NOT LISTED FOR SALE
14 Beds
9 Baths
6,500 Sq Ft
7,499 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $2,045,000 $315 Per Sq Ft

112 Days on Market

About This Home

As of August 2022

An eight (8)unit apartment building located in Van Nuys. Resting on a 7,499 +/- square foot lot, the Property features a highly desirable unit mix of six (6) 2 bed and 1 bath units, one (1) 2 bed and 2 bath unit, and one (1) studio. The Property features 100%copper plumbing, on-site parking, on-site coin operated laundry, and approved plans and paid permits to complete the soft story retrofit. This opportunity also offers an investor 20% +/- of rental upside. The enclosed garage will be delivered vacant with potential to convert to a Junior ADU.

Last Agent to Sell the Property

Andy Kawatra

Andy Anubhav Kawatra License #01881930 Listed on: 04/13/2022

Last Buyer's Agent

Michael Shokrian

Michael Isaac Shokrian License #01403171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,499 Sq Ft Lot

Parking

  • Covered Parking

Home Design

  • 6,500 Sq Ft Home

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 9 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 2236-019-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6500
  • Lot Acreage: 0.1722
  • Year Built: 1963
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 319.23

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Attached, Covered Parking

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 55.51
  • Assessed Improvement Value: 579036
  • Assessed Land Percent: 44.49
  • Assessed Land Value: 464158
  • Total Assessed Value: 1043194
  • Assessor Parcel Number: 2236-019-006
  • Lot Size Area: 7499

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.51
  • Number Of Units: 1
  • Total Annual Expense: 60834
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: One Unit

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

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $2,045,000 -1.4% $315 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $2,075,000 -3.5% $319 / Sq Ft
04/13/2022 04/13/22 For Sale $2,150,000 -- $331 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-146205

The MLS