$800,000
SOLD MAY 25, 2017
6 Beds
3 Baths
2,240 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$357 Per Sq Ft

9% Below List Price

18 Days on Market

Highlights

  • 3 Car Garage
  • Van Nuys High School Rated A
  • Paved or Partially Paved Lot

About This Home

As of March 2024

Attention All San Fernando Valley Buyers, Agents, Developers & Investors! This Is The Diamond In A Rough Triplex In A Fantastic Location That You Have Been Waiting For! First Time On The Market In Over 50 Years! Three 2 Bedroom Units Each With One Bath! So Many Possibilities Here! Amazing Opportunity! Rare Chance! Investor Special! Excellent Units! Must See To Believe! Do Not Miss! Standard Sale! Must See! San Fernando Valley Investment Opportunity At Its Best!

Last Agent to Sell the Property

Mike Glickman

Represented By License #00687722 Listed on: 04/01/2017

Last Buyer's Agent

Goli Namdar

No Firm Affiliation License #01918427

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available

Home Design

  • 2,240 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1200
  • Assessor Parcel Number 2241017004

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $57,600
  • Net Operating Income $57,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 310-766-3411
  • Other Phone Number: 310-766-3411
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2241017004
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 357.14

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Net Operating Income: 57600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3000.00

Tax Info

  • Tax Census Tract: 1283.03
  • Tax Lot: 9
  • Tax Tract Number: 1200

Similar Homes in the area

  • 5661 Kester Ave, Van Nuys, CA 91411

    $909,000

    • 4 Beds
    • 2 Baths
    • 2,144 Sq Ft
    • 5661 Kester Ave
    • Van Nuys, CA

    We are pleased to present the exclusive listing of 5661-5663 Kester Avenue, a charming duplex located in the heart of Sherman Oaks. Built in 1952, this property consists of two spacious 2-bedroom homes, totaling 2,144 rentable square feet on a 6,003 square foot lot. Situated in a peaceful and well-established residential neighborhood, 5661 Kester Avenue offers a rare opportunity to own a property

    Eliyahu Appel Marcus & Millichap

    Section Image
  • 14021 Bessemer St, Van Nuys, CA 91401

    $855,000

    • 4 Beds
    • 3 Baths
    • 2,330 Sq Ft
    • 14021 Bessemer St
    • Van Nuys, CA

    "Exceptional Triplex Opportunity in Van Nuys". A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on

    Rodolfo Anaya Lux Realty

    Section Image
  • 13918 Valerio St, Van Nuys, CA 91405

    $949,900

    • 5 Beds
    • 4 Baths
    • 1,264 Sq Ft
    • 13918 Valerio St
    • Van Nuys, CA

    Large lot, two separate units, room to add and improve the property for value appreciation.

    Ricardo Munoz Excellence RE Real Estate

    Section Image
  • 6711 Fulton Ave, Van Nuys, CA 91401

    $1,000,000

    • 8 Beds
    • 4 Baths
    • 2,970 Sq Ft
    • 6711 Fulton Ave
    • Van Nuys, CA

    *Can Be Sold as Portfolio with 13846 Bessemer St or Separately* Tamarack Real Estate Services is pleased to exclusively present 6711 Fulton Avenue, which is a 4-unit apartment complex located in the densely populated Van Nuys submarket of the San Fernando Valley. The property is just south of Vanowen Street, east of Woodman Avenue, and is well situated in a residential neighborhood with excellent

    David Kaufman David Ballin Kaufman

    Section Image
  • 7450 Woodley Ave, Van Nuys, CA 91406

    $920,000

    • 4 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 7450 Woodley Ave
    • Van Nuys, CA

    Great opportunity to own a duplex, live in the remodeled turn-key unit, and get rent from the other tenant-occupied unit. Each house has a private entrance with a separate yard. This duplex has a new roof and separate electricity and gas meters. Both units have 2 bedrooms and one bath, offering a comfortable and inviting living space. You might be able to add an ADU to generate more income. The

    Mimi Hagani First Banker Mortgage Corp.

    Section Image
  • 7512 Woodley Ave, van Nuys, CA 91406

    $975,000

    • 4 Beds
    • 2 Baths
    • 1,604 Sq Ft
    • 7512 Woodley Ave
    • van Nuys, CA

    Rare Duplex Opportunity in Van Nuys! This charming duplex is situated on a spacious 6,600 sqft lot, offering endless possibilities and just waiting for a dash of your personal touch. Featuring a total of 1,600 sqft of living space, the property is divided into two updated 2-bedroom, 1-bathroom units. Perfect for investors looking for rental income, those seeking multigenerational living or you

    Tiffany McGuinness Estate Properties

    Section Image
  • 16805 Sherman Way, Van Nuys, CA 91406

    $950,000

    • 4 Beds
    • 3 Baths
    • 2,272 Sq Ft
    • 16805 Sherman Way
    • Van Nuys, CA

    Attention Astute Investors! This wonderful Tri-Plex is located in a great Lake Balboa neighborhood,and at this competitive price point it’s a great investment opportunity for any investor or developer.It has a Sherman Way address but all entrances are on Forbes Avenue. The units consist of one 2bedroom, 1 bath unit, and two 1 bedroom, 1 bath units. Each unit has a dedicated off street

    Nelson Rodriguez Park Regency Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $2,800,000 -2.7% $1,250 / Sq Ft
12/05/2023 12/05/23 Price Changed $2,879,000 -2.4% $1,285 / Sq Ft
09/28/2023 09/28/23 For Sale $2,950,000 +268.8% $1,317 / Sq Ft
05/25/2017 05/25/17 Sold $800,000 -8.6% $357 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $875,000 -- $391 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17068056

California Regional Multiple Listing Service (CRMLS)

APN: 2241-017-004