NOT LISTED FOR SALE

14157 Calvert St van Nuys, CA 91401

14 Beds
9 Baths
6,613 Sq Ft
7,502 Sq Ft Lot

Last Sold June 20, 2018

Last sale price $1,550,000 $234 Per Sq Ft

65 Days on Market

About This Home

As of June 2018

Great investment opportunity for sale! This property is located in a strong rental area. No Vacancy! Desirable SIX units of 2 Bd. + 1 Ba., ONE 2 Bd.+ 2 Ba. and ONE Studio. Upside in rents. Soft Story Retrofit will be required. Seller may credit buyer for said Retrofit.

Last Agent to Sell the Property

Michelle Azulay

Exclusive Estate Properties Inc License #01358294 Listed on: 02/12/2018

Last Buyer's Agent

Michelle Azulay

Exclusive Estate Properties Inc License #01358294 Listed on: 02/12/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 9 Car Garage

Home Design

  • 6,613 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240022024

Community Details

Overview

  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,100
  • Trash Expense $4,200
  • Water Sewer Expense $13,200
  • New Taxes Expense $19,687
  • Operating Expense $39,430
  • Gross Income $113,784
  • Net Operating Income $74,354

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

9

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 13200.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2240022024
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 234.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 4200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00

Multi Family

  • Gross Income: 113784.00
  • Gross Scheduled Income: 114984.00
  • Insurance Expense: 2100.00
  • Laundry Income: 1420.00
  • Net Operating Income: 74354.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 39430.00
  • Rent Control: Yes
  • Total Expenses: 39430.00

Tax Info

  • New Taxes Expense: 19687.00
  • Tax Census Tract: 1282.10
  • Tax Lot: 17
  • Tax Tract Number: 1200

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $1,550,000 -2.8% $234 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $1,595,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,936 $1,763,630 $705,452 $1,058,178
2024 $21,936 $1,729,050 $691,620 $1,037,430
2023 $21,525 $1,695,148 $678,059 $1,017,089
2022 $20,552 $1,661,911 $664,764 $997,147
2021 $20,280 $1,629,326 $651,730 $977,596
2019 $19,701 $1,581,000 $632,400 $948,600
2018 $13,303 $1,029,906 $534,193 $495,713
2016 $12,635 $989,915 $513,450 $476,465
2015 $12,459 $975,047 $505,738 $469,309
2014 $12,546 $955,948 $495,832 $460,116
Source: Public Records

Agents Affiliated with this Home

  • Michelle Azulay

    Seller's Agent in 2018

    Michelle Azulay

    Exclusive Estate Properties Inc

    (818) 755-0002

    3 Total Sales

    Michelle Azulay
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18033369

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

14157 Calvert St, Van Nuys, CA

Not Listed for Sale

MultiFamily

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