NOT LISTED FOR SALE
32 Beds
2 Baths
17,085 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: August 7, 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

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

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

  • 13,513 Sq Ft 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

0.31 Acres

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in van Nuys, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- North American Title Co Inc
Active Way Inc $3,898,000 North American Title Co Inc
Alpha Lp -- North American Title Co Inc
Alpha Lp $2,735,000 Fidelity Van Nuys
14531 Vose Llc -- None Available
Dardashti Dan $280,000 First Southwestern Title Co
Howard & Mills Inc $154,500 First Southwestern Title Co
Howard & Mills Inc $167,000 First Southwestern Title Co
California Plaza Building Llc -- --
Foxwood Plaza Llc -- --
Foxwood Plaza Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,045,000
Closed Active Way Inc $3,100,000
Closed Active Way Inc $2,900,000
Closed Beta Lp $2,230,000
Previous Owner Alpha Lp $2,287,500
Previous Owner Alpha Lp $2,025,000
Previous Owner Lani Development Llc $4,190,000
Previous Owner Dardashti Dan $58,000
Previous Owner Dardashti Dan $224,800
Previous Owner Howard & Mills Inc $194,183
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $58,423 $4,778,499 $2,696,949 $2,081,550
2025 $58,423 $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

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-761643

The MLS

APN: 2219-009-009

Your Personal Tour Guide

Ask me questions while you tour the home.