NOT LISTED FOR SALE

14211 Calvert St van Nuys, CA 91401

Estimated Value: $919,000 - $1,377,000

5 Beds
3 Baths
2,210 Sq Ft
$500/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2018

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

Est. 44% increase in value since last sale

Current estimated payment $6,853 / mo

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

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

Year Built

Built in 1951

Lot Details

7,502 Sq Ft Lot

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

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

Closed on
May 17, 2019
Sold by
Bought by
Current Estimated Value
$1,104,802

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 2, 2018
Sold by
Bought by
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
4.94%
Original Mortgage
$573,750
Outstanding Balance
$356,354
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$748,448

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 27, 2018
Sold by
Bought by
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
$748,448

Purchase Details

Closed on
Feb 2, 2005
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
$352,750
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
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
$352,750
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
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
$243,925
Interest Rate
6.84%

Purchase Details

Closed on
Apr 18, 2001
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
$177,600
Interest Rate
7.03%

Purchase Details

Closed on
Mar 28, 2000
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
$188,447
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2000
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
$188,447
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2000
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
$188,447
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1995
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
$132,000
Interest Rate
7.42%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 1995
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
$76,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 22, 1995
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
$76,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

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
-- Accommodation
-- Progressive Title Company
$765,000 Progressive Title Company
-- --
$415,000 --
$260,000 Old Republic Title Company
$222,000 Benefit Land Title Company
-- Southland Title
$190,000 Southland Title
-- Southland Title Corporation
$165,000 Stewart Title
-- --
-- Stewart Title
$95,000 Stewart Title
$190,000 Chicago Title Company
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
Open $573,750
Previous Owner $352,750
Previous Owner $243,925
Previous Owner $177,600
Previous Owner $188,447
Previous Owner $132,000
Previous Owner $76,000
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
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

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 $10,625 $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

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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

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