NOT LISTED FOR SALE

15349 Vanowen St Van Nuys, CA 91406

Van Nuys Neighborhood
21 Beds
20 Baths
8,692 Sq Ft
7,500 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $2,800,000 $322 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Van Nuys High School Rated A
  • Landscaped
  • Rectangular Lot

About This Home

As of August 2022

We are pleased to present an opportunity to acquire a seven (7) unit apartment building situated in the popular rental submarket of Van Nuys.

Property features a highly desirable unit of three (3) bed and (2+) bath units, which brings in families. This Property features 100% fully occupied tenants, gated parking, schools and grocery stores less than a mile away, separately metered utilities, and on-site coin operated laundry with the option for in-unit laundry hookups.

Last Agent to Sell the Property

Ryan Ottosen

Capital & Influence License #01842391 Listed on: 05/17/2022

Co-Listed By

MICHAEL DAVIS

REALTY MASTERS & ASSOCIATES License #01481409

Last Buyer's Agent

Pakrad Markarian

Remax Optima License #00952259

Remax Optima

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 14 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 8,692 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34280
  • Assessor Parcel Number 2234024043
  • $1,359 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $25,200
  • Fuel Expense $4,847
  • Insurance Expense $2,800
  • Trash Expense $2,088
  • Water Sewer Expense $4,300
  • Operating Expense $78,061
  • Gross Income $234,000
  • Net Operating Income $149,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

14

Listing Details

  • Assessments: Yes
  • Price Per Unit: 405188
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 4300.00
  • Property Type: Residential Income
  • Parcel Number: 2234024043
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 322.14

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community, Gas Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2088.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Rectangular Lot, Sprinklers In Front
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Electric Expense: 25200.00
  • Fuel Expense: 4847.00
  • Gross Income: 234000.00
  • Gross Scheduled Income: 227580.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 149519.90
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 78060.00
  • Rent Control: Yes
  • Total Expenses: 78061.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 34280
  • TaxOtherAnnualAssessmentAmount: 1359.27

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
08/05/2022 08/05/22 Sold $2,800,000 -1.3% $322 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $2,836,318 -- $326 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Ottosen

    Seller's Agent in 2022

    Ryan Ottosen

    Capital & Influence

    (626) 991-2156

    1 in this area

    45 Total Sales

    Ryan Ottosen
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    MICHAEL DAVIS

    REALTY MASTERS & ASSOCIATES

    (909) 480-5024

    1 in this area

    12 Total Sales

    MICHAEL DAVIS
    Section Image
  • Pakrad Markarian

    Buyer's Agent in 2022

    Pakrad Markarian

    RE/MAX

    (818) 653-0470

    4 in this area

    82 Total Sales

    Pakrad Markarian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22104770

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Van Nuys 91406 Van Nuys

15349 Vanowen St, Van Nuys, CA

This home is located at 15349 Vanowen St, Van Nuys, CA 91406 since 17 May 2022. This property was built in 1980. 15349 Vanowen St is a home located in Los Angeles County with nearby schools including Bassett Street Elementary, Robert Fulton College Preparatory, and Van Nuys High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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