NOT LISTED FOR SALE

14725 Friar St van Nuys, CA 91411

Estimated Value: $1,060,000 - $1,554,000

8 Beds
4 Baths
4,425 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 02, 2013

Last sale price $550,000 $124 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $7,801/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Tile Flooring
  • Van Nuys High School Rated A
  • Bungalow
  • Space Heater

About This Home

As of January 2013

JUST REDUCED...MOTIVATED SELLER...4 Unit- Standard Sale.. Each Unit is 2 Bedrooms, with 3 of the 4 units having 1.5 baths and the front unit having 1 full bath. Rear units are 2 story, with a open floor plan. Each unit has front room, dining area that is separate from the kitchen, Laundry area and 2 very generous good size Bedrooms with plenty of closet space. Plus there is plenty of parking for at least 8 cars. Each unit has its own gas meter and electric meter. Perfect opportunity for the investor.

Last Agent to Sell the Property

James Sanchez

Time To Sell Realty License #01436395 Listed on: 11/09/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,589

Year Built

  • Built in 1940

Lot Details

  • 7,350 Sq Ft Lot

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,425 Sq Ft Home
  • Living Room with Fireplace
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 1200
  • Assessor Parcel Number 2241002023

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $960
  • Insurance Expense $1,600
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,000
  • Gross Income $2,863
  • Net Operating Income $28,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,589

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 2241002023
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 124.29
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Space Heater
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7350.00
  • Lot Size Acres: 0.1690

Multi Family

  • Average2 Bed Area: 1106
  • Electric Expense: 600.00
  • Gross Income: 2863.00
  • Gross Scheduled Income: 34356.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 7350.0000 Square Feet
  • Net Operating Income: 28796.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5560.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9000.00
  • Taxes Percent: 1.25
  • Tax Lot: 22
  • Tax Tract Number: 1200
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2019
Sold by
Gulkarov Ruben
Bought by
Ruben Gulkarov Trust
Current Estimated Value
$1,350,874

Purchase Details

Listed on
Nov 9, 2012
Closed on
Dec 20, 2012
Sold by
Aguilar Silvia
Bought by
Gulkarov Ruben
Seller's Agent
James Sanchez
Time To Sell Realty
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$412,500
Outstanding Balance
$284,446
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,066,428

Purchase Details

Closed on
Aug 8, 2007
Sold by
Aldana Michael G
Bought by
Aguilar Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 11, 2006
Sold by
Pinto Elsa M
Bought by
Aguilar Silvia and Aldana Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 10, 2006
Sold by
Donis Ruben Dario and Aguilar Silvia
Bought by
Aguilar Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 15, 2006
Sold by
Pinto Elsa M
Bought by
Pinto Elsa M and Aguilar Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 18, 2002
Sold by
Broellos Heinz and Broellos Erika
Bought by
Broellos Heinz and Broellos Erika P

Purchase Details

Closed on
Sep 21, 2001
Sold by
Donis Ruben D
Bought by
Pinto Elsa M

Purchase Details

Closed on
Mar 1, 1999
Sold by
Aguilar Silvia
Bought by
Donis Ruben Dario

Purchase Details

Closed on
Jan 30, 1998
Sold by
Pinto Elsa M
Bought by
Aguilar Silvia Patricia

Purchase Details

Closed on
Jul 24, 1997
Sold by
Ba Properties Inc
Bought by
Pinto Elsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,882
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1997
Sold by
Muir Sandra S and Ba Properties Inc
Bought by
Ba Properties Inc
Source: Public Records

Range of Values:

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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
Ruben Gulkarov Trust -- None Available
Gulkarov Ruben $550,000 Lawyers Title
Aguilar Silvia -- Ortc
Aguilar Silvia -- Commonwealth Land
Aguilar Silvia -- Commonwealth Land Title
Pinto Elsa M -- Accommodation
Broellos Heinz -- --
Pinto Elsa M -- --
Donis Ruben Dario -- --
Aguilar Silvia Patricia -- --
Pinto Elsa M $230,000 First American Title Ins Co
Ba Properties Inc $154,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulkarov Ruben $412,500
Previous Owner Aguilar Silvia $55,000
Previous Owner Aguilar Silvia $281,000
Previous Owner Pinto Elsa M $221,882
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2013 01/02/13 Sold $550,000 -- $124 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
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 $8,589 $677,275 $369,423 $307,852
2024 $8,589 $663,996 $362,180 $301,816
2023 $8,431 $650,978 $355,079 $295,899
2022 $8,053 $638,215 $348,117 $290,098
2021 $7,934 $625,702 $341,292 $284,410
2020 $8,007 $619,287 $337,793 $281,494
2019 $7,704 $607,145 $331,170 $275,975
2018 $7,613 $595,241 $324,677 $270,564
2016 $7,243 $572,128 $312,070 $260,058
2015 $7,141 $563,535 $307,383 $256,152
2014 $7,188 $552,497 $301,362 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12093786

California Regional Multiple Listing Service (CRMLS)

APN: 2241-002-023