NOT LISTED FOR SALE
3 Beds
3 Baths
14,204 Sq Ft
0.31 Acres

Last Sold April 14, 2021

Last sale price $5,195,000 $366 Per Sq Ft

96 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Central Heating and Cooling System
  • Van Nuys High School Rated A

About This Home

As of April 2021

We are pleased to present a Non-Rent Controlled 16 Unit apartment building in the Heart of Van Nuys. Walking distance to Starbucks, YMCA, Charter School, Jons Marketplace, 99 Cent Store, National Fast Food Chains, Banks, Restaurants, and more. Property features Central HVAC, 30 Subterranean Parking Spaces, Private Balconies, over 20% Upside in Rents, and a great mix of fourteen (14) 2 Bed + 2 Bath, and two (2) 1 Bed + 1 Bath.

Last Agent to Sell the Property

David Nalbandyan

LA Premier Realty License #01869296 Listed on: 11/24/2020

Last Buyer's Agent

Michael Shokrian

Michael Isaac Shokrian License #01403171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 30 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 14,204 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2873
  • Assessor Parcel Number 2219026064

Community Details

Overview

  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $383,052
  • Net Operating Income $261,701

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

30

Listing Details

  • Other Phone Description: David
  • Other Phone Number: 818-424-6437
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2219026064
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 365.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 30.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 30.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Walkstreet
  • Lot Size Sq Ft: 13388.00
  • Lot Size Acres: 0.3073

Multi Family

  • Gross Income: 383052.00
  • Gross Scheduled Income: 383052.00
  • Lot Size Area: 13388.0000 Square Feet
  • Net Operating Income: 261701.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 117599.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1278.03
  • Tax Lot: 1
  • Tax Tract Number: 2873

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 Change Sq Ft Price
04/14/2021 04/14/21 Sold $5,195,000 0.0% $366 / Sq Ft
11/24/2020 11/24/20 For Sale $5,195,000 -- $366 / 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: BB20246146

California Regional Multiple Listing Service (CRMLS)