NOT LISTED FOR SALE

14539 Hatteras St van Nuys, CA 91411

Estimated Value: $1,148,000 - $1,607,000

4 Beds
4 Baths
2,849 Sq Ft
$469/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $1,160,000 $407 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,207/month

70 Days on Market

About This Home

As of February 2021

This fourplex is located at 14539-41 Hatteras St., Sherman Oaks, CA 91411. This property was built in 1942 and has a good unit mix comprised of a Front House and a Triplex in the back. The front house is a 1-Bedroom/1-Bath + Den with its own front yard, parking area, and laundry room. The triplex in the back has three 1-Bedroom/1-Bath Units, each with front/rear entrance and a shared patio. All of the units in the triplex have remodeled
kitchens & baths. Altogether the buildings' area totals 2,849 ± SF and sits on a large lot of 11,892 ± SF. As well, offering all tenants on-site laundry facilities and ample parking with 4 garage spaces in the back for additional income.
This property is located just west of Van Nuys Boulevard on Hatteras Street, is close to Van Nuys High School, and near different parks & recreational areas for leisure activities. It's also in close proximity to a main street with plenty of stores and restaurants, and is in a densely populated area. The site has very easy access to both the 101 & 405 freeways.

Last Agent to Sell the Property

Reza Ghobadi

Reza Ghobadi License #01780045 Listed on: 09/22/2020

Last Buyer's Agent

Reza Ghobadi

Reza Ghobadi License #01780045 Listed on: 09/22/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 2,849 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 299
  • Tax Tract Number 1000
  • Assessor Parcel Number 2244003005

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $500
  • Fuel Expense $317
  • Gardener Expense $1,427
  • Insurance Expense $1,150
  • Maintenance Expense $3,000
  • Trash Expense $2,904
  • Water Sewer Expense $1,700
  • New Taxes Expense $15,000
  • Operating Expense $25,998
  • Gross Income $83,088
  • Net Operating Income $54,666

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.59
  • Property Attached: Yes
  • Water Sewer Expenses: 1700.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Gardener Expense: 1427.00
  • Parcel Number: 2244003005
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 407.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2904.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11892.00
  • Lot Size Acres: 0.2730

Rental Info

  • Garage Rental Rate: 1080.00

Multi Family

  • Electric Expense: 500.00
  • Fuel Expense: 317.00
  • Gross Income: 83088.00
  • Gross Multiplier: 14.85
  • Gross Scheduled Income: 80808.00
  • Insurance Expense: 1150.00
  • Laundry Income: 1200.00
  • Lot Size Area: 11892.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 54666.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25998.00
  • Other Income Description: $150/M Potential Garages
  • Rent Control: Yes
  • Total Actual Rent: 6580.00
  • Total Expenses: 25998.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 1284.00
  • Tax Lot: 299
  • Tax Tract Number: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Dec 3, 2020
Sold by
Sharon Binder Cristofar Revocable Trust and David Cristofar Revocable Trust
Bought by
Mansour Amir S
Seller's Agent
Reza Ghobadi
Reza Ghobadi
Buyer's Agent
Reza Ghobadi
Reza Ghobadi
List Price
$1,350,000
Sold Price
$1,160,000
Premium/Discount to List
-$190,000
-14.07%
Current Estimated Value
$1,335,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,104
Avg. Annual Appreciation
2.88%
Original Mortgage
$870,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Cristofar Sharon
Bought by
Cristofar Sharon Binder and Cristofar Sharon Binder

Purchase Details

Closed on
Jan 22, 2006
Sold by
Cristofar David
Bought by
Cristofar David and David Cristofar Revocable Trus

Purchase Details

Closed on
Mar 25, 2004
Sold by
Cristofar David and Cristofar Sharon
Bought by
Cristofar David and Cristofar Sharon

Purchase Details

Closed on
Dec 19, 2002
Sold by
Glettner Jeffrey and Glettner Ellen
Bought by
Cristofar David and Cristofar Sharon

Purchase Details

Closed on
May 25, 2001
Sold by
Glettner Jeffrey and Glettner Ellen
Bought by
Glettner Jeffrey and Glettner Ellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Mansour Amir S $1,160,000 Lawyers Title
Cristofar Sharon Binder -- Accommodation
Cristofar David -- Accommodation
Cristofar David -- --
Cristofar David -- Diversified
Cristofar David -- South Coast
Glettner Jeffrey -- --
Glettner Jeffrey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mansour Amir S $870,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $1,160,000 -3.3% $407 / Sq Ft
11/16/2020 11/16/20 Price Changed $1,200,000 -7.7% $421 / Sq Ft
10/14/2020 10/14/20 Price Changed $1,300,000 -3.7% $456 / Sq Ft
09/22/2020 09/22/20 For Sale $1,350,000 -- $474 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,544 $1,255,618 $753,372 $502,246
2024 $15,293 $1,230,999 $738,600 $492,399
2023 $15,000 $1,206,863 $724,118 $482,745
2022 $14,308 $1,183,200 $709,920 $473,280
2021 $6,472 $508,437 $317,777 $190,660
2020 $6,531 $503,225 $314,519 $188,706
2019 $6,286 $493,358 $308,352 $185,006
2018 $6,210 $483,685 $302,306 $181,379
2016 $5,920 $464,905 $290,568 $174,337
2015 $5,838 $457,923 $286,204 $171,719
2014 $5,883 $448,954 $280,598 $168,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20198602

California Regional Multiple Listing Service (CRMLS)

APN: 2244-003-005