E
Seller's Agent in 2022
Eric Ramas
Premier Agent Network
(951) 704-4515
1 in this area
3 Total Sales
15252 Gresham St North Hills, CA 91343
Estimated Value: $1,078,000 - $1,334,000
8
Beds
4
Baths
3,348
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Valley Academy of Arts & Sciences Rated A-
- Park
- 2-minute walk to North Hills Community Park
About This Home
As of November 2022PRICE REDUCED by $100K!!!. Tremendous 4 Unit investment opportunity in the North Hills area. All units are 2 Bedrooms and 1 Bath with 1 car garage each. Current rents are month to month and are below market. There is plenty of room for future rent increases. Tenants are all current and up-to-date in rent. The tenants pay for electricity and gas. There is a laundry room at the rear of the building. This area is close to shopping, restaurants, groceries, and public transportation. There is a large community park across the street where families play and gather around in the afternoon. Tenants are aware that the property is for sale. Drive by only or feel free to look around but please do not approach and speak to the residents. Interior inspection is available after an offer is accepted. The property just recently passed the City of Los Angeles Code Enforcement Inspection on April 12, 2022.
Last Agent to Sell the Property
Premier Agent Network License #01199337 Listed on: 05/19/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,745
Year Built
- Built in 1955
Lot Details
- 6,885 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Chain Link Fence
Parking
- 4 Car Garage
- Parking Available
Home Design
- 3,348 Sq Ft Home
- Traditional Architecture
- Quadruplex
- Raised Foundation
- Composition Roof
- Stucco
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 14
- Tax Tract Number 19151
- Assessor Parcel Number 2654009014
- $475 per year additional tax assessments
Community Details
Recreation
- Park
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,440
- Insurance Expense $1,447
- Maintenance Expense $700
- Water Sewer Expense $3,858
- Operating Expense $7,445
- Gross Income $57,816
- Net Operating Income $50,371
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2022
Closed on
Oct 7, 2022
Sold by
Ramas Eric C and Ramas Ofelia C
Bought by
Gadolian Albert
Seller's Agent
Eric Ramas
Premier Agent Network
Buyer's Agent
Eric Ramas
Premier Agent Network
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,800
Avg. Annual Appreciation
5.79%
Original Mortgage
$700,000
Outstanding Balance
$670,375
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$511,425
Purchase Details
Closed on
Dec 20, 2001
Sold by
Hay Rafaela
Bought by
Ramas Eric C and Ramas Ofelia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
7.04%
Purchase Details
Closed on
Mar 8, 1999
Sold by
Brookhart Patsy
Bought by
Hay Rafaela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
6.96%
Purchase Details
Closed on
Mar 25, 1997
Sold by
Fenzke Loretta J Tr Fenzke Trust
Bought by
Brookhart Patsy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.98%
Purchase Details
Closed on
Jan 9, 1995
Sold by
Fenzke Russell
Bought by
Fenzke Loretta J and Fenzke Revocable Trust
Purchase Details
Closed on
Mar 21, 1994
Sold by
Fenzke Lori
Bought by
Fenzke Russell and Fenzke Lori
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gadolian Albert | $1,000,000 | Orange Coast Title | |
| Ramas Eric C | $1,178,181 | Gateway Title Company | |
| Hay Rafaela | $183,500 | Southland Title | |
| Brookhart Patsy | $110,000 | Southland Title Corporation | |
| Fenzke Loretta J | -- | -- | |
| Fenzke Russell | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gadolian Albert | $700,000 | |
| Previous Owner | Ramas Eric C | $230,400 | |
| Previous Owner | Hay Rafaela | $174,300 | |
| Previous Owner | Brookhart Patsy | $88,000 | |
| Closed | Ramas Eric C | $28,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $1,000,000 | -4.8% | $299 / Sq Ft |
| 09/22/2022 09/22/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | Price Changed | $1,050,000 | -8.7% | $314 / Sq Ft |
| 05/19/2022 05/19/22 | For Sale | $1,150,000 | -- | $343 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,745 | $1,040,400 | $624,240 | $416,160 |
| 2024 | $12,745 | $1,020,000 | $612,000 | $408,000 |
| 2023 | $12,502 | $1,000,000 | $600,000 | $400,000 |
| 2022 | $5,173 | $400,906 | $180,963 | $219,943 |
| 2021 | $5,094 | $393,046 | $177,415 | $215,631 |
| 2019 | $4,949 | $381,389 | $172,153 | $209,236 |
| 2018 | $4,844 | $373,912 | $168,778 | $205,134 |
| 2016 | $4,602 | $359,394 | $162,225 | $197,169 |
| 2015 | $4,538 | $353,997 | $159,789 | $194,208 |
| 2014 | $4,578 | $347,063 | $156,659 | $190,404 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Ramas
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22106653
APN: 2654-009-014
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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