NOT LISTED FOR SALE

14531 Vose St van Nuys, CA 91405

32 Beds
2 Baths
17,085 Sq Ft
0.31 Acres

Last Sold August 07, 2014

Last sale price $3,898,000 $228 Per Sq Ft

17 Days on Market

Highlights

  • 13,513 Sq Ft lot
  • Central Heating and Cooling System
  • 35 Car Garage
  • Van Nuys High School Rated A

About This Home

As of August 2014

- 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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 0.31

Parking

  • 35 Car Garage

Interior Spaces

  • 17,085 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 2 Bathrooms

Additional Features

  • 0.31 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 2219-009-026

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 17085
  • Stories: 2
  • Year Built: 2009
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 32
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 233.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 35

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 1818685
  • Assessed Land Value: 1048233
  • Assessor Parcel Number: 2219-009-026
  • Geocode Override: No
  • Lot Size Area: 13513

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.99
  • Number Of Units: 14
  • Rent Control: 0
  • Type Of Units: APT

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

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
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-761643

The MLS

APN: 2219-009-009