D
Seller's Agent in 2014
David Harrington
Matthews Real Estate Investment Services
- 14 Luxury Townhome Units Built in 2009- All Units are Two- and Three-Bedroom, Two-Level, Townhome-Style- Originally Constructed as Individual "For Sale" Units Tentative Tract Map 061564 - Hardwood Floors, Granite Countertops, Travertine Tile, Central Heat & A/C, High Ceilings - Washer and Dryer in Each Unit Provides Convenience and Commands a Higher Rent- 35 Gated, On-Grade Parking Spaces- New Stacked Stone on the Building, New Exterior Paint and New Stucco Window Trim- New Stacked Stone Fence Built in 2014- Two-Bedroom Units Average 1,106 Square Feet & Three-Bedroom Units Average 1,220 Square Feet- Tremendous Rental Upside Potential of Approximately 17%- Comparable Rental Units in Van Nuys: Two-Bedroom Units Range from $1,795 to $1,990 Comparable Rental Units in Van Nuys: Three-Bedroom Units Average $2,200- No Rent Control Eased Ability to Capture the Income Potential of this Asset- Future Exit Strategy of Recording the Tract Map and Selling Each Unit Individ
Last Agent to Sell the Property
David Harrington
Matthews Real Estate Investment Services License #01320460 Listed on: 05/15/2014
Last Buyer's Agent
Grady Liu
License #01290494
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2014 08/07/14 | Sold | $3,898,000 | -2.4% | $228 / Sq Ft |
| 06/01/2014 06/01/14 | Pending | -- | -- | -- |
| 05/15/2014 05/15/14 | For Sale | $3,995,000 | -- | $234 / Sq Ft |
| 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 | $57,660 | $4,684,804 | $2,644,068 | $2,040,736 |
| 2024 | $57,660 | $4,592,946 | $2,592,224 | $2,000,722 |
| 2023 | $56,554 | $4,502,890 | $2,541,397 | $1,961,493 |
| 2022 | $53,952 | $4,414,599 | $2,491,566 | $1,923,033 |
| 2021 | $53,221 | $4,328,039 | $2,442,712 | $1,885,327 |
| 2019 | $51,287 | $4,199,668 | $2,370,260 | $1,829,408 |
| 2018 | $50,955 | $4,117,323 | $2,323,785 | $1,793,538 |
| 2016 | $48,604 | $3,957,444 | $2,233,550 | $1,723,894 |
| 2015 | $47,899 | $3,898,000 | $2,200,000 | $1,698,000 |
| 2014 | -- | $2,879,932 | $1,052,991 | $1,826,941 |
D
Seller's Agent in 2014
David Harrington
Matthews Real Estate Investment Services
G
Buyer's Agent in 2014
Grady Liu
Source: The MLS
MLS Number: 14-761643
APN: 2219-009-009