$1,290,000
SOLD OCT 10, 2024 RENTED JAN 28, 2025
4 Beds
4 Baths
2,441 Sq Ft
7,238 Sq Ft Lot

Recently Sold

$528 Per Sq Ft

14% Below List Price

107 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Tile Countertops
  • Chandler Elementary Rated A-
  • Bar
  • Recessed Lighting

About This Home

As of October 2024

Explore this stunning triplex nestled in Van Nuys, boasting 4 bedrooms, 4 baths, and a generous 2,541 SqFt of living space. Each unit offers its own distinct charm, featuring a family room, laundry facilities, and a bedroom. The first unit welcomes you with a spacious, well-lit kitchen adorned with white tile counters and backsplashes, accompanied by ample storage. Its expansive family room exudes warmth with its wooden floors, complemented by a full bath equipped with a three-panel mirror and additional storage. Moving on to the second unit, you'll discover a sleek kitchen boasting black laminated granite countertops and a white tile backsplash, offering plenty of storage solutions. The kitchen bar seamlessly connects to the spacious family room, transitioning from tiled flooring to elegant wooden panels. The unit's polished ¾ bathroom features a stylish grey tile backsplash, while the bedroom offers comfort and brightness, complete with a ceiling fan. The final unit boasts an open floor plan, where a spacious family room seamlessly blends with a stylish kitchen, adorned with decorative walls and ample storage. Its bathroom boasts dual sinks, illuminated by LED mirrors, and offers the luxury of a separate bath and shower. The generously sized bedroom radiates brightness, while an additional room has been transformed into a functional workspace, conveniently housing the laundry within the building. Don't let this exceptional investment opportunity pass you by. Schedule your viewing today and seize the chance to own this remarkable property.

Last Agent to Sell the Property

Haik Bokhchalian

JohnHart Real Estate Brokerage Phone: 818-400-1868 License #01325511 Listed on: 05/28/2024

JohnHart Real Estate

Co-Listed By

Lily Galadzhyan

JohnHart Real Estate Brokerage Phone: 818-400-1868 License #01244046

Last Buyer's Agent

Christina Malyan

JohnHart Real Estate License #02163645

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,135

Year Built

  • Built in 1950

Lot Details

  • 7,238 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,441 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room
  • Storage
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 12842
  • Assessor Parcel Number 2245010001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Gardener Expense $1,800
  • Insurance Expense $2,500
  • Operating Expense $7,900
  • Gross Income $106,800
  • Net Operating Income $98,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,135

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 466333
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 2245010001
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Bar, Ceiling Fan(s), Laminate Counters, Recessed Lighting, Storage, Tile Counters
  • Stories: 1
  • Entry Location: Front of house
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 528.47
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7238.00
  • Lot Size Acres: 0.1662

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 106800.00
  • Gross Scheduled Income: 106800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7238.0000 Square Feet
  • Net Operating Income: 98800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7900.00
  • Rent Control: Yes
  • Total Expenses: 7900.00

Tax Info

  • Tax Census Tract: 1285.00
  • Tax Lot: 103
  • Tax Tract Number: 12842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 22, 2025
Sold by
Malyan Christina and Ambarchyan Valentina
Bought by
Martha Residences Llc
Seller's Agent
Christina Malyan
JohnHart Real Estate
Buyer's Agent
Rebecca Sullivan
JohnHart Real Estate
Sold Price
$2,700
Views
28
Current Estimated Value
$1,258,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255,563

Purchase Details

Listed on
May 28, 2024
Closed on
Oct 8, 2024
Sold by
Sanatgar Edvin
Bought by
Ambarchyan Valentina
Seller's Agent
Haik Bokhchalian
JohnHart Real Estate
Buyer's Agent
Christina Malyan
JohnHart Real Estate
List Price
$1,500,000
Sold Price
$1,290,000
Premium/Discount to List
-$210,000
-14%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.74%
Original Mortgage
$967,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2024
Closed on
Sep 20, 2024
Sold by
Majarian Joe
Bought by
Malyan Christina and Ambarchyan Valentina
Seller's Agent
Haik Bokhchalian
JohnHart Real Estate
Buyer's Agent
Christina Malyan
JohnHart Real Estate
List Price
$1,500,000
Sold Price
$1,290,000
Premium/Discount to List
-$210,000
-14%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2006
Sold by
Majarian Boghos and Majarian Serpouhie
Bought by
Majarian Joe

Purchase Details

Closed on
Nov 1, 2006
Sold by
Majarian Boghos and Majarian Serpouhie
Bought by
Majarian Joe

Purchase Details

Closed on
Jun 10, 2003
Sold by
Sayan Joseph H and Sayan Nevart
Bought by
Majarian Boghos and Majarian Serpouhi

Purchase Details

Closed on
Feb 16, 1998
Sold by
Sayan Joseph and Sayan Nevart
Bought by
Sayan Joseph

Purchase Details

Closed on
Aug 20, 1994
Sold by
Majarian Boghos and Majarjan Serpouhie
Bought by
Majarian Boghos
Source: Public Records

Similar Homes in the area

  • 5209 Sylmar Ave, Sherman Oaks, CA 91401

    $999,000

    • 3 Beds
    • 2 Baths
    • 1,725 Sq Ft
    • 5209 Sylmar Ave
    • Sherman Oaks, CA

    TWO DETACHED UNITS! Unique Opportunity in prime Sherman Oaks location! Property consists of a completely rebuilt 975 SQFT 2 bed / 1 bath primary house PLUS a detached TWO STORY approx. 750 SQFT permitted garage conversion ideal for easy ADU upgrade. Garage consists of a rec room with 3/4 bath and kitchenette on the ground floor and a HUGE second level with balcony, two large skylights and sink /

    Aaron Samson Coldwell Banker Realty

    Section Image
  • 14642 Vanowen St, Van Nuys, CA 91405

    $1,275,000

    • 1 Bed
    • 1 Bath
    • 4,032 Sq Ft
    • 14642 Vanowen St
    • Van Nuys, CA

    This property consists of 6 units located on two parcels. All units are one-bedroom, one-bathroom cottage/apartments featuring a small dining area. The cottages include attached one-car garages and hookups for washers and dryers. There is a potential for over a 40% increase in rental income, making these units highly desirable due to their style and location. The property requires low maintenance

    Kifah Azzuz MB Real Estate

    Section Image
  • 14151 Moorpark St, Sherman Oaks, CA 91423

    $1,550,000

    • 3 Beds
    • 2 Baths
    • 3,240 Sq Ft
    • 14151 Moorpark St
    • Sherman Oaks, CA

    14151 Moorpark Street presents a rare opportunity to acquire a well-maintained fourplex in the heart of Sherman Oaks—one of the most desirable and stable rental submarkets in the San Fernando Valley. Built in 1956, the property is situated on a quiet, tree-lined street just a short walk from the vibrant retail and dining scene along Ventura Boulevard.The unit mix consists of two spacious

    Reza Ghobadi Reza Ghobadi

    Section Image
  • 14541 Hart St, van Nuys, CA 91405

    $1,125,000

    • 3 Beds
    • 1,950 Sq Ft
    • 14541 Hart St
    • van Nuys, CA

    Fabulous Detached Multi-Residential Duplex in Van Nuys with LAR3 Zoning, Is An Investors Dream to Building More Units (buyer to verify). Front Unit Is Set Back From The Street And Offers Convenient Front Parking x4 spaces. Boasting 2 Bdr, 2 bath ,semi-recently Remodeled with newer laminate Floors, Kitchen With Granite Counters And Lots of Cabinets, 2nd half bath added. Central HVAC. Detached Back

    Brian Dombroski Dombroski Realty

    Section Image
  • 7224 Hazeltine Ave, Los Angeles, CA 91405

    $1,235,000

    • 3 Beds
    • 2 Baths
    • 4,730 Sq Ft
    • 7224 Hazeltine Ave
    • Los Angeles, CA

    Located in a high-demand rental market, 7224 Hazeltine Ave presents an exceptional opportunity for investors seeking a well-maintained multifamily property with strong income potential. This six-unit building features a desirable unit mix of two 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, appealing to a broad tenant base. With on-site parking and storage, residents enjoy added

    James Antonucci Keller Williams Realty-Studio City

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- All California Title
Grant Deed -- All California Title
Grant Deed $1,290,000 All California Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $967,500 New Conventional
Previous Owner $350,000 Unknown
Previous Owner $110,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Rented $2,700 0.0% --
01/14/2025 01/14/25 Price Changed $2,700 -3.6% $4 / Sq Ft
12/05/2024 12/05/24 For Rent $2,800 0.0% --
10/10/2024 10/10/24 Sold $1,290,000 -7.8% $528 / Sq Ft
08/29/2024 08/29/24 Price Changed $1,399,000 -3.5% $573 / Sq Ft
06/25/2024 06/25/24 Price Changed $1,450,000 -3.3% $594 / Sq Ft
05/28/2024 05/28/24 For Sale $1,500,000 -- $615 / 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 $6,135 $1,290,000 $774,000 $516,000
2024 $6,135 $474,907 $243,355 $231,552
2023 $6,022 $465,596 $238,584 $227,012
2022 $5,751 $456,467 $233,906 $222,561
2021 $5,671 $447,518 $229,320 $218,198
2019 $5,508 $434,246 $222,519 $211,727
2018 $5,386 $425,732 $218,156 $207,576
2016 $5,131 $409,202 $209,686 $199,516
2015 $5,058 $403,057 $206,537 $196,520
2014 $5,093 $395,163 $202,492 $192,671
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24106056

California Regional Multiple Listing Service (CRMLS)

APN: 2245-010-001