$1,150,000
SOLD OCT 25, 2024
6 Beds
3 Baths
2,639 Sq Ft
0.69 Acres

Recently Sold

$436 Per Sq Ft

27% Below List Price

74 Days on Market

About This Home

As of October 2024

Rare find – Excellent investment/development opportunity! 29,927 sq ft lot, 100’ x 300’ zoned Triplex on R1 available in a prime area of Van Nuys. Lot currently contains three single-family detached homes each with separate addresses. There are numerous lot split developments in the area. Centrally located near shopping, dining, and nearby access to the 405 freeway. Don’t miss out on this great location and development opportunity!

Last Agent to Sell the Property

Jordan Tanner

Realty Executives Homes Brokerage Phone: 3109049397 License #01954359 Listed on: 07/22/2024

Realty Executives Homes

Last Buyer's Agent

Jordan Tanner

Realty Executives Homes Brokerage Phone: 3109049397 License #01954359 Listed on: 07/22/2024

Realty Executives Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,382

Year Built

  • Built in 1931

Lot Details

  • 0.69 Acre Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,639 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 12 / C
  • Tax Tract Number 6148
  • Assessor Parcel Number 2224026015
  • $905 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,382

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 433300
  • Property Attached: No
  • Zoning: LAR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2224026015
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 435.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29934.00
  • Lot Size Acres: 0.6872

Multi Family

  • Lot Size Area: 29934.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: C
  • Tax Census Tract: 1276.03
  • Tax Lot: 12
  • Tax Tract Number: 6148
  • TaxOtherAnnualAssessmentAmount: 905.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Oct 22, 2024
Sold by
Danielyan Inesa
Bought by
Grigoryan Sarkis
Seller's Agent
Jordan Tanner
Realty Executives Homes
Buyer's Agent
Jordan Tanner
Realty Executives Homes
List Price
$1,575,000
Sold Price
$1,150,000
Premium/Discount to List
-$425,000
-26.98%
Views
23
Current Estimated Value
$1,157,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,700
Avg. Annual Appreciation
0.63%
Original Mortgage
$920
Outstanding Balance
$915
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$1,154,499

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 25, 2024
Sold by
Stell Family Trust and C & G Stell Trust
Bought by
Grigoryan Sarkis
Seller's Agent
Jordan Tanner
Realty Executives Homes
Buyer's Agent
Jordan Tanner
Realty Executives Homes
List Price
$1,575,000
Sold Price
$1,150,000
Premium/Discount to List
-$425,000
-26.98%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920
Outstanding Balance
$915
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$1,154,499

Purchase Details

Closed on
Jul 8, 2021
Sold by
Stell Christopher B
Bought by
Stell Christopher B and The Stell Living Trust

Purchase Details

Closed on
Aug 7, 2019
Sold by
Stell
Bought by
Stekk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.75%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Stell Michael C
Bought by
Stell Michael C and Stell Danielle A
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

Date Type Sale Price Title Company
Quit Claim Deed -- Orange Coast Title Company
Grant Deed $1,150,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $920 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $1,150,000 -11.5% $436 / Sq Ft
10/23/2024 10/23/24 Price Changed $1,299,900 +13.0% $493 / Sq Ft
10/18/2024 10/18/24 Sold $1,150,000 -11.5% $436 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
10/04/2024 10/04/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $1,299,900 0.0% $493 / Sq Ft
08/20/2024 08/20/24 Price Changed $1,299,900 -17.5% $493 / Sq Ft
07/22/2024 07/22/24 For Sale $1,575,000 0.0% $597 / Sq Ft
07/22/2024 07/22/24 For Sale $1,575,000 -- $597 / 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
2024 $5,382 $373,211 $133,964 $239,247
2023 $5,293 $365,894 $131,338 $234,556
2022 $5,079 $358,720 $128,763 $229,957
2021 $5,011 $351,688 $126,239 $225,449
2020 $5,051 $348,083 $124,945 $223,138
2019 $4,881 $341,259 $122,496 $218,763
2018 $4,619 $334,569 $120,095 $214,474
2016 $4,407 $321,580 $115,433 $206,147
2015 $4,350 $316,751 $113,700 $203,051
2014 $4,394 $310,547 $111,473 $199,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24149868

California Regional Multiple Listing Service (CRMLS)

APN: 2224-026-015