NOT LISTED FOR SALE

14239 Delano St van Nuys, CA 91401

Estimated Value: $1,122,000 - $1,329,841

6 Beds
5 Baths
2,513 Sq Ft
$475/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $855,000 $340 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,145/month

75 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • Double Pane Windows
  • Van Nuys High School Rated A
  • No HOA
  • Shed

About This Home

As of July 2017

Fantastic opportunity to purchase a remodeled fourplex with wonderful tenants in the heart of the San Fernando Valley. Property is fully-occupied. Rents are actual. Tenants pay all utilities except water. Two separate structures make up 4 units: Unit #1 is a 2+2. Unit #2 is a 1+1. Unit #3 is 2+1. Unit #4 is 1+1. Property is zoned R3, so there is great potential for development as well. Please Do Not Disturb Tenants.

Last Agent to Sell the Property

Suzanna Estepanian

No Firm Affiliation License #01947895 Listed on: 03/27/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,575

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 7,507 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Density is 2-5 Units/Acre

Home Design

  • Traditional Architecture
  • Quadruplex
  • Combination Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,513 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 22 / 7
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240020020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $600
  • Water Sewer Expense $2,400
  • Operating Expense $14,775
  • Gross Income $59,916
  • Net Operating Income $38,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,575

Year Built

Built in 1938 | Remodeled

Lot Details

7,507 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2400.00
  • Zoning: R3-1
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2240020020
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 340.23
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Combination, Slab
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Paved
  • Lot Size Sq Ft: 7507.00

Multi Family

  • Gross Income: 59916.00
  • Gross Scheduled Income: 52956.00
  • Insurance Expense: 600.00
  • Net Operating Income: 38181.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14775.00
  • Other Income1: 580.00
  • Other Income Description: Non conforming garage income
  • Rent Control: Yes
  • Total Actual Rent: 4413.00
  • Total Expenses: 14775.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 1282.10
  • Tax Lot: 22
  • Tax Tract Number: 1200
  • Tax Annual Amount: 10575.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 16, 2017
Sold by
Barseghian Edmond
Bought by
Arka Enterprises Llc
Seller's Agent
Suzanna Estepanian
No Firm Affiliation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$879,000
Sold Price
$855,000
Premium/Discount to List
-$24,000
-2.73%
Current Estimated Value
$1,194,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,210
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 2, 2015
Sold by
Bertoni Eduardo Viera and Grimberg Susana
Bought by
Barseghian Edmond
Seller's Agent
Gustavo Ohannessian
Guillermo Brunstein
Buyer's Agent
Harmik Poghossian
Prime Realty
List Price
$775,000
Sold Price
$705,000
Premium/Discount to List
-$70,000
-9.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$564,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Hvh Inc
Bought by
Bertoni Eduardo Viera and Grimberg Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,080
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Aguirre Gladis
Bought by
Hvh Inc

Purchase Details

Closed on
Jun 13, 2005
Sold by
Villagomez Juana
Bought by
Aguirre Gladis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Arka Enterprises Llc $855,000 Lawyers Title
Barseghian Edmond $705,000 Pacific Coast Title
Bertoni Eduardo Viera $295,000 Calcounties Title Nation
Hvh Inc -- None Available
Aguirre Gladis $554,545 Diversified Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barseghian Edmond $564,000
Previous Owner Bertoni Eduardo Viera $291,080
Previous Owner Aguirre Gladis $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2017 07/17/17 Sold $855,000 -2.7% $340 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $879,000 +24.7% $350 / Sq Ft
09/09/2015 09/09/15 Sold $705,000 -9.0% $281 / Sq Ft View Prior Sale
07/22/2015 07/22/15 For Sale $775,000 -- $308 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
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 $11,921 $972,841 $682,696 $290,145
2024 $11,921 $953,766 $669,310 $284,456
2023 $11,694 $935,066 $656,187 $278,879
2022 $11,157 $916,732 $643,321 $273,411
2021 $11,015 $898,757 $630,707 $268,050
2019 $10,690 $872,340 $612,000 $260,340
2018 $10,564 $855,240 $600,000 $255,240
2016 $8,699 $705,000 $405,000 $300,000
2015 $5,834 $464,525 $207,870 $256,655
2014 $5,877 $455,427 $203,799 $251,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17061401

California Regional Multiple Listing Service (CRMLS)

APN: 2240-020-020

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