NOT LISTED FOR SALE

14711 Saticoy St Van Nuys, CA 91405

Estimated Value: $4,819,562

28 Beds
19 Baths
10,357 Sq Ft
$465/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2021

Last sale price $4,400,000 $425 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $30,792 / mo

65 Days on Market

Highlights

  • New Construction
  • 0.34 Acre Lot
  • Modern Architecture
  • Automatic Gate
  • Wood Flooring
  • Balcony

About This Home

As of November 2021

We 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

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 06/02/2021

Last Buyer's Agent

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 06/02/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 14,840 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

0.34 Acres

Parking

6

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Alley: No
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 10357
  • Lot Acreage: 0.3407
  • Lot Dimensions: 100x148
  • Price Per Unit: 508333.00
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2020
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-Ins, Storage Space
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Range, Microwave, Oven, Built-Ins
  • Bedrooms: 28
  • Bedroom Features: Master Bedroom
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 19.00
  • Equipment: Built-Ins, Dishwasher, Microwave, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 441.73

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Paved: Yes
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 12
  • Covered Parking: 6
  • Parking Garage: Built-In Storage, Covered Parking, Uncovered, Parking for Guests - Onsite, Gated, Garage, Garage Is Attached, Private, Private Garage
  • Total Parking: 18

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Gated, Automatic Gate
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Percent: 100
  • Assessed Land Value: 1500000
  • Total Assessed Value: 1500000
  • Assessor Parcel Number: 2210-027-028
  • Lot Description: 2-4 Lots, Yard, Landscaped
  • Lot Size Area: 14840

Rental Info

  • Rent Control: No
  • Tenant Pays: Gas, Electricity, Trash Collection, Water, Hot Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.90
  • Number Of Units: 9
  • Type Of Units: Townhome

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 25, 2021
Sold by
Bought by
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
$4,819,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,562
Avg. Annual Appreciation
1.99%
Original Mortgage
$3,075,000
Outstanding Balance
$2,758,725
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$2,060,837

Purchase Details

Closed on
Oct 4, 2019
Sold by
Bought by

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
Bought by
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
24.16%
Original Mortgage
$724,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Mar 8, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$4,400,000 Provident Title
$1,500,000 Fidelity National Title Co
$905,000 Wfg National Title Company
$180,000 First American Title Co
$110,000 --
$343,332 Chicago Title
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 $3,075,000
Previous Owner $3,147,515
Previous Owner $724,000
Previous Owner $174,600
Closed $5,400
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 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

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
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

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Map

Source: The MLS

MLS Number: 21-742968

The MLS

APN: 2210-027-028

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