NOT LISTED FOR SALE

Estimated Value: $1,024,137

4 Beds
3 Baths
2,228 Sq Ft
$460/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $740,800 $332 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,420/month

59 Days on Market

About This Home

As of April 2021

Fantastic opportunity to own one of the best priced triplex in the area. Located in the heart of Van Nuys the property is close to all major shopping and freeways. Three independent units with their own private patio and parking.

Last Agent to Sell the Property

Jeff Brandolino

Brandolino Group, Inc. License #01259914 Listed on: 01/04/2021

Last Buyer's Agent

Narine Zardarian

MERAKI GLOBAL, Inc. License #01935905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,075

Year Built

  • Built in 1955

Lot Details

  • 6,151 Sq Ft Lot

Home Design

  • 2,228 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • Assessor Parcel Number 2209-038-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,075

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Fantastic opportunity to own one of the best priced triplex in the area. Located in the heart of Van Nuys the property is close to all major shopping and freeways. Three independent units with their own private patio and parking.
  • Living Area: 2228
  • Lot Acreage: 0.1412
  • Probate: No
  • Year Built: 1955
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 331.69

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage - 3 Car

Lot Info

  • Assessed Improvement Percent: 51.16
  • Assessed Improvement Value: 125070
  • Assessed Land Percent: 48.84
  • Assessed Land Value: 119408
  • Total Assessed Value: 244478
  • Assessor Parcel Number: 2209-038-023
  • Lot Size Area: 6151

Rental Info

  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 11880
  • Type Of Units: triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
May 10, 2021
Sold by
Gabrielyan Hovik
Bought by
Saticoy Gabrielyan Properties Llc
Seller's Agent
Jeff Brandolino
Brandolino Group, Inc.
Buyer's Agent
Narine Zardarian
MERAKI GLOBAL, Inc.
List Price
$739,000
Sold Price
$740,800
Premium/Discount to List
$1,800
0.24%
Current Estimated Value
$1,024,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,337
Avg. Annual Appreciation
7.67%
Original Mortgage
$555,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 2, 2021
Sold by
Gabrielyan Lusine
Bought by
Gabrielyan Hovik
Seller's Agent
Jeff Brandolino
Brandolino Group, Inc.
Buyer's Agent
Narine Zardarian
MERAKI GLOBAL, Inc.
List Price
$739,000
Sold Price
$740,800
Premium/Discount to List
$1,800
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 25, 2021
Sold by
Recon Investment Fund B Llc
Bought by
Gabrielyan Hovik
Seller's Agent
Jeff Brandolino
Brandolino Group, Inc.
Buyer's Agent
Narine Zardarian
MERAKI GLOBAL, Inc.
List Price
$739,000
Sold Price
$740,800
Premium/Discount to List
$1,800
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2019
Sold by
Bright Days Realty Inc
Bought by
Recon Investment Fund B Llc and Domus Aurea Llc

Purchase Details

Closed on
Sep 12, 2019
Sold by
Wang Alfred and Wang Ghon Chau
Bought by
Bright Days Realty Inc

Purchase Details

Closed on
Jul 21, 2016
Sold by
Wong Alfred
Bought by
Wong Alfred and Wong Hong Chau
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Saticoy Gabrielyan Properties Llc -- None Available
Gabrielyan Hovik -- Old Republic Title Company
Gabrielyan Hovik $741,000 Old Republic Title Company
Recon Investment Fund B Llc $612,000 Old Republic Title Company
Bright Days Realty Inc $566,000 Old Republic Title Company
Wong Alfred -- Old Republic Title Company
Wong Alfred -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabrielyan Hovik $555,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $740,800 +0.2% $332 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $739,000 0.0% $332 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $739,000 -- $332 / Sq Ft
Source: The MLS

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 $10,075 $811,822 $487,093 $324,729
2024 $10,075 $795,905 $477,543 $318,362
2023 $9,885 $780,300 $468,180 $312,120
2022 $9,436 $765,000 $459,000 $306,000
2021 $9,076 $729,479 $437,485 $291,994
2020 $9,164 $722,000 $433,000 $289,000
2019 $3,486 $254,353 $124,231 $130,122
2018 $3,374 $249,367 $121,796 $127,571
2016 $3,211 $239,685 $117,067 $122,618
2015 $3,169 $236,086 $115,309 $120,777
2014 $3,198 $231,463 $113,051 $118,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-675710

The MLS

APN: 2209-038-023