NOT LISTED FOR SALE

15352 Vanowen St van Nuys, CA 91406

Van Nuys Area
27 Beds
18 Baths
13,635 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: August 20, 2018

Last sale price $3,250,000 $238 Per Sq Ft

124 Days on Market

Highlights

  • 14,909 Sq Ft lot
  • Van Nuys High School Rated A
  • Air Conditioning

About This Home

As of August 2018

We are pleased to present 15352 Vanowen Street, containing 18 apartment units, the property sits on a corner lot with strong visibility along one of the Valley's major thoroughfares. The 13,635 square foot building surrounds a quiet, shaded courtyard, while parking in the front and rear allows space for a total of 18 vehicles.The current owner has completed all required seismic retrofit repairs, securing the building and eliminating a major expense from the future buyer's ownership. A new water heater was also installed last year, while several unit interiors have been upgraded. Select units feature some combination of new wood/tile flooring, new kitchen cabinets, new appliances, and/or new granite countertops, but the opportunity remains for a new investor to apply an interior improvement plan to capture the approximately 34% rent upside. An on-site laundry room provides an additional income stream to benefit the new owner.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 04/18/2018

Last Buyer's Agent

Tzvi Haber

Rebah Properties License #01916891

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.34

Interior Spaces

  • 13,635 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 18 Bathrooms

Parking

  • 18 Parking Spaces
  • Carport

Additional Features

  • 14,909 Sq Ft Lot
  • Air Conditioning

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 2234-022-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 13635
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 27
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 242.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 18

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 883119
  • Assessed Land Value: 1269847
  • Assessor Parcel Number: 2234-022-001
  • Geocode Override: No
  • Lot Size Area: 14909

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.41
  • Number Of Units: 18
  • Type Of Units: Residential

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 16, 2018
Sold by
Bought by
Seller's Agent
Rick Raymundo
Marcus & Millichap
Buyer's Agent
Tzvi Haber
Rebah Properties
List Price
$3,310,000
Sold Price
$3,250,000
Premium/Discount to List
-$60,000
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,695,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,135,000
Interest Rate
0.0614%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,000
Interest Rate
0.0652%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
0.0807%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,250,000 North American Title Company
-- None Available
$1,085,000 --
-- Stewart Title
$631,500 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Closed $1,695,000
Previous Owner $1,585,000
Previous Owner $1,135,000
Previous Owner $809,000
Previous Owner $100,000
Previous Owner $32,000
Previous Owner $573,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $3,250,000 -1.8% $238 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $3,310,000 -- $243 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $45,302 $3,625,434 $2,231,036 $1,394,398
2024 $44,698 $3,554,348 $2,187,291 $1,367,057
2023 $43,851 $3,484,655 $2,144,403 $1,340,252
2022 $41,856 $3,416,329 $2,102,356 $1,313,973
2021 $41,297 $3,349,343 $2,061,134 $1,288,209
2019 $40,086 $3,250,000 $2,000,000 $1,250,000
2018 $27,917 $2,196,024 $1,295,243 $900,781
2016 $26,556 $2,110,752 $1,244,949 $865,803
2015 $26,181 $2,079,047 $1,226,249 $852,798
2014 $26,373 $2,038,322 $1,202,229 $836,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-335012

The MLS
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