Seller's Agent in 2024
Amy Weber
COMPASS
(818) 568-4243
67 Total Sales
16419 Victory Blvd van Nuys, CA 91406
Estimated Value: $886,000 - $1,033,636
0.15
Acres
$6,470,669
Price per Acre
6,446
Sq Ft Lot
About This Lot
As of November 2024Back on market, no fault of sellers. Unlock the potential of this RTI (Ready-to-Issue) development opportunity adjacent to beautiful Lake Balboa. This exceptional offering includes a full set of meticulously designed architectural plans for a 5-unit apartment building, featuring four spacious units plus an Additional Dwelling Unit (ADU). The proposed development includes a total of 6,548 square feet of modern living space on a generous 7,835 square foot lot. The plans also call for a 4-car garage for a convenient and secure parking option as well as alley access for ease of entry and exit. This opportunity is RTI ready. All permits and plans are approved and ready to build, saving you time and hassle. The land comes with detailed and professionally designed architectural plans for optimal functionality and aesthetic appeal. Investors can benefit from no rent control due to new construction. The plans appeal to tenants looking for modern, brand-new living spaces which can easily garner top rental prices. All the heavy lifting has been done, just step in and start building! Photos are renderings based off of the architectural plans.
Last Agent to Sell the Property
COMPASS Brokerage Email: amyweberre@gmail.com License #01946366 Listed on: 06/20/2024
Co-Listed By
Regional Real Estate Brokerage Email: amyweberre@gmail.com License #02014010
Property Details
Property Type
- Land
Lot Details
- 6,446 Sq Ft Lot
- No Sprinklers
- Property is zoned LAR3
Utilities
- Water Not Available
Listing and Financial Details
- Assessor Parcel Number 2231005029
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
Listed on
Jun 20, 2024
Closed on
Nov 12, 2024
Sold by
Bought by
Seller's Agent
Amy Weber
COMPASS
List Price
$1,400,000
Sold Price
$1,000,000
Premium/Discount to List
-$400,000
-28.57%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,341
Avg. Annual Appreciation
-2.68%
Purchase Details
Closed on
Jul 26, 2023
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
$1,100,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 26, 2021
Closed on
Jun 9, 2021
Sold by
Bought by
Seller's Agent
Raffi Soualian
JohnHart Real Estate
Buyer's Agent
Raffi Soualian
JohnHart Real Estate
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%
Original Mortgage
$900,000
Interest Rate
2.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2018
Sold by
Bought by
Purchase Details
Listed on
Jun 17, 2015
Closed on
Jul 1, 2015
Sold by
Bought by
Seller's Agent
George Kpachavi
LPT Realty, Inc
Buyer's Agent
George Kpachavi
LPT Realty, Inc
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Purchase Details
Closed on
Sep 26, 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
$208,000
Interest Rate
6.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2005
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
$197,694
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 29, 2004
Sold by
Bought by
Purchase Details
Closed on
Jan 28, 2004
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
$170,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,000,000 | Wfg National Title | ||
| $1,000,000 | Wfg National Title | ||
| $1,100,000 | Provident Title Company | ||
| $1,000,000 | Lawyers Title | ||
| -- | None Available | ||
| $515,000 | Pacific Coast Title | ||
| -- | United Title Company | ||
| -- | Lsi Title Company | ||
| -- | -- | ||
| -- | Fidelity National Financial |
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 |
|---|---|---|---|
| Previous Owner | $1,100,000 | ||
| Previous Owner | $900,000 | ||
| Previous Owner | $208,000 | ||
| Previous Owner | $197,694 | ||
| Previous Owner | $170,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $1,000,000 | 0.0% | $980 / Sq Ft | |
| 09/04/2024 09/04/24 | Price Changed | $1,000,000 | -16.7% | $980 / Sq Ft | |
| 08/01/2024 08/01/24 | Price Changed | $1,200,000 | -14.3% | $1,176 / Sq Ft | |
| 06/20/2024 06/20/24 | For Sale | $1,400,000 | +40.0% | $1,373 / Sq Ft | |
| 07/29/2021 07/29/21 | Sold | $1,000,000 | -20.0% | $980 / Sq Ft | View Prior Sale |
| 05/26/2021 05/26/21 | For Sale | $1,250,000 | +142.7% | $1,225 / Sq Ft | |
| 08/06/2015 08/06/15 | Sold | $515,000 | +3.0% | $505 / Sq Ft | View Prior Sale |
| 06/20/2015 06/20/15 | Pending | -- | -- | -- | |
| 06/17/2015 06/17/15 | For Sale | $499,999 | -- | $490 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $11,949 | $1,000,000 | $1,000,000 | -- |
| 2024 | $13,381 | $1,100,000 | $1,100,000 | -- |
| 2023 | $12,418 | $1,020,000 | $1,020,000 | $0 |
| 2022 | $8,048 | $668,100 | $510,000 | $158,100 |
| 2021 | $6,854 | $561,658 | $412,226 | $149,432 |
| 2020 | $6,923 | $555,900 | $408,000 | $147,900 |
| 2019 | $6,651 | $545,000 | $400,000 | $145,000 |
| 2018 | $6,555 | $535,806 | $416,160 | $119,646 |
| 2016 | $6,266 | $515,000 | $400,000 | $115,000 |
| 2015 | $2,125 | $167,579 | $82,124 | $85,455 |
| 2014 | -- | $164,298 | $80,516 | $83,782 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Weber
-
Maria Moreno
Seller Co-Listing Agent in 2024
Maria Moreno
Regional Real Estate
(562) 207-7449
12 Total Sales
-
Raffi Soualian
Seller's Agent in 2021
Raffi Soualian
JohnHart Real Estate
(818) 464-5819
108 Total Sales
-
George Kpachavi
Seller's Agent in 2015
George Kpachavi
LPT Realty, Inc
(310) 525-0528
357 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-18159
APN: 2231-005-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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