NOT LISTED FOR SALE

14118 Calvert St van Nuys, CA 91401

Van Nuys Area
1 Bed
2 Baths
11,376 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: April 30, 2012

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

Highlights

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

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

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 12,545 Sq Ft Lot

Interior Spaces

  • 11,376 Sq Ft Home
  • Tile Flooring
  • Laundry in unit

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

0.29 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2026
Sold by
Bought by

Purchase Details

Listed on
Mar 26, 2012
Closed on
Apr 24, 2012
Sold by
Bought by
Seller's Agent
Victor Panosian
Pinnacle Estate Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Sold Price
$1,420,000

Purchase Details

Listed on
Mar 26, 2012
Closed on
Apr 11, 2012
Sold by
Bought by
Seller's Agent
Victor Panosian
Pinnacle Estate Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Sold Price
$1,420,000

Purchase Details

Closed on
Aug 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
0.0677%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 1998
Sold by
Bought by

Purchase Details

Closed on
May 15, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
0.0713%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
0.0713%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity - Sherman Oaks
$1,400,000 Calcounties Title Nation
-- Calcounties Title Nation
-- Accommodation
-- --
-- --
-- --
-- Lawyers Title Company
-- Lawyers Title Company
$757,380 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,065,000
Previous Owner $1,100,000
Previous Owner $250,000
Previous Owner $250,000
Previous Owner $30,000
Previous Owner $296,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,615 $1,758,467 $816,430 $942,037
2024 $22,268 $1,723,988 $800,422 $923,566
2023 $21,858 $1,690,185 $784,728 $905,457
2022 $20,884 $1,657,045 $769,342 $887,703
2021 $20,607 $1,624,555 $754,257 $870,298
2019 $20,018 $1,582,583 $731,887 $850,696
2018 $19,794 $1,551,675 $717,537 $834,138
2016 $18,851 $1,485,455 $689,675 $795,780
2015 $18,477 $1,463,143 $679,316 $783,827
2014 $18,581 $1,434,483 $666,010 $768,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12031324

California Regional Multiple Listing Service (CRMLS)
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