NOT LISTED FOR SALE

14242 Calvert St van Nuys, CA 91401

Estimated Value: $1,393,000 - $1,752,551

8 Beds
4 Baths
3,259 Sq Ft
$481/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $1,465,000 $450 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,862/month

87 Days on Market

Highlights

  • Wood Flooring
  • Van Nuys High School Rated A
  • No HOA

About This Home

As of June 2021

Fantastic Investment Opportunity! Prime location. Building maintained in excellent condition. 4 unit complex, all units are 2 bedroom, 1 1/2 bathroom townhouse style. The property offers remote control security gate, on site laundry, two parking spaces for each unit, Central AC and heat, and tankless water heaters. Good tenant mix, and great income, with potential for increase. All tenants are on month to month leases. Low maintenance costs, all units individually metered. *** Please do not disturb tenants ***

Last Agent to Sell the Property

Edwin Niazi

Regal Realty and Property Mana License #01306133 Listed on: 03/05/2021

Last Buyer's Agent

Ohanes 'Hovig' Dimejian CCIM

Berkshire Hathaway Home Services Golden Properties License #00945543

Berkshire Hathaway Home Services Golden Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,404

Year Built

  • Built in 1989

Lot Details

  • 6,200 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,259 Sq Ft Home
  • Property Attached

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Leased Washer and Dryer

Listing and Financial Details

  • Assessor Parcel Number 2240024020

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,404

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2240024020
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Laminate, Wood
  • Levels: Two
  • Price Per Square Foot: 449.52

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6200.00
  • Lot Size Acres: 0.1423

Multi Family

  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 6200.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 2, 2017
Sold by
Balzan Llc
Bought by
Avetian Tadeh and Bakmajian Stella Rose
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
David Harrington
Matthews Real Estate Investment Services
List Price
$1,329,000
Sold Price
$1,292,500
Premium/Discount to List
-$36,500
-2.75%
Current Estimated Value
$1,567,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,888
Avg. Annual Appreciation
2.43%
Original Mortgage
$969,375
Outstanding Balance
$807,751
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$759,637

Purchase Details

Listed on
Jan 25, 2016
Closed on
Feb 11, 2016
Sold by
Calvert Holdings Llc
Bought by
Balzan Llc
Seller's Agent
Tia Hughes
Coldwell Banker Realty
Buyer's Agent
Michael Gelfond
Bedford Properties
List Price
$1,075,000
Sold Price
$1,120,000
Premium/Discount to List
$45,000
4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$560,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2015
Sold by
Kerendian Shawn S
Bought by
Calvert Holdings Llc

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 19, 2014
Sold by
Kerendian Shawn S
Bought by
Kerendian Shawn S and Kerendian Biana
Seller's Agent
Jon Cohen
RE/MAX One
List Price
$694,900
Sold Price
$690,000
Premium/Discount to List
-$4,900
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$517,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2014
Closed on
Nov 24, 2014
Sold by
Fannie Mae
Bought by
Kerendian Shawn S and Kerendian Biana
Seller's Agent
Jon Cohen
RE/MAX One
List Price
$694,900
Sold Price
$690,000
Premium/Discount to List
-$4,900
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Miles Joy Omoderi Amagboruju
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2001
Sold by
Kaptryan Andranik
Bought by
Miles Joy Omoderi Amagboruju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,055
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2000
Sold by
Standard Federal Bank
Bought by
Kaptryan Andranik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,701
Interest Rate
8.57%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Parker Christopher J
Bought by
Standard Federal Bank

Purchase Details

Closed on
Feb 26, 1999
Sold by
Shah Zarah
Bought by
Parker Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,343
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1997
Sold by
Federal National Mortgage Association
Bought by
Shah Zara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,902
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1997
Sold by
Shokrai Abbas
Bought by
Federal National Mortgage Association
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
Avetian Tadeh $1,292,500 North American Title Company
Balzan Llc $1,120,000 Progressive Title
Calvert Holdings Llc -- None Available
Kerendian Shawn S -- None Available
Kerendian Shawn S $690,000 First American Title
Federal National Mortgage Association $708,169 Landsafe Title
Miles Joy Omoderi Amagboruju $355,000 First American Title Ins Co
Kaptryan Andranik $309,000 Commonwealth Land Title Co
Standard Federal Bank $354,521 Fidelity National Title
Parker Christopher J $325,000 Orange Coast Title
Shah Zara $180,000 Progressive Title Company
Federal National Mortgage Association $155,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avetian Tadeh $969,375
Previous Owner Balzan Llc $560,000
Previous Owner Kerendian Shawn S $517,500
Previous Owner Miles Joy Omoderi Amagboruju $350,055
Previous Owner Kaptryan Andranik $277,701
Previous Owner Parker Christopher J $322,343
Previous Owner Shah Zara $174,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $1,465,000 -2.3% $450 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,499,000 +16.0% $460 / Sq Ft
10/17/2017 10/17/17 Sold $1,292,500 -2.7% $397 / Sq Ft View Prior Sale
08/11/2017 08/11/17 For Sale $1,329,000 +18.7% $408 / Sq Ft
03/31/2016 03/31/16 Sold $1,120,000 +4.2% $344 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $1,075,000 +55.8% $330 / Sq Ft
12/17/2014 12/17/14 Sold $690,000 -0.7% $212 / Sq Ft View Prior Sale
11/19/2014 11/19/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $694,900 -- $213 / 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 $19,404 $1,585,761 $634,304 $951,457
2024 $19,182 $1,554,668 $621,867 $932,801
2023 $18,812 $1,524,185 $609,674 $914,511
2022 $17,940 $1,494,300 $597,720 $896,580
2021 $16,466 $1,358,646 $815,188 $543,458
2020 $16,632 $1,344,716 $806,830 $537,886
2019 $15,975 $1,318,350 $791,010 $527,340
2018 $15,814 $1,292,500 $775,500 $517,000
2016 $8,652 $700,522 $280,209 $420,313
2015 $8,528 $690,000 $276,000 $414,000
2014 -- $402,820 $180,817 $222,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005210

California Regional Multiple Listing Service (CRMLS)

APN: 2240-024-020