NOT LISTED FOR SALE

14647 Erwin St van Nuys, CA 91411

Estimated Value: $1,144,159 - $1,365,000

5 Beds
4 Baths
2,409 Sq Ft
$520/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $650,000 $270 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,376/month

76 Days on Market

Highlights

  • Air Conditioning
  • Floor Furnace
  • 1-Story Property
  • Van Nuys High School Rated A

About This Home

As of March 2016

Rosano Partners is pleased to present the opportunity to acquire a 4 unit apartment building well located in Van Nuys. Upside in rents, all units individually metered. Laundry room in premises is not currently in service, a new owner can operate for additional income. R3 large lot presents the opportunity for redevelopment. Property is sold as-is.

Last Agent to Sell the Property

Sagiv Rosano

Rosano Partners License #01380809 Listed on: 11/10/2015

Last Buyer's Agent

Paul Atuf

License #01192587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,595

Year Built

  • Built in 1948

Lot Details

  • 7,005 Sq Ft Lot

Interior Spaces

  • 2,409 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking

Utilities

  • Air Conditioning
  • Floor Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2241-011-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,595

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2409
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 280.20

Exterior Features

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

Garage/Parking

  • Parking Garage: Private
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 144
  • Assessed Land Value: 267619
  • Assessor Parcel Number: 2241-011-017
  • Geocode Override: No
  • Lot Size Area: 7005

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.29
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 13464
  • Type Of Units: Apartments
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Rivas Lilian V
Bought by
Lilian Rivas Family Trust and Rivas
Current Estimated Value
$1,253,790

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jan 26, 2016
Sold by
N D J Llc
Bought by
Rivas Lillian
Seller's Agent
Sagiv Rosano
Rosano Partners
Buyer's Agent
Paul Atuf
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$455,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 1996
Sold by
Winters Marc
Bought by
N D J Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lilian Rivas Family Trust -- None Listed On Document
Rivas Lillian $650,000 Fatcola
N D J Llc -- --
Winters Marc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivas Lillian $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2016 03/07/16 Sold $650,000 -3.7% $270 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $675,000 -- $280 / 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 $9,595 $769,462 $461,679 $307,783
2024 $9,595 $754,376 $452,627 $301,749
2023 $9,415 $739,585 $443,752 $295,833
2022 $8,989 $725,084 $435,051 $290,033
2021 $8,874 $710,868 $426,521 $284,347
2019 $8,616 $689,785 $413,871 $275,914
2018 $8,462 $676,260 $405,756 $270,504
2016 $3,469 $271,846 $271,700 $146
2015 $3,420 $267,763 $267,619 $144
2014 $3,459 $262,519 $262,377 $142
Source: Public Records

Agents Affiliated with this Home

  • Sagiv Rosano

    Seller's Agent in 2016

    Sagiv Rosano

    Rosano Partners

    (213) 802-0262

    8 Total Sales

    Sagiv Rosano
    Section Image

  • P

    Buyer's Agent in 2016

    Paul Atuf

  • G

    Buyer's Agent in 2016

    Guillermo Gutierrez

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Map

Source: The MLS

MLS Number: 15-958103

The MLS

APN: 2241-011-017

California Los Angeles County Van Nuys 91411

14647 Erwin St, Van Nuys, CA

This home is located at 14647 Erwin St, van Nuys, CA 91411 since 10 November 2015 and is currently estimated at $1,253,790, approximately $520 per square foot. This property was built in 1948. 14647 Erwin St is a home located in Los Angeles County with nearby schools including Sylvan Park Elementary, Van Nuys High School, and Ararat Charter School.

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