$1,040,000
SOLD APR 10, 2014

14151 Moorpark St Sherman Oaks, CA 91423

-- Bed
-- Bath
3,240 Sq Ft
5,097 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

5% Below List Price

91 Days on Market

About This Home

As of April 2014

Located in the vibrant San Fernando Valley community of Sherman Oaks,California, this 4 unit building is a solid asset in a well-situated area. Nestled between the Fashion Square Mall and the recently redesigned and constructed Sherman Oaks Galleria, this property benefits from a great location near Ventura Boulevard and easy access to both the 405 and the 101 freeways. Residents ofSherman Oaks enjoy some of the best dining and nightlife the area has to offer. The steady employment opportunities and schooling are big reasons for the family oriented atmosphere of Sherman Oaks. The property has been meticulously maintained and has virtually no deferred maintenance. With population, job growth, and income forecasted to rise in this area over the next five years, the chance to own a turnkey asset in this growing market should not be passed up.

Last Agent to Sell the Property

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 10/23/2013

Last Buyer's Agent

Aram Yeghiazarian

License #00973296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,565

Year Built

  • Built in 1956

Lot Details

  • 5,097 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 3,240 Sq Ft Home

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2265-021-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,565

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3240
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 339.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Electric Expense: 2500.00

Fee Information

  • Insurance Expense: 2500.00
  • Maintenance Expense: 1738.00
  • Management Expense: 1738.00
  • Trash Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 250978
  • Assessed Land Value: 690194
  • Assessor Parcel Number: 2265-021-029
  • Geocode Override: No
  • Lot Size Area: 5097

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.91
  • Number Of Units: 4
  • Total Annual Expense: 24885
  • Type Of Units: 1 & 2 Bdr
  • Vacancy Rate: 3456

Tax Info

  • Tax Expense: 13750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Regan Douglas M
Bought by
14153 Moorpark Street Llc

Purchase Details

Closed on
Feb 8, 2018
Sold by
14151 Moorpark Street Llc
Bought by
Regan Douglas M and Regan Victoria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,400
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Aghabegian Alan
Bought by
14151 Moorpark Street Llc

Purchase Details

Listed on
Oct 23, 2013
Closed on
Mar 10, 2014
Sold by
Banchik Howard S
Bought by
Aghabegian Alan and Torossian Greta
Seller's Agent
David Kaufman
David Ballin Kaufman
Buyer's Agent
Aram Yeghiazarian
List Price
$1,100,000
Sold Price
$1,040,000
Premium/Discount to List
-$60,000
-5.45%

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%
Original Mortgage
$728,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Value Portfolio Llc
Bought by
Banchik Howard S

Purchase Details

Closed on
Mar 28, 2008
Sold by
Gitnick Neil
Bought by
Value Portfolio Inc

Purchase Details

Closed on
Jul 19, 2006
Sold by
Nichol Marion T and Nichol Trust
Bought by
Gitnick Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $1,429,000 Lawyers Title Company
Quit Claim Deed -- None Available
Grant Deed $1,040,010 First American Title Ins Co
Quit Claim Deed -- First American Title Ins Co
Grant Deed -- None Available
Grant Deed $1,050,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $857,400 New Conventional
Previous Owner $723,000 New Conventional
Previous Owner $728,000 New Conventional
Previous Owner $562,500 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $734,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $1,550,000 +49.0% $478 / Sq Ft
04/10/2014 04/10/14 Sold $1,040,000 -5.5% $321 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $1,100,000 -- $340 / Sq Ft
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 $19,565 $1,625,953 $1,137,827 $488,126
2024 $19,565 $1,594,072 $1,115,517 $478,555
2023 $19,185 $1,562,817 $1,093,645 $469,172
2022 $18,290 $1,532,174 $1,072,201 $459,973
2021 $18,061 $1,502,132 $1,051,178 $450,954
2020 $18,246 $1,486,731 $1,040,400 $446,331
2019 $17,519 $1,457,580 $1,020,000 $437,580
2018 $13,729 $1,119,641 $904,163 $215,478
2016 $13,111 $1,076,165 $869,054 $207,111
2015 $12,930 $1,060,779 $764,985 $295,794
2014 $12,067 $964,352 $707,193 $257,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-713923

The MLS

APN: 2265-021-029