NOT LISTED FOR SALE

14715 Burbank Blvd van Nuys, CA 91411

Estimated Value: $1,121,000 - $1,832,000

0.2 Acre
$7,121,085 Price per Acre
8,775 Sq Ft Lot

Last Sold December 11, 2014

Last sale price $853,000 $306 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,460/month

49 Days on Market

About This Lot

As of December 2014

PRICE REDUCED! Prime Sherman Oaks potential 8 condominium development opportunity at 14715 Burbank Blvd. Ideal location in Sherman Oaks. Easy access to the 101 and 170 freeways and close to city transportation. Zoned (Q)R3-1. Per city, potential to build one dwelling unit per 1,000 square foot lot area. Lot size is 65' x 135'. Development feasibility analysis can be available to potential buyers.

Subject is currently fully occupied with gross income of $56,400. Consists of (3) 1+1, (1) 2+1.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 09/22/2014

Keller Williams Realty Calabasas

Last Buyer's Agent

Al Navazi

First Capital Investment License #00983181

Property Details

Property Type

  • Land

Lot Details

  • 8,775 Sq Ft Lot
  • Property is zoned LAR3

Listing and Financial Details

  • Tax Tract Number 13868
  • Assessor Parcel Number 2244019012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: LAR3
  • Property Type: Land
  • Parcel Number: 2244019012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 97.21

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 8775.00
  • Lot Size Acres: 0.2010

Multi Family

  • Lot Size Area: 8775.0000 Square Feet

Tax Info

  • Tax Tract Number: 13868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Soltani Andysheh
Bought by
Burbank Villa Apartments Llc
Current Estimated Value
$1,431,338

Purchase Details

Listed on
Sep 22, 2014
Closed on
Dec 5, 2014
Sold by
Aghishian Ara
Bought by
Soltani Andysheh
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Al Navazi
First Capital Investment
List Price
$1,039,000
Sold Price
$853,000
Premium/Discount to List
-$186,000
-17.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$639,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Yeranossian Julia
Bought by
Aghishian Ara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2007
Sold by
Gittleman Myron B and Gittleman Ellen R
Bought by
Aghishian Ara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1996
Sold by
Gittleman Myron B
Bought by
Gittleman Myron B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burbank Villa Apartments Llc -- None Listed On Document
Soltani Andysheh $853,000 Fidelity National Title
Aghishian Ara -- Progressive Title
Aghishian Ara $840,000 Progressive Title
Gittleman Myron B -- --
Gittleman Myron B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soltani Andysheh $639,750
Previous Owner Aghishian Ara $672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $853,000 -17.9% $306 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $1,039,000 -- $373 / 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 $12,591 $1,025,171 $427,855 $597,316
2024 $12,591 $1,005,070 $419,466 $585,604
2023 $12,352 $985,364 $411,242 $574,122
2022 $11,785 $966,044 $403,179 $562,865
2021 $11,635 $947,103 $395,274 $551,829
2019 $11,293 $919,012 $383,550 $535,462
2018 $11,147 $900,993 $376,030 $524,963
2016 $10,647 $866,008 $361,429 $504,579
2015 $10,494 $853,000 $356,000 $497,000
2014 $11,545 $918,062 $688,547 $229,515
Source: Public Records

Agents Affiliated with this Home

  • Anie Mayelian

    Seller's Agent in 2014

    Anie Mayelian

    Keller Williams Realty Calabasas

    (818) 915-9118

    6 in this area

    29 Total Sales

    Anie Mayelian
    Section Image

  • A

    Buyer's Agent in 2014

    Al Navazi

    First Capital Investment

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14203970

California Regional Multiple Listing Service (CRMLS)

APN: 2244-019-012

California Los Angeles County Van Nuys 91411

14715 Burbank Blvd, Van Nuys, CA

Not Listed for Sale

Lots

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