NOT LISTED FOR SALE

16023 Cantlay St van Nuys, CA 91406

9 Beds
8 Baths
5,204 Sq Ft
6,000 Sq Ft Lot Lot

Sale Details

Date Sold: January 17, 2018

Last sale price $1,110,000 $213 Per Sq Ft

3 Days on Market

About This Home

As of January 2018

Great cash flow 7 Unit property in Van Nuys /Lake Balboa area.

Last Agent to Sell the Property

Martha Carrasco

Pinnacle Estate Properties License #01734066 Listed on: 11/17/2017

Pinnacle Estate Properties

Last Buyer's Agent

Martha Carrasco

Pinnacle Estate Properties License #01734066 Listed on: 11/17/2017

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,000 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • 5,204 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 8094
  • Assessor Parcel Number 2206034018

Community Details

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Insurance Expense $2,637
  • Other Expense $2,522
  • Pest Control $588
  • Trash Expense $1,737
  • Water Sewer Expense $4,644
  • New Taxes Expense $10,169
  • Operating Expense $26,941
  • Gross Income $84,096
  • Net Operating Income $57,155

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,000 Sq Ft Lot

Listing Details

  • CapRate: 4.97
  • Property Attached: No
  • Water Sewer Expenses: 4644.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2206034018
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 213.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 588.00
  • Sewer: Public Sewer
  • Trash Expense: 1737.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6000.00

Multi Family

  • Gross Income: 84096.00
  • Gross Scheduled Income: 84096.00
  • Insurance Expense: 2637.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 57155.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 26941.00
  • Other Expense: 2522.00
  • Other Expense Description: Repair
  • Rent Control: No
  • Total Actual Rent: 7008.27
  • Total Expenses: 26941.00

Tax Info

  • New Taxes Expense: 10169.00
  • Tax Census Tract: 1274.00
  • Tax Lot: 18
  • Tax Tract Number: 8094
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/17/2018 01/17/18 Sold $1,110,000 -3.5% $213 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $1,150,000 -- $221 / 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 $16,049 $1,258,866 $519,566 $739,300
2024 $15,837 $1,234,183 $509,379 $724,804
2023 $15,543 $1,209,985 $499,392 $710,593
2022 $14,847 $1,186,260 $489,600 $696,660
2021 $14,694 $1,166,807 $467,774 $699,033
2020 $14,834 $1,154,844 $462,978 $691,866
2019 $14,270 $1,132,200 $453,900 $678,300
2018 $10,430 $799,712 $327,381 $472,331
2016 $9,899 $768,660 $314,669 $453,991
2015 $9,763 $757,115 $309,943 $447,172
2014 $9,835 $742,285 $303,872 $438,413
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17260303

California Regional Multiple Listing Service (CRMLS)
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