NOT LISTED FOR SALE

Estimated Value: $1,047,000 - $1,361,000

4 Beds
3 Baths
1,838 Sq Ft
$626/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $770,000 $419 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,245/month

117 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Van Nuys High School Rated A
  • Laundry Room
  • Back and Front Yard

About This Home

As of May 2018

Price Reduced!!! Van Nuys triplex...walking distance to stores and buses and schools. Newly painted outside and some inside paint. Two Bedroom front house with one bath and garage, the back units are one bedroom, one bath. Newer windows, updated Kitchen and bath in the front house, back units have hardwood floors and some updating. Good income from the house and units! Centrally located, excellent rental potential, units are always rented! There is plenty of parking, very nice front and back yard areas. Partial copper plumbing, new main line to the street, new tile floor being installed in front house. Drive by only please!

Last Agent to Sell the Property

Susan Karns

Premier Homes & Estates License #01205758 Listed on: 12/22/2017

Last Buyer's Agent

Hortensia Sales

RBS Realty License #01229420

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,683

Year Built

  • Built in 1921

Lot Details

  • 6,472 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,838 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1200
  • Assessor Parcel Number 2237020016

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $1,800
  • New Taxes Expense $10,000
  • Operating Expense $12,650
  • Gross Income $51,192
  • Net Operating Income $38,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,683

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: cell
  • Other Phone Number: 818-517-9737
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2237020016
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 418.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6472.00

Multi Family

  • Gross Income: 51192.00
  • Gross Scheduled Income: 51192.00
  • Insurance Expense: 850.00
  • Net Operating Income: 38562.00
  • 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: 12650.00
  • Rent Control: Yes
  • Total Expenses: 12650.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 1281.02
  • Tax Lot: 16
  • Tax Tract Number: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2017
Closed on
Apr 18, 2018
Sold by
Gilinets Alex
Bought by
Kotzen Michael and Kotzen Terri
Seller's Agent
Susan Karns
Premier Homes & Estates
Buyer's Agent
Hortensia Sales
RBS Realty
List Price
$849,000
Sold Price
$770,000
Premium/Discount to List
-$79,000
-9.31%
Current Estimated Value
$1,150,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,699
Avg. Annual Appreciation
5.74%
Original Mortgage
$577,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 10, 2016
Sold by
Davis Tyler Thomason
Bought by
Gilinets Alex
Seller's Agent
Josue Lopez
GROW Detovi, Inc
Buyer's Agent
Michael Sanneh
eXp Realty of California Inc
List Price
$689,000
Sold Price
$625,000
Premium/Discount to List
-$64,000
-9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$468,750
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 6, 2014
Sold by
Johnson Estelle J and Johnson Gerald W
Bought by
Davis Tyler Thomason
Seller's Agent
Josue Lopez
GROW Detovi, Inc
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.15%
Original Mortgage
$321,077
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2006
Sold by
Johnson Estelle Judith
Bought by
Johnson Gerald W and Johnson Estelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 15, 1998
Sold by
Heubach Robert W
Bought by
Johnson Estelle Judith
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kotzen Michael $770,000 Lawyers Title
Gilinets Alex $625,000 Ticor Title Company
Davis Tyler Thomason $327,000 Provident Title Company
Johnson Gerald W -- Fidelity National Title Co
Johnson Estelle Judith -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotzen Michael $675,000
Closed Kotzen Michael $577,500
Previous Owner Gilinets Alex $468,750
Previous Owner Davis Tyler Thomason $321,077
Previous Owner Johnson Gerald W $384,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $770,000 -9.3% $419 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
12/22/2017 12/22/17 For Sale $849,000 +35.8% $462 / Sq Ft
06/16/2016 06/16/16 Sold $625,000 -9.3% $340 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $689,000 +155.2% $375 / Sq Ft
06/16/2014 06/16/14 Sold $270,000 0.0% $147 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $270,000 -- $147 / 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 $10,683 $876,124 $523,399 $352,725
2024 $10,683 $858,946 $513,137 $345,809
2023 $10,479 $842,105 $503,076 $339,029
2022 $9,995 $825,594 $493,212 $332,382
2021 $9,871 $809,407 $483,542 $325,865
2020 $9,969 $801,108 $478,584 $322,524
2019 $9,578 $785,400 $469,200 $316,200
2018 $8,026 $650,250 $390,150 $260,100
2016 $4,254 $338,618 $186,395 $152,223
2015 $4,194 $333,533 $183,596 $149,937
2014 $782 $51,351 $33,378 $17,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17279003

California Regional Multiple Listing Service (CRMLS)

APN: 2237-020-016