NOT LISTED FOR SALE

15157 Burbank Blvd van Nuys, CA 91411

Van Nuys Neighborhood

Estimated Value: $1,311,000 - $1,822,221

8 Beds
4 Baths
3,706 Sq Ft
$445/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $1,140,000 $308 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,428/month

7 Days on Market

Highlights

  • 4 Car Attached Garage
  • Laundry Room
  • Central Heating and Cooling System
  • Kester Avenue Elementary School Rated A-

About This Home

As of April 2017

Great location, Sherman Oaks adjacent. Recently exterior painted and property well maintained 4 units near Sepulveda rec area, right off the 405 fwy, Lake Balboa, and Encino Golf Course. Each unit large 2 bed/1 bath on a large lot with 4 car garage on alley + 2 uncovered parking spaces. Units have hardwood floors & patios/balcony's. Great income investment units!

Last Agent to Sell the Property

Steven Tobin

Modern Realtors Real Estate License #01080942 Listed on: 02/16/2017

Last Buyer's Agent

Gevorg Antaplyan

License #01268925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,211

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,875 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,706 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 2243-008-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,211

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3706
  • Property Condition: Updated/Remodeled
  • Year Built: 1952
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 323.80

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: Meter on Property

Lot Info

  • Assessed Improvement Value: 402700
  • Assessed Land Value: 597300
  • Assessor Parcel Number: 2243-008-011
  • Geocode Override: No
  • Lot Size Area: 6875

Rental Info

  • Land Lease Expiration Year: 0
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 4
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Garavaryan Aret and Garavaryan Salpi
Bought by
Makto Llc
Current Estimated Value
$1,665,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$696,897
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$952,408

Purchase Details

Closed on
Sep 3, 2020
Sold by
Makto Llc
Bought by
Garavaryan Aret and Garavaryan Salpi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$696,897
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$952,408

Purchase Details

Listed on
Feb 16, 2017
Closed on
May 25, 2017
Sold by
Garavaryan Aret
Bought by
Makto Llc
Seller's Agent
Steven Tobin
Modern Realtors Real Estate
Buyer's Agent
Gevorg Antaplyan
List Price
$1,199,999
Sold Price
$1,140,000
Premium/Discount to List
-$59,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$268,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 21, 2017
Sold by
Cevallos Mario R
Bought by
Garavaryan Aret and Garavaryan Sakoi
Seller's Agent
Steven Tobin
Modern Realtors Real Estate
Buyer's Agent
Gevorg Antaplyan
List Price
$1,199,999
Sold Price
$1,140,000
Premium/Discount to List
-$59,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2005
Sold by
Hokaj Christine G and Mandap Heather J
Bought by
Cevallos Mario R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 7, 2004
Sold by
Mandap Heather J and Mandap Michael
Bought by
Hokaj Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2001
Sold by
Hokaj Richard and Hokaj Christine G
Bought by
Hokaj Heather

Purchase Details

Closed on
Oct 6, 1999
Sold by
Azariya Oded and Eshel Sagi
Bought by
Hokaj Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,343
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 1999
Sold by
Azariya Oded
Bought by
Azariya Oded

Purchase Details

Closed on
Mar 16, 1998
Sold by
Mazewski Fred and Meinhardt Ernest
Bought by
Azariya Oded

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
4.35%

Purchase Details

Closed on
May 3, 1995
Sold by
Meinhardt Ernest and Meinhardt Marcia
Bought by
Meinhardt Ernest Aton
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Makto Llc -- Lawyers Title Company
Garavaryan Aret -- Accommodation
Garavaryan Salpi -- Accommodation
Garavaryan Aret -- Accommodation
Makto Llc -- Accommodation
Garavaryan Aret $1,140,000 Ticor Title Company
Cevallos Mario R $920,000 Southland Title
Hokaj Christine G -- Southland Title
Hokaj Heather -- --
Hokaj Richard $325,000 Equity Title
Azariya Oded -- --
Azariya Oded $241,000 Lawyers Title
Meinhardt Ernest Aton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garayaryan Aret $780,000
Previous Owner Cevallos Mario R $268,000
Previous Owner Garavaryan Aret $816,000
Previous Owner Cevallos Mario R $644,000
Previous Owner Hokaj Christine G $323,000
Previous Owner Hokaj Richard $322,343
Previous Owner Azariya Oded $120,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $1,140,000 -5.0% $308 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $1,199,999 -- $324 / 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 $16,211 $1,323,062 $928,467 $394,595
2024 $16,211 $1,297,120 $910,262 $386,858
2023 $15,902 $1,271,687 $892,414 $379,273
2022 $15,172 $1,246,753 $874,916 $371,837
2021 $14,978 $1,222,308 $857,761 $364,547
2020 $15,127 $1,209,776 $848,966 $360,810
2019 $14,536 $1,186,056 $832,320 $353,736
2018 $14,435 $1,162,800 $816,000 $346,800
2016 $12,387 $1,000,000 $597,300 $402,700
2015 $10,887 $874,000 $522,000 $352,000
2014 $9,273 $720,000 $430,000 $290,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steven Tobin

    Modern Realtors Real Estate

  • G

    Buyer's Agent in 2017

    Gevorg Antaplyan

See All Agents

Map

Source: The MLS

MLS Number: 17-202892

The MLS

APN: 2243-008-011

California Los Angeles County Van Nuys 91411 Van Nuys

15157 Burbank Blvd, Van Nuys, CA

This home is located at 15157 Burbank Blvd, van Nuys, CA 91411 since 16 February 2017 and is currently estimated at $1,649,305, approximately $445 per square foot. This property was built in 1952. 15157 Burbank Blvd is a home located in Los Angeles County with nearby schools including Kester Avenue Elementary School, Van Nuys High School, and Ivy Bound Academy of Math Sci and Tech Charter Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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