NOT LISTED FOR SALE

14244 Erwin St Los Angeles, CA 91401

8 Beds
8 Baths
4,480 Sq Ft
7,499 Sq Ft Lot

Last Sold February 23, 2022

Last sale price $1,350,000 $301 Per Sq Ft

59 Days on Market

About This Home

As of February 2022

Apartment building with 6 units. Located in Van Nuys, near many local restaurants, stores, and schools. The property and the units are in great condition with a parking lot in the back.

Last Agent to Sell the Property

Jonathan Levano

Luxury Collective License #02049087 Listed on: 12/09/2021

Last Buyer's Agent

Raymond A. Rodriguez IV

Keller Williams Realty Calabasas License #01402283

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,499 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Listing and Financial Details

  • Legal Lot and Block 2 / 7
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240020004

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,241
  • Maintenance Expense $480
  • Other Expense $1,080
  • Pest Control $392
  • Trash Expense $4,692
  • Water Sewer Expense $3,120
  • New Taxes Expense $17,487
  • Operating Expense $30,492
  • Gross Income $82,776
  • Net Operating Income $52,284

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 233167
  • Property Attached: No
  • Water Sewer Expenses: 3120.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2240020004
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 301.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 392.16
  • Sewer: Public Sewer
  • Trash Expense: 4692.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7499.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 82776.00
  • Gross Scheduled Income: 82776.00
  • Insurance Expense: 3241.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 7499.0000 Square Feet
  • Maintenance Expense: 480.00
  • Net Operating Income: 52284.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 30492.00
  • Other Expense: 1080.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Expenses: 30492.00

Tax Info

  • New Taxes Expense: 17487.00
  • Tax Block: 7
  • Tax Census Tract: 1282.10
  • Tax Lot: 2
  • Tax Tract Number: 1200

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $1,350,000 -3.5% $301 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $1,399,000 -- $312 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21262329

California Regional Multiple Listing Service (CRMLS)