NOT LISTED FOR SALE

15733 Victory Blvd Van Nuys, CA 91406

Estimated Value: $774,169 - $876,000

3 Beds
3 Baths
2,098 Sq Ft
$398/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $785,000 $374 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,112/month

91 Days on Market

Highlights

  • Golf Course Community
  • Park
  • Floor Furnace
  • Community Lake
  • Laundry Room

About This Home

As of April 2024

Calling all investors and contractors! Are you on the lookout for an exceptional investment opportunity in the bustling city of Van Nuys? Look no further we have a remarkable 3-unit property available, conveniently located near the 405 freeway, the beautiful lake balboa, a golf course, and numerous shopping centers. Situated on a main street, this property is ideally positioned to attract a steady stream of potential tenants and buyers alike. Investment properties have always been a lucrative option for individuals looking to expand their financial portfolio. For those seeking a potential profit opportunity, this 3 units investment property located near the 405 freeway presents an enticing proposition. Situated on Main Street. This property offers not only a prime location but also the opportunity to build one additional unit. This property was remodeled 3 years ago, new roof, new flooring, new kitchen cabinets and other upgrades. In conclusion, this exceptional 3-unit property in Van Nuys presents a rare investment opportunity for both investors and contractors. Property is being sold with tenants. Do not disturb tenants, they are not a were that the property is been sold. Property has been listed under current market value and is being sold ''As is'' No credit no repairs will be made.

Last Agent to Sell the Property

Mirna Cruz

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-370-9225 License #01328677 Listed on: 10/06/2023

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Mirna Cruz

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-370-9225 License #01328677 Listed on: 10/06/2023

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,128 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 12
  • Assessor Parcel Number 2233005018
  • $385 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Community Lake

Recreation

  • Golf Course Community
  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Operating Expense $1,500
  • Gross Income $3,367
  • Net Operating Income $3,367

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2233005018
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 374.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Golf, Lake, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6128.00
  • Lot Size Acres: 0.1407

Multi Family

  • Gross Income: 3367.00
  • Gross Scheduled Income: 3367.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6128.0000 Square Feet
  • Net Operating Income: 3367.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 1500.00

Tax Info

  • Tax Census Tract: 1276.06
  • Tax Lot: 35
  • Tax Tract Number: 12
  • TaxOtherAnnualAssessmentAmount: 385.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Mar 27, 2024
Sold by
Gutierrez Luis
Bought by
Truong Xuan H
Seller's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
List Price
$785,000
Sold Price
$785,000
Views
55
Current Estimated Value
$834,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,042
Avg. Annual Appreciation
3.42%
Original Mortgage
$667,250
Outstanding Balance
$657,070
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$176,972

Purchase Details

Closed on
Nov 1, 2019
Sold by
Rickampm Llc
Bought by
Sarmiento Richard W

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
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2019
Sold by
Sarmiento Richard W
Bought by
Rickampm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 15, 2019
Sold by
Khachatourian Robert
Bought by
Sarmiento Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 19, 2007
Sold by
Khachatourian Robert and Maw Roger
Bought by
Khachatourian Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Flores Cecilia
Bought by
Khachatourian Robert and Maw Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 23, 2005
Sold by
Khachatourian Anna
Bought by
Khachatourian Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2003
Sold by
Taevanitcharoen Somehi and Taevanitcharoen Joy A
Bought by
Flores Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Truong Xuan H -- Lawyers Title
Truong Xuan H $785,000 Lawyers Title
Sarmiento Richard W -- First American Title Company
Rickampm Llc -- None Available
Sarmiento Richard W $680,000 Priority Title Company
Khachatourian Robert -- Financial Title
Khachatourian Robert -- Financial Title
Khachatourian Robert $550,000 Southland Title Corporation
Khachatourian Robert -- Southland Title Corporation
Flores Cecilia $350,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Xuan H $667,250
Previous Owner Sarmiento Richard W $573,750
Previous Owner Sarmiento Richard W $390,000
Previous Owner Khachatourian Robert $432,250
Previous Owner Khachatourian Robert $385,000
Previous Owner Flores Cecilia $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $785,000 0.0% $374 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/18/2023 12/18/23 Off Market $785,000 -- --
12/13/2023 12/13/23 For Sale $785,000 0.0% $374 / Sq Ft
11/13/2023 11/13/23 Off Market $785,000 -- --
11/11/2023 11/11/23 For Sale $785,000 0.0% $374 / Sq Ft
10/11/2023 10/11/23 Off Market $785,000 -- --
10/06/2023 10/06/23 For Sale $785,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,525 $800,700 $489,600 $311,100
2024 $9,525 $761,261 $455,685 $305,576
2023 $9,343 $746,335 $446,750 $299,585
2022 $8,913 $731,702 $437,991 $293,711
2021 $8,800 $717,355 $429,403 $287,952
2020 $8,690 $693,600 $418,200 $275,400
2019 $1 $679,899 $440,517 $239,382
2018 $8,231 $666,569 $431,880 $234,689
2016 $7,268 $591,000 $384,000 $207,000
2015 $7,269 $591,000 $384,000 $207,000
2014 $6,950 $550,000 $357,000 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23187292

California Regional Multiple Listing Service (CRMLS)

APN: 2233-005-018