Seller's Agent in 2021
Jason Tuvia
Marcus & Millichap
(818) 212-2700
4 in this area
109 Total Sales
14711 Saticoy St van Nuys, CA 91405
Estimated Value: $4,831,876
28
Beds
19
Baths
10,357
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- New Construction
- 0.34 Acre Lot
- Modern Architecture
- Automatic Gate
- Wood Flooring
- Balcony
About This Home
As of November 2021We are pleased to present a fully stabilized nine (9) unit apartment building located at 14711 Saticoy Street in Los Angeles, California. Recently completed in 2020, this fully stabilized offering is not subject to rent control and contains a great unit mix of eight (8) three-bedroom/two-bathroom units and one (1) four-bedroom/three-bathroom home. These units are spacious and bright with wide open floorplans, private balconies, and plenty of windows letting in natural light. All units are brand new with high-end fixtures and finishes. Each unit comes fully equipped with in-unit laundry, digital air conditioning, and all modern stainless-steel appliances including refrigerators, microwaves, garbage disposals, dishwashers, and gas range stoves. The property is very low maintenance with tenants paying for all of the utilities. All of the units are split between five (5) detached buildings totaling 10,357 SF on a large 14,840 SF double lot. This lot is secure with gated entry access. The well-maintained property features plenty of open space throughout and greenery in the quaint front yard. There are onsite storage areas available to the tenants as well as ample onsite parking. The property includes eighteen (18) total parking spaces consisting of six (6) garage spaces and twelve (12) additional uncovered parking.
Last Agent to Sell the Property
Marcus & Millichap License #01772495 Listed on: 06/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2020 | New Construction
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x148
- South Facing Home
- Gated Home
- Landscaped
Parking
- 6 Car Attached Garage
- 12 Open Parking Spaces
- Parking Storage or Cabinetry
- Automatic Gate
- Guest Parking
Home Design
- Modern Architecture
- Entry on the 1st floor
Interior Spaces
- 10,357 Sq Ft Home
- 2-Story Property
- Built-In Features
- Sliding Doors
- Storage
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 28 Bedrooms
- 19 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Additional Features
- Balcony
- Central Heating and Cooling System
Community Details
- 5 Buildings
- 9 Units
Listing and Financial Details
- Tenant pays for gas, electricity, trash collection, water, hot water
- Assessor Parcel Number 2210-027-028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2021
Closed on
Oct 25, 2021
Sold by
14711Saticoy Llc
Bought by
Alika Invetments Llc and Karsons Ca Llc
Seller's Agent
Jason Tuvia
Marcus & Millichap
Buyer's Agent
Jason Tuvia
Marcus & Millichap
List Price
$4,575,000
Sold Price
$4,400,000
Premium/Discount to List
-$175,000
-3.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,876
Avg. Annual Appreciation
2.17%
Original Mortgage
$3,075,000
Outstanding Balance
$2,783,159
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$2,048,717
Purchase Details
Closed on
Oct 4, 2019
Sold by
Saticoy 1 Llc
Bought by
14711 Saticoy Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,147,515
Interest Rate
3.5%
Mortgage Type
Small Business Administration
Purchase Details
Listed on
Sep 26, 2018
Closed on
Aug 23, 2018
Sold by
Dominguez Cosme Damian
Bought by
Saticoy 1 Llc
Seller's Agent
Bruno Zanotti
Pinnacle Estate Properties
Buyer's Agent
Dahlia Pashaie
Core Realty, Inc
List Price
$750,000
Sold Price
$905,000
Premium/Discount to List
$155,000
20.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%
Original Mortgage
$724,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2002
Sold by
Algazy Mark and Algazy Valentina
Bought by
Dominguez Cosme Damian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
6.83%
Purchase Details
Closed on
Nov 28, 1994
Sold by
Hesky Richard and Hesky Ruth
Bought by
Algazy Mark
Purchase Details
Closed on
Mar 8, 1994
Sold by
G & S Reconveyance Company
Bought by
Rogers Lee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alika Invetments Llc | $4,400,000 | Provident Title | |
| 14711 Saticoy Llc | $1,500,000 | Fidelity National Title Co | |
| Saticoy 1 Llc | $905,000 | Wfg National Title Company | |
| Dominguez Cosme Damian | $180,000 | First American Title Co | |
| Algazy Mark | $110,000 | -- | |
| Rogers Lee | $343,332 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alika Invetments Llc | $3,075,000 | |
| Previous Owner | 14711 Saticoy Llc | $3,147,515 | |
| Previous Owner | Saticoy 1 Llc | $724,000 | |
| Previous Owner | Dominguez Cosme Damian | $174,600 | |
| Closed | Dominguez Cosme Damian | $5,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/08/2021 11/08/21 | Sold | $4,400,000 | -3.8% | $425 / Sq Ft | |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- | |
| 06/02/2021 06/02/21 | For Sale | $4,575,000 | +405.5% | $442 / Sq Ft | |
| 09/27/2018 09/27/18 | Sold | $905,000 | +20.7% | $536 / Sq Ft | View Prior Sale |
| 09/26/2018 09/26/18 | Pending | -- | -- | -- | |
| 09/26/2018 09/26/18 | For Sale | $750,000 | -- | $444 / Sq Ft |
Source: The MLS
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 | $57,121 | $4,669,315 | $2,801,589 | $1,867,726 |
| 2024 | $55,230 | $4,577,760 | $2,746,656 | $1,831,104 |
| 2023 | $54,140 | $4,488,000 | $2,692,800 | $1,795,200 |
| 2022 | $51,590 | $4,400,000 | $2,640,000 | $1,760,000 |
| 2021 | $18,117 | $1,515,540 | $1,515,540 | $0 |
| 2019 | $11,150 | $905,000 | $543,000 | $362,000 |
| 2018 | $3,155 | $233,686 | $190,849 | $42,837 |
| 2017 | $3,090 | $229,105 | $187,107 | $41,998 |
| 2016 | $3,008 | $224,614 | $183,439 | $41,175 |
| 2015 | $2,968 | $221,241 | $180,684 | $40,557 |
| 2014 | $2,990 | $216,908 | $177,145 | $39,763 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Tuvia
-
Bruno Zanotti
Seller's Agent in 2018
Bruno Zanotti
Pinnacle Estate Properties
(818) 831-6817
1 in this area
41 Total Sales
-
D
Buyer's Agent in 2018
Dahlia Pashaie
Core Realty, Inc
Map
Source: The MLS
MLS Number: 21-742968
APN: 2210-027-028
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