NOT LISTED FOR SALE
12 Beds
8 Baths
5,967 Sq Ft
7,605 Sq Ft Lot

Sale Details

Date Sold: June 27, 2019

Last sale price $1,650,000 $277 Per Sq Ft

308 Days on Market

About This Home

As of June 2019

Very well maintained 8 unit apartment property in the high demand rental market of Van Nuys. 1963 construction, 4 updated units, with significant rental upside. Private parking, electric gate, owned onsite laundry machines.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 06/08/2018

Last Buyer's Agent

Edgar Koenig

License #00831815

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,605 Sq Ft Lot

Interior Spaces

  • 5,967 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Private Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2240-019-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,605 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5967
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 287.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Private
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 450940
  • Assessed Land Value: 583570
  • Assessor Parcel Number: 2240-019-003
  • Geocode Override: No
  • Lot Size Area: 7605

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 13.47
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: Flat

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

Listed on
Jun 8, 2018
Closed on
Apr 29, 2019
Sold by
Bought by
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
Edgar Koenig
List Price
$1,755,000
Sold Price
$1,650,000
Premium/Discount to List
-$105,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2013
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
$655,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2010
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
$500,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 17, 2004
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
$439,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in van Nuys, CA

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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
$1,650,000 Ticor Title Company
$975,000 Ticor Title Company Of Ca
$720,000 Fidelity National Title Co
-- Stewart Title
-- --
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 $890,000
Previous Owner $655,000
Previous Owner $500,000
Previous Owner $439,000
Previous Owner $43,643
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
06/27/2019 06/27/19 Sold $1,650,000 -3.8% $277 / Sq Ft
01/11/2019 01/11/19 Price Changed $1,715,000 -2.3% $287 / Sq Ft
11/13/2018 11/13/18 For Sale $1,755,000 +6.4% $294 / Sq Ft
10/13/2018 10/13/18 Off Market $1,650,000 -- --
09/21/2018 09/21/18 Price Changed $1,755,000 -2.2% $294 / Sq Ft
06/08/2018 06/08/18 For Sale $1,795,000 -- $301 / Sq Ft
Source: The MLS

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 $23,003 $1,840,603 $1,104,362 $736,241
2024 $22,721 $1,804,513 $1,082,708 $721,805
2023 $22,291 $1,769,131 $1,061,479 $707,652
2022 $21,279 $1,734,443 $1,040,666 $693,777
2021 $21,002 $1,700,435 $1,020,261 $680,174
2019 $13,744 $1,076,302 $607,145 $469,157
2018 $13,569 $1,055,199 $595,241 $459,958
2016 $12,897 $1,014,227 $572,128 $442,099
2015 $12,717 $998,994 $563,535 $435,459
2014 $12,804 $979,426 $552,497 $426,929
Source: Public Records

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Map

Source: The MLS

MLS Number: 18-358080

The MLS
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