NOT LISTED FOR SALE

Estimated Value: $1,112,000 - $3,628,478

12 Beds
12 Baths
5,000 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $2,400,000 $480 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,481/month

34 Days on Market

Highlights

  • New Construction
  • Stone Countertops
  • Double Pane Windows
  • Chandler Elementary Rated A-
  • 8 Car Attached Garage
  • Tandem Parking

About This Home

As of October 2019

TIARA QUAD is a new ground-up under-construction 4-unit apartment with an anticipated end of August completion. The property consists of a front and rear tri-level duplex. Units are not subject to rent control. Each unit features 3 large bedrooms and 3 bathrooms, open concept kitchen with quartz counter-tops and custom cabinetry, stainless steel appliances, Julienne balconies, highly durable 20 year luxury vinyl flooring, LED recessed lighting, dual glaze low-e windows, central air, tankless water heaters, in-unit washer and dryer hook-ups, large 2-car tandem private garage with EV ready receptacle, fire sprinklers, rain water run-off planters and barrels and all units are separately metered. This is a fantastic investment property with very easy to rent and sought after floor plan with minimal maintenance costs in very desirable North Sherman Oaks. A perfect up-leg property for your 1031 exchange. This will definitely be a long-term asset in your investment portfolio.

Last Agent to Sell the Property

Peter Chang

Peter Chang License #01904250 Listed on: 07/16/2019

Last Buyer's Agent

tony azzi

Tony Azzi License #00910513

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,475

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,907 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 8 Car Attached Garage
  • Tandem Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Storage
  • Vinyl Flooring

Kitchen

  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2245-002-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,475

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income, Residential Income
  • Levels: Three Or More, Three Or More
  • Street Number Display: Yes, Yes, Yes
  • Living Area: 5000, 5000
  • Property Condition: New Construction, New Construction
  • Stories: 3, 3, 3
  • Year Built: 2019, 2019, 2019
  • Number Of Photos: 16, 16
  • State Abbrv: CA, CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting, Storage Space, Tandem, Recessed Lighting, Storage Space, Tandem
  • Flooring: Vinyl, Vinyl
  • Bedrooms: 12, 12
  • Bathroom Features: Fiberglass Shower Enclosure, Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Fiberglass Shower Enclosure, Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub
  • Dining Room: 0, 0
  • Family Room: 0, 0
  • Kitchen Features: Stone Counters, Stone Counters
  • Laundry: Garage, Garage
  • Total Bathrooms: 12.00, 12.00
  • Den: 0, 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 499.00, 499.00
  • Windows: Double Pane Windows, Double Pane Windows, Double Pane Windows

Exterior Features

  • Other Structures: None, None
  • Tennis Court Y/N: No, No, No
  • Foundation Details: Slab, Slab
  • Construction: New, New
  • Construction: Frame and Stucco, Frame and Stucco
  • Pool: No, No

Garage/Parking

  • Garage Spaces: 8, 8
  • Covered Parking: 8, 8
  • Parking Garage: Garage - 4+ Car, Garage Is Attached, Tandem, Garage - 4+ Car, Garage Is Attached, Tandem
  • Total Parking: 8, 8, 8

Utilities

  • Water Heater: Tankless, Tankless, Tankless
  • Cooling: Central, Central
  • Heating: Central, Central

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 2245-002-020, 2245-002-020
  • Geocode Override: No, No
  • Lot Size Area: 6907, 6907

Multi Family

  • Unit Type: 2106, 2107, 2106, 2107, 2106, 2107
  • Gross Rent Multiplier: 14.85, 14.85
  • Number Of Units: 4, 4
  • Rent Control: 0, 0
  • Total Annual Expense: 33600, 33600, 33600
  • Type Of Units: APARTMENT, APARTMENT, APARTMENT
  • Vacancy Rate: 3%, 3%, 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2025
Sold by
Gilbert Bernardy Revocable Trust and Bernardy Gilbert
Bought by
Katco Properties Llc
Current Estimated Value
$2,378,370

Purchase Details

Closed on
Oct 21, 2021
Sold by
Bernardy Gilbert
Bought by
Bernardy Gilbert and The Gilbert Bernardy Revocable

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 12, 2019
Sold by
Tiara Street Investors 14427 Llc
Bought by
Bernardy Gilbert Joseph
Seller's Agent
Peter Chang
Peter Chang
Buyer's Agent
tony azzi
Tony Azzi
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Cachest Investments Llc
Bought by
Tiara Street Investors 14427 Llc

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 22, 2018
Sold by
Suhi Keith R
Bought by
Cachet Investments Llc
Seller's Agent
James Magouirk
RE/MAX One
Buyer's Agent
James Magouirk
RE/MAX One
List Price
$600,000
Sold Price
$665,000
Premium/Discount to List
$65,000
10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.55%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Federal National Mortgage Association
Bought by
Suhl Keith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1999
Sold by
Bowen Mims
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Katco Properties Llc -- None Listed On Document
Bernardy Gilbert -- None Available
Bernardy Gilbert Joseph $2,400,000 Chicago Title Company
Tiara Street Investors 14427 Llc -- Chicago Title Company
Cachet Investments Llc $665,000 Fidelity National Title Co
Suhl Keith R $120,000 --
Federal National Mortgage Association $116,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suhl Keith R $176,000
Previous Owner Suhl Keith R $200,000
Previous Owner Suhl Keith R $140,000
Previous Owner Suhl Keith R $100,000
Previous Owner Suhl Keith R $105,000
Previous Owner Suhl Keith R $10,000
Previous Owner Suhl Keith R $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $2,400,000 -3.8% $480 / Sq Ft
07/16/2019 07/16/19 For Sale $2,495,000 +275.2% $499 / Sq Ft
07/17/2018 07/17/18 Sold $665,000 +10.8% $825 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $600,000 -- $744 / Sq Ft
Source: The MLS

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 $31,475 $2,624,746 $1,443,611 $1,181,135
2024 $31,475 $2,573,281 $1,415,305 $1,157,976
2023 $30,862 $2,522,825 $1,387,554 $1,135,271
2022 $29,421 $2,473,359 $1,360,348 $1,113,011
2021 $29,051 $2,424,863 $1,333,675 $1,091,188
2019 $8,017 $665,000 $532,000 $133,000
2018 $2,032 $165,318 $99,193 $66,125
2016 $1,933 $158,901 $95,343 $63,558
2015 $1,905 $156,515 $93,911 $62,604
2014 $1,919 $153,450 $92,072 $61,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-489766

The MLS

APN: 2245-002-020