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Victor Panosian

    Pinnacle Estate Properties

    (818) 993-7370

    20 Total Sales

    Victor Panosian
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    17 in this area

    6,009 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12031324

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Van Nuys 91401

14118 Calvert St, Van Nuys, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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