NOT LISTED FOR SALE

14211 Calvert St van Nuys, CA 91401

Van Nuys Neighborhood

Estimated Value: $928,000 - $1,297,000

5 Beds
3 Baths
2,210 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $765,000 $346 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,943/month

31 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Rectangular Lot
  • Van Nuys High School Rated A
  • No HOA
  • Wall Furnace

About This Home

As of November 2018

Great investor opportunity in Van Nuys. Steps to the court houses and public transportation. A total of three units (1 bed, 2 bed, 2 bed) and all have one bathroom each. Units have wood or laminate floors and the building was completely refurbished in 2007 which minimizes deferred maintenance. Zoned R3 so there is development potential as well. Rent now and build in the future. Many possibilities with this cash cow. There is a detached three-car garage which can bring in extra income. Expenses are minimal as tenants pay for gas and power. Landlord only pays for water, property taxes, gardener, and insurance. Added bonus, the property does have water sub-meters installed, so a savvy owner could eliminate water expense too. Current income is listed in setup.

Last Agent to Sell the Property

Todd Jones

Rodeo Realty License #01481426 Listed on: 08/24/2018

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,497

Year Built

  • Built in 1951

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 2,210 Sq Ft Home
  • Triplex

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 20
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240021015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $2,100
  • New Taxes Expense $9,125
  • Operating Expense $12,725
  • Gross Income $47,880
  • Net Operating Income $35,155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,497

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.86
  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2240021015
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Wood
  • Price Per Square Foot: 346.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 7502.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 47880.00
  • Gross Scheduled Income: 47880.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 35155.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 12725.00
  • Rent Control: Yes
  • Total Actual Rent: 4020.00
  • Total Expenses: 12725.00

Tax Info

  • New Taxes Expense: 9125.00
  • Tax Census Tract: 1282.10
  • Tax Lot: 20
  • Tax Tract Number: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Ahmadzadeh Fariborz
Bought by
Ahmadzadeh Fariborz and Sonei Ghoncheh
Current Estimated Value
$1,115,752

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 2, 2018
Sold by
Sonel Ghoncheh
Bought by
Ahmadzadeh Fariborz
Seller's Agent
Todd Jones
Rodeo Realty
List Price
$730,000
Sold Price
$765,000
Premium/Discount to List
$35,000
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$573,750
Outstanding Balance
$356,354
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$759,398

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 27, 2018
Sold by
Asgari Mitra
Bought by
Ahmadzadeh Fariborz
Seller's Agent
Todd Jones
Rodeo Realty
List Price
$730,000
Sold Price
$765,000
Premium/Discount to List
$35,000
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Outstanding Balance
$356,354
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$759,398

Purchase Details

Closed on
Feb 2, 2005
Sold by
Anvarizadel Mohammad
Bought by
Asgari Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Groma Joseph Franz
Bought by
Asgari Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Bohrani Farzad G
Bought by
Groma Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,925
Interest Rate
6.84%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Campo Rolando
Bought by
Borhani Farzad G and Borhani Marjan Moradi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
7.03%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Campo Blanca M
Bought by
Campo Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,447
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2000
Sold by
Nuno Raul R
Bought by
Campo Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,447
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2000
Sold by
Nuno Diane R
Bought by
Nuno Raul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,447
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1995
Sold by
Larry P Merton Enterprises Inc
Bought by
Nuno Rual R and Nuno Diane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.42%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Merton Larry P
Bought by
Larry Merton Enterprises Inc

Purchase Details

Closed on
Apr 20, 1995
Sold by
Merton Andrea C
Bought by
Merton Larry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 22, 1995
Sold by
Coast Federal Bank Fsb
Bought by
Merton Larry P and Merton Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 1994
Sold by
Varkey Jose P
Bought by
Coast Federal Bank Fsb
Source: Public Records

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 Buyer Sale Price Title Company
Ahmadzadeh Fariborz -- Accommodation
Ahmadzadeh Fariborz -- Progressive Title Company
Ahmadzadeh Fariborz $765,000 Progressive Title Company
Asgari Mitra -- --
Asgari Mitra $415,000 --
Groma Joseph $260,000 Old Republic Title Company
Borhani Farzad G $222,000 Benefit Land Title Company
Campo Rolando -- Southland Title
Campo Rolando $190,000 Southland Title
Nuno Raul R -- Southland Title Corporation
Nuno Rual R $165,000 Stewart Title
Larry Merton Enterprises Inc -- --
Merton Larry P -- Stewart Title
Merton Larry P $95,000 Stewart Title
Coast Federal Bank Fsb $190,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmadzadeh Fariborz $573,750
Previous Owner Asgari Mitra $460,000
Previous Owner Asgari Mitra $352,750
Previous Owner Groma Joseph $243,925
Previous Owner Borhani Farzad G $177,600
Previous Owner Campo Rolando $188,447
Previous Owner Nuno Rual R $132,000
Previous Owner Merton Larry P $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $765,000 +4.8% $346 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $730,000 -- $330 / 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 $10,497 $853,367 $613,533 $239,834
2024 $10,497 $836,635 $601,503 $235,132
2023 $10,298 $820,231 $589,709 $230,522
2022 $9,826 $804,149 $578,147 $226,002
2021 $9,702 $788,382 $566,811 $221,571
2019 $9,416 $765,000 $550,000 $215,000
2018 $6,365 $508,391 $343,012 $165,379
2016 $6,071 $488,652 $329,694 $158,958
2015 $5,985 $481,313 $324,742 $156,571
2014 $6,022 $471,885 $318,381 $153,504
Source: Public Records

Agents Affiliated with this Home

  • Todd Jones

    Seller's Agent in 2018

    Todd Jones

    Rodeo Realty

    (310) 882-5565

    96 Total Sales

    Todd Jones
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18207061

California Regional Multiple Listing Service (CRMLS)

APN: 2240-021-015

California Los Angeles County Van Nuys 91401 Van Nuys

14211 Calvert St, Van Nuys, CA

This home is located at 14211 Calvert St, van Nuys, CA 91401 since 24 August 2018 and is currently estimated at $1,115,752, approximately $504 per square foot. This property was built in 1951. 14211 Calvert St is a home located in Los Angeles County with nearby schools including Van Nuys Elementary School, Van Nuys High School, and Ararat Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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