NOT LISTED FOR SALE

14741 Erwin St van Nuys, CA 91411

Estimated Value: $1,103,000 - $1,313,000

7 Beds
6 Baths
2,317 Sq Ft
$517/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $635,000 $274 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,078/month

13 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Laundry Room
  • Van Nuys High School Rated A
  • No HOA
  • Family Room

About This Home

As of June 2015

Fantastic Investment Opportunity. The main house is 3 bedrooms and 2 bathrooms, with lots of upgrades and tasteful remodeling. The detached duplex behind the main house is permitted with two bedrooms and two bathrooms in each of the units. Located in the heart of Van Nuys. This Van Nuys rental pocket is highly desirable, close to public schools, and easy access to public transportation. Live in one and rent the other one out. Large Lot with plenty of driveway space.

Last Agent to Sell the Property

Parminder Bhasin

Pinnacle Estate Properties License #01234487 Listed on: 04/14/2015

Pinnacle Estate Properties

Last Buyer's Agent

Al Wargocz

RE/MAX One License #01258202

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,254 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Home Design

  • Property Attached

Interior Spaces

  • 2,317 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33
  • Tax Tract Number 1200
  • Assessor Parcel Number 2241010013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Property Type: Residential Income
  • Parcel Number: 2241010013
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 274.06
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6254.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 6254.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 1200
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 2, 2015
Sold by
Klein Yoram and Klein Sigalit
Bought by
Yoram Klein & Sigalit Klein Ab Living Tr
Seller's Agent
Parminder Bhasin
Pinnacle Estate Properties
Buyer's Agent
Al Wargocz
RE/MAX One
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$1,198,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,539
Avg. Annual Appreciation
6.19%
Original Mortgage
$440,000
Outstanding Balance
$338,221
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$860,318

Purchase Details

Listed on
Apr 14, 2015
Closed on
May 28, 2015
Sold by
The Usha & Narinder Anand Living Trust
Bought by
Klein Yoram and Klein Sigalit
Seller's Agent
Parminder Bhasin
Pinnacle Estate Properties
Buyer's Agent
Al Wargocz
RE/MAX One
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$338,221
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$860,318

Purchase Details

Closed on
Aug 10, 2004
Sold by
Anand Narinder K and Anand Usha
Bought by
Anand Narinder Kumar and Anand Usha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yoram Klein & Sigalit Klein Ab Living Tr -- Accommodation
Klein Yoram $635,000 Lawyers Title
Anand Narinder Kumar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Yoram $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $635,000 -2.2% $274 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $649,000 -- $280 / 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 $9,585 $763,165 $474,725 $288,440
2024 $9,467 $748,202 $465,417 $282,785
2023 $9,289 $733,533 $456,292 $277,241
2022 $8,866 $719,151 $447,346 $271,805
2021 $8,752 $705,051 $438,575 $266,476
2020 $8,837 $697,822 $434,078 $263,744
2019 $8,496 $684,140 $425,567 $258,573
2018 $8,348 $670,726 $417,223 $253,503
2016 $7,971 $644,683 $401,023 $243,660
2015 $2,560 $190,621 $103,025 $87,596
2014 -- $186,888 $101,007 $85,881
Source: Public Records

Agents Affiliated with this Home

  • Parminder Bhasin

    Seller's Agent in 2015

    Parminder Bhasin

    Pinnacle Estate Properties

    (818) 993-7370

    29 Total Sales

    Parminder Bhasin
    Section Image

  • A

    Buyer's Agent in 2015

    Al Wargocz

    RE/MAX

    (818) 585-4920

    1 in this area

    16 Total Sales

    Al Wargocz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15078298

California Regional Multiple Listing Service (CRMLS)

APN: 2241-010-013

California Los Angeles County Van Nuys 91411

14741 Erwin St, Van Nuys, CA

Not Listed for Sale

MultiFamily

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