NOT LISTED FOR SALE

14233 Victory Blvd van Nuys, CA 91401

Estimated Value: $773,880 - $1,321,000

4 Beds
4 Baths
2,040 Sq Ft
$496/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $390,000 $191 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,928/month

176 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • Van Nuys High School Rated A
  • Back and Front Yard

About This Home

As of November 2013

Back on the Market!! Sold with Multiple Bids. Run, don't walk. Family owned since 1964!!! Family trust liquidation! Four 1 bedroom + 1 bathroom units with low rents. 4-car garage. Must Close Concurrently with 14229 Victory Blvd.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 05/23/2013

Last Buyer's Agent

Timothy Agee

West Shores Realty, Inc. License #01292289

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,498 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,040 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 1200
  • Assessor Parcel Number 2237020019

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $700
  • Insurance Expense $1,680
  • Maintenance Expense $414
  • Other Expense $300
  • Water Sewer Expense $1,383
  • New Taxes Expense $4,445
  • Gross Income $2,251
  • Net Operating Income $17,891

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.47
  • Property Attached: Yes
  • Water Sewer Expenses: 1383.00
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 2237020019
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 191.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Paved
  • Lot Size Sq Ft: 6498.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 2251.00
  • Gross Multiplier: 14.81
  • Gross Scheduled Income: 27012.00
  • Insurance Expense: 1680.00
  • Lot Size Area: 6498.0000 Square Feet
  • Maintenance Expense: 414.00
  • Net Operating Income: 17891.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9121.00
  • Other Expense: 300.00
  • Other Expense Description: CPA
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4445.00
  • Tax Lot: 19
  • Tax Tract Number: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Coeler Peter and Coeler Barbara
Bought by
Coeler Peter Andrew and Coeler Barbara Carmen
Current Estimated Value
$1,011,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,267,500
Outstanding Balance
$1,160,965
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
-$149,245

Purchase Details

Closed on
Apr 11, 2013
Sold by
Parks John
Bought by
Lody Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2000
Sold by
Parks Dorothy Trs Parks Family Trust
Bought by
Parks Dorothy W and Parks Exemption Trust
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
Coeler Peter Andrew -- North American Title
Lody Maureen $390,000 Fidelity Sherman Oaks
Parks Dorothy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coeler Peter Andrew $1,267,500
Previous Owner Lody Maureen $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2013 11/26/13 Sold $390,000 -22.0% $191 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $499,994 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,033 $645,982 $451,890 $194,092
2024 $8,033 $633,317 $443,030 $190,287
2023 $7,882 $620,900 $434,344 $186,556
2022 $7,523 $608,727 $425,828 $182,899
2021 $7,426 $596,792 $417,479 $179,313
2019 $7,210 $579,094 $405,098 $173,996
2018 $7,082 $567,740 $397,155 $170,585
2016 $6,761 $545,696 $381,734 $163,962
2015 $4,999 $397,791 $219,295 $178,496
2014 $5,040 $390,000 $215,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2013

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    10 in this area

    352 Total Sales

    Brad Korb
    Section Image

  • T

    Buyer's Agent in 2013

    Timothy Agee

    West Shores Realty, Inc.

    (323) 810-8938

    1 in this area

    4 Total Sales

    Timothy Agee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13000784

California Regional Multiple Listing Service (CRMLS)

APN: 2237-020-019

California Los Angeles County Van Nuys 91401

14233 Victory Blvd, Van Nuys, CA

Not Listed for Sale

MultiFamily

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