NOT LISTED FOR SALE

15906 Devonshire St Granada Hills, CA 91344

Estimated Value: $989,000 - $1,361,453

5 Beds
3 Baths
2,165 Sq Ft
$551/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $840,000 $388 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,397/month

161 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.41 Acre Lot
  • Laundry Room
  • Vintage Math, Science, and Technology Magnet School Rated A-
  • No HOA
  • 2 Car Garage

About This Home

As of April 2019

Located in a convenient location, close to schools, shops and quick freeway access, this is a 2 units duplex with a 2 car detached garage that generate an impressive income. The units share the automatic gate entrance but has their designated parking spaces.
FRONT UNIT (address 15906): a charming original but upgraded Spanish style home has 2 beds, 1 bath and a beautiful hardwood floor. There are a total of 3 dual units installed in this home, making it comfortable for any tenant. The fence between the units separate the units and provide much privacy for the tenants. This units brings in $2,400/month
BACK UNIT (address 15904): a newly completed detached home built in 2017 is a modern home with beautiful stone finish. This spacious open floor plan home has 3 beds, 2 bath, central air, fully upgraded and tiled throughout. This home currently generate $2,600/month.
GARAGE: 2 car detached garage was built and finished in 2017. The city of LA might allow permit to convert the garage to a living space. Buyer/agent must confirm with city of LA regarding permit.**

Last Agent to Sell the Property

May Phan

King Realty Group Inc License #02026356 Listed on: 09/28/2018

Last Buyer's Agent

Thalia Donahoe

Keller Williams North Valley License #01419275

Keller Williams North Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,114

Year Built

  • Built in 1933

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,165 Sq Ft Home
  • Duplex
  • Turnkey

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Tenant pays for all utilities, sewer, water
  • Tax Lot 2
  • Tax Tract Number 22113
  • Assessor Parcel Number 2669002019

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $692
  • New Taxes Expense $11,727
  • Operating Expense $12,419
  • Gross Income $60,000
  • Net Operating Income $54,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,114

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.18
  • Property Attached: No
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2669002019
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 387.99
  • Room Type: Master Bedroom, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Electric Dryer Hookup, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 17859.60
  • Lot Size Acres: 0.4100

Rental Info

  • Tenant Pays: All Utilities, Sewer, Water

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 692.00
  • Lot Size Area: 17859.6000 Square Feet
  • Net Operating Income: 54140.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 3
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 5860.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 12419.00

Tax Info

  • New Taxes Expense: 11727.00
  • Tax Lot: 2
  • Tax Tract Number: 22113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2019
Sold by
Michelet Ana Maria
Bought by
Agm And Associates Llc
Current Estimated Value
$1,192,613

Purchase Details

Listed on
Sep 28, 2018
Closed on
Mar 13, 2019
Sold by
Djie Tony
Bought by
Michelet Ana Maria
Seller's Agent
May Phan
King Realty Group Inc
Buyer's Agent
Thalia Donahoe
Keller Williams North Valley
List Price
$939,999
Sold Price
$840,000
Premium/Discount to List
-$99,999
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$620,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2014
Closed on
Dec 8, 2014
Sold by
Djie Monita
Bought by
Djie Tony
Seller's Agent
Douglas Sedam
Oak Tree Realty
Buyer's Agent
Douglas Sedam
Oak Tree Realty
List Price
$595,000
Sold Price
$400,000
Premium/Discount to List
-$195,000
-32.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%

Purchase Details

Listed on
Dec 9, 2014
Closed on
Dec 5, 2014
Sold by
Adler William W
Bought by
Djie Tony
Seller's Agent
Douglas Sedam
Oak Tree Realty
Buyer's Agent
Douglas Sedam
Oak Tree Realty
List Price
$595,000
Sold Price
$400,000
Premium/Discount to List
-$195,000
-32.77%

Purchase Details

Listed on
Dec 9, 2014
Closed on
Dec 4, 2014
Sold by
Alder Shirley Anne
Bought by
Alder William W
Seller's Agent
Douglas Sedam
Oak Tree Realty
Buyer's Agent
Douglas Sedam
Oak Tree Realty
List Price
$595,000
Sold Price
$400,000
Premium/Discount to List
-$195,000
-32.77%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Adler Paula A
Bought by
Adler William W

Purchase Details

Closed on
Jul 26, 2013
Sold by
Adler Paula A
Bought by
Adler William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2013
Sold by
Adler Paula A
Bought by
Adler Paula A and Adler William W

Purchase Details

Closed on
Oct 31, 2001
Sold by
Adler Paula A
Bought by
Adler Paula A and The Wolf Adler Trust

Purchase Details

Closed on
Jun 13, 1995
Sold by
Adler Paula Ann
Bought by
Adler Paula A and The Wolf Adler Trust
Source: Public Records

Range of Values:

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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
Agm And Associates Llc -- None Available
Michelet Ana Maria $840,000 Wfg National Title Company
Djie Tony -- First American Title Company
Djie Tony $400,000 First American Title Company
Alder William W -- First American Title Company
Adler William W -- First American Title Company
Adler William W -- American Coast Title
Adler Paula A -- None Available
Adler Paula A -- None Available
Adler Paula A -- --
Adler Paula A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michelet Ana Maria $620,200
Previous Owner Adler William W $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $840,000 -4.0% $388 / Sq Ft
01/04/2019 01/04/19 Price Changed $874,887 0.0% $404 / Sq Ft
12/26/2018 12/26/18 Price Changed $874,888 0.0% $404 / Sq Ft
12/15/2018 12/15/18 Price Changed $874,998 0.0% $404 / Sq Ft
12/11/2018 12/11/18 Price Changed $874,999 0.0% $404 / Sq Ft
11/26/2018 11/26/18 Price Changed $875,000 -2.2% $404 / Sq Ft
11/01/2018 11/01/18 Price Changed $895,000 -0.1% $413 / Sq Ft
10/11/2018 10/11/18 Price Changed $895,999 -4.7% $414 / Sq Ft
09/28/2018 09/28/18 For Sale $939,999 0.0% $434 / Sq Ft
09/04/2018 09/04/18 Rented $2,400 0.0% --
08/23/2018 08/23/18 Under Contract -- -- --
07/16/2018 07/16/18 For Rent $2,399 0.0% --
12/18/2014 12/18/14 Sold $400,000 -32.8% $401 / Sq Ft View Prior Sale
12/12/2014 12/12/14 Pending -- -- --
12/09/2014 12/09/14 For Sale $595,000 -- $596 / 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 $13,114 $1,073,957 $644,156 $429,801
2024 $13,114 $1,052,900 $631,526 $421,374
2023 $12,863 $1,032,256 $619,144 $413,112
2022 $12,271 $1,012,016 $607,004 $405,012
2021 $12,119 $992,173 $595,102 $397,071
2020 $12,240 $982,000 $589,000 $393,000
2019 $7,149 $430,952 $377,084 $53,868
2018 $5,283 $422,503 $369,691 $52,812
2016 $5,051 $406,099 $355,337 $50,762
2015 $4,979 $400,000 $350,000 $50,000
2014 $784 $52,557 $22,380 $30,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18230356

California Regional Multiple Listing Service (CRMLS)

APN: 2669-002-019