NOT LISTED FOR SALE

16007 Victory Blvd van Nuys, CA 91406

Van Nuys Area

Estimated Value: $1,214,231 - $1,375,000

6 Beds
4 Baths
4,036 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2022

Last sale price $1,200,000 $297 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,383 / mo

81 Days on Market

Highlights

  • Golf Course Community
  • Property is near park
  • Hiking Trails
  • Community Lake
  • No HOA
  • Park

About This Home

As of May 2022

Make an offer price is flexible! Well maintained 2 story building in the Lake Balboa area. Spacious interiors with approximately 4,036 sq. feet of living space. Recent property upgrades include new exterior paint. Two units have been renovated with newer kitchens including dishwashers, newer bathroom vanities, and new bathtubs with tiled wall enclosures. Also, featuring fireplaces in 2 of the units, carpet and or ceramic tile flooring The apartments consist of two 2 bedroom/1 bathroom units and two 1 bedroom/1 bathroom units. The property was built in 1953 and is set on a 5998 sq. ft. lot per assessor. The building amenities include security gated and fenced building, four car enclosed parking garages, laundry room(owner owned equipment ) and large storage room. Individual water heaters in each unit and separately metered for gas & electricity. The units have varying floor plans and amenities. The property is Located across from the Lake Balboa, Woodley lakes Golf Course, convenient accessibility to101 and 405 freeways, retail amenities, dining options, and nearby recreation & entertainment venues.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 03/07/2022

Keller Williams Realty Calabasas

Last Buyer's Agent

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 03/07/2022

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,998 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex

Interior Spaces

  • 4,036 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 12712
  • Assessor Parcel Number 2233023014
  • $514 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $208
  • Gardener Expense $600
  • Insurance Expense $1,301
  • Maintenance Expense $2,400
  • Water Sewer Expense $4,441
  • New Taxes Expense $18,438
  • Operating Expense $27,388
  • Gross Income $73,458
  • Net Operating Income $43,866

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

5,998 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 4441.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2233023014
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 297.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Golf, Hiking, Lake, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Park Nearby, Paved
  • Lot Size Sq Ft: 5998.00
  • Lot Size Acres: 0.1377

Multi Family

  • Fuel Expense: 208.00
  • Gross Income: 73458.00
  • Gross Scheduled Income: 73458.00
  • Insurance Expense: 1301.00
  • Laundry Income: 700.00
  • Lot Size Area: 5998.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 43866.42
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 27387.80
  • Rent Control: Yes
  • Total Expenses: 27387.80
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18438.00
  • Tax Census Tract: 1276.05
  • Tax Lot: 14
  • Tax Tract Number: 12712
  • TaxOtherAnnualAssessmentAmount: 514.00

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

Closed on
Oct 5, 2022
Sold by
Bought by
Current Estimated Value
$1,306,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
0.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2022
Closed on
May 24, 2022
Sold by
Bought by
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Anie Mayelian
Keller Williams Realty Calabasas
List Price
$1,495,000
Sold Price
$1,200,000
Premium/Discount to List
-$295,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$900,000
Interest Rate
0.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2015
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
$542,500
Interest Rate
0.0394%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2015
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
$542,500
Interest Rate
0.0394%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2014
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
$75,500
Interest Rate
0.0435%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2011
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
$479,000
Interest Rate
0.0445%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 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
$500,000
Interest Rate
0.0617%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 1999
Sold by
Bought by
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

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
-- First American Title Company O
$1,200,000 Lawyers Title
-- None Available
-- Usa National Title Company
$792,500 Usa National Title Company
-- Nextitle
-- Accommodation
$662,000 North American Title Co Inc
-- Advantage Title Company
-- North American Title Co
-- Accommodation
-- --
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 $840,000
Previous Owner $900,000
Previous Owner $542,500
Previous Owner $75,500
Previous Owner $479,000
Previous Owner $500,000
Previous Owner $196,000
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
05/31/2022 05/31/22 Sold $1,200,000 -18.6% $297 / Sq Ft
03/11/2022 03/11/22 Price Changed $1,475,000 -1.3% $365 / Sq Ft
03/07/2022 03/07/22 For Sale $1,495,000 -- $370 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,429 $1,248,480 $499,392 $749,088
2024 $15,237 $1,224,000 $489,600 $734,400
2023 $15,234 $1,224,000 $489,600 $734,400
2022 $11,043 $900,777 $543,813 $356,964
2021 $10,892 $883,115 $533,150 $349,965
2019 $10,571 $972,774 $582,624 $390,150
2018 $10,446 $840,123 $507,195 $332,928
2016 $9,958 $807,500 $487,500 $320,000
2015 $8,382 $675,226 $371,272 $303,954
2014 $8,431 $662,000 $364,000 $298,000
Source: Public Records

Agents Affiliated with this Home

  • Anie Mayelian

    Seller's Agent in 2022

    Anie Mayelian

    Keller Williams Realty Calabasas

    (818) 915-9118

    26 Total Sales

    Anie Mayelian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22045082

California Regional Multiple Listing Service (CRMLS)

APN: 2233-023-014

California Los Angeles County Van Nuys 91406

16007 Victory Blvd, Van Nuys, CA

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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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