NOT LISTED FOR SALE

14206 Delano St van Nuys, CA 91401

Estimated Value: $941,000 - $1,311,000

1 Bed
1 Bath
2,068 Sq Ft
$544/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $889,000 $430 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,890/month

78 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 1-Story Property
  • Van Nuys High School Rated A

About This Home

As of May 2019

We are proud to represent the clean four unit apartment building located in a good rental pocket of Van Nuys.
The property consists of (4) one bedroom one bath units that are a total of 2,068 square feet and is situated on a 7,499 square feet lot. The units have been well maintained and there is upside on existing rents. Two of the units are vacant which makes it perfect for an owner user or potential land value.
This Van Nuys rental community is highly desirable and centrally located, with easy access to public transportation and freeways. The surrounding area features established residential tree-lined neighborhoods,and a variety of shopping centers and restaurants.
The property is situated near the heart of Van Nuys courthouse, post office, and police station, Costco & Target, with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportation services allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 01/14/2019

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 01/14/2019

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,474 Sq Ft Lot
  • 1 Common Wall
  • Front Yard
  • Density is 21-25 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240021011

Community Details

Overview

  • 4 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Fuel Expense $122
  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $2,160
  • New Taxes Expense $10,752
  • Operating Expense $16,227
  • Gross Income $58,176
  • Net Operating Income $40,804

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.54
  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2240021011
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 429.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7474.00
  • Lot Size Acres: 0.1716

Multi Family

  • Fuel Expense: 122.00
  • Gross Income: 58176.00
  • Gross Scheduled Income: 58176.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7474.0000 Square Feet
  • Net Operating Income: 40804.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 16227.00
  • Rent Control: Yes
  • Total Expenses: 16227.00

Tax Info

  • New Taxes Expense: 10752.00
  • Tax Census Tract: 1282.10
  • Tax Lot: 6
  • Tax Tract Number: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Ingram Daliene and Ingram Juliene
Bought by
D D D Realty Llc
Current Estimated Value
$1,125,299

Purchase Details

Listed on
Jan 14, 2019
Closed on
Apr 4, 2019
Sold by
The Louis Roy Cooper Living Trust
Bought by
Ingram Daliene and Ingram Juliene
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$950,000
Sold Price
$889,000
Premium/Discount to List
-$61,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$680,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2003
Sold by
Cooper Louis Roy
Bought by
Cooper Louis Roy and Louis Roy Cooper Living Trust

Purchase Details

Closed on
Aug 16, 1993
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cooper Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.95%

Purchase Details

Closed on
Jun 9, 1993
Sold by
Glendale Federal Bank Fsb
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
D D D Realty Llc $910,000 California Title Company
Ingram Daliene $889,000 Lawyers Title Company
Cooper Louis Roy -- --
Cooper Louis $85,000 Stewart Title
Federal Home Loan Mortgage Corporation -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingram Daliene $680,000
Previous Owner Cooper Louis $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $889,000 -6.4% $430 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $950,000 -- $459 / 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 $12,067 $985,011 $591,007 $394,004
2024 $12,067 $965,698 $579,419 $386,279
2023 $11,837 $946,763 $568,058 $378,705
2022 $11,293 $928,200 $556,920 $371,280
2021 $11,154 $910,000 $546,000 $364,000
2019 $3,494 $258,695 $114,261 $144,434
2018 $3,343 $253,623 $112,021 $141,602
2016 $3,180 $243,776 $107,672 $136,104
2015 $3,137 $240,115 $106,055 $134,060
2014 $3,174 $235,412 $103,978 $131,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19008806

California Regional Multiple Listing Service (CRMLS)

APN: 2240-021-011