Seller's Agent in 2019
Amir Ladjevardi
Beverly and Company, Inc.
(818) 501-7100
9 Total Sales
14770 Erwin St van Nuys, CA 91411
13
Beds
8
Baths
6,672
Sq Ft
7,503
Sq Ft Lot
Highlights
- Laundry Room
- Van Nuys High School Rated A
- Rectangular Lot
About This Home
As of September 2019We are pleased to present well maintained 8 units building with at least 35% below market rents. Subject property is located in a very strong rental area of Van Nuys. The units have very low rents and therefore never a vacancy, Some units have balconies. Newer sewer line with 10 years warranty, 3 year old roof at the cost of $26,000 with warranty. Long driveway was resurfaced last year. Laundry room in the building, Please note this is a rent control building with Tucked under parking which requires soft retrofitting. Solid rental area and close to all. It is close proximity to all and provide lots of convenience to tenants. This building offers very low price/unit and low cost per square footage, A great investment property. PLEASE DIVE BY ONLY . Will not last. plenty of upside in rent . Ideal exchange property.
Last Agent to Sell the Property
Beverly and Company, Inc. License #00937385 Listed on: 08/27/2019
Property Details
Home Type
- Apartment
Year Built
- Built in 1962
Lot Details
- 7,503 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Interior Spaces
- 6,672 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 6 Open Parking Spaces
- 10 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 7 / 62
- Tax Tract Number 1200
- Assessor Parcel Number 2241016002
Community Details
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,500
- Maintenance Expense $1,500
- Other Expense $2,000
- Professional Management Expense $1,200
- Trash Expense $2,500
- Water Sewer Expense $9,500
- New Taxes Expense $15,860
- Operating Expense $37,760
- Gross Income $95,832
- Net Operating Income $58,072
Additional Features
- 8 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2019 09/17/19 | Sold | $1,320,000 | -1.9% | $198 / Sq Ft | |
| 09/11/2019 09/11/19 | Pending | -- | -- | -- | |
| 08/27/2019 08/27/19 | For Sale | $1,345,000 | -10.3% | $202 / Sq Ft | |
| 03/01/2018 03/01/18 | Sold | $1,499,000 | 0.0% | $225 / Sq Ft | View Prior Sale |
| 01/01/2018 01/01/18 | Pending | -- | -- | -- | |
| 12/15/2017 12/15/17 | For Sale | $1,499,000 | -- | $225 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Amir Ladjevardi
-
Karla Cisneros
K
Buyer's Agent in 2019
Karla Cisneros
Nansco Management Inc.
(818) 884-6356
1 in this area
16 Total Sales
-
Steven Bijan Mesbah
Seller's Agent in 2018
Steven Bijan Mesbah
Coldwell Banker Realty
(310) 897-0044
3 Total Sales
-
L
Seller Co-Listing Agent in 2018
Louis Woolf
-
S
Buyer's Agent in 2018
Steven B. Mesbah
Rodeo Realty - Beverly Hills
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19204715
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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