NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,080,000

3 Beds
2 Baths
1,232 Sq Ft
$818/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $742,000 $602 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,317/month

27 Days on Market

Highlights

  • Above Ground Spa
  • Contemporary Architecture
  • Wood Flooring
  • Community Lake
  • Property is near a park
  • High Ceiling

About This Home

As of November 2020

Well maintained duplex in the West Van Nuys Neighborhood. Separate garage is permitted as a rec room. Gas & Water hook ups are available for new updates of the garage. Copper Plumbing, updated windows. Property is ready for investors. Tenants are currently month to month and current on rent. Tenant in 2 bedroom unit willing to move out. Grass is artificial, saving on water usage! Roof protection to keep attic temperature down. Security camera's, various furniture in each unit and the Rec room, Hot Tub, included with the property

Last Agent to Sell the Property

Adam Medina

Primestar Properties License #01718536 Listed on: 09/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,845

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,135 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Water-Smart Landscaping
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Parking Deck
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Living Room
  • Closed Circuit Camera
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Above Ground Spa
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 9
  • Tax Tract Number 18219
  • Assessor Parcel Number 2231010064

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Community Lake

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Insurance Expense $1,800
  • Water Sewer Expense $900
  • New Taxes Expense $9,375
  • Operating Expense $12,975
  • Gross Income $44,280
  • Net Operating Income $18,018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,845

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Maintained
  • Security: Closed Circuit Camera(s)
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: LARD2
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2231010064
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Granite Counters, High Ceilings, Stone Counters, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 602.27
  • Room Type: All Bedrooms Down, Living Room
  • Spa Features: Above Ground
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Deck, Concrete, Garage Faces Rear
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Water Heater
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Lake, Park, Storm Drains, Street Lights

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 6135.00
  • Lot Size Acres: 0.1408

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 44280.00
  • Gross Scheduled Income: 44280.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6135.0000 Square Feet
  • Net Operating Income: 18018.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 26262.00
  • Rent Control: Yes
  • Total Actual Rent: 3690.00
  • Total Expenses: 12975.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Census Tract: 1321.01
  • Tax Lot: 9
  • Tax Tract Number: 18219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Gaer Timothy M and Gaer Jeffery
Bought by
Gaer Timothy M
Current Estimated Value
$1,004,051

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 3, 2020
Sold by
Violano Kirk
Bought by
Gaer Timothy and Gaer Jeffery
Seller's Agent
Adam Medina
Primestar Properties
List Price
$749,999
Sold Price
$742,000
Premium/Discount to List
-$7,999
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$630,700
Outstanding Balance
$563,788
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$444,289

Purchase Details

Listed on
Apr 10, 2014
Closed on
Sep 18, 2014
Sold by
Lima Arnoldo
Bought by
Fajtlowicz Mindla
Seller's Agent
angela forgo
Compass
Buyer's Agent
Shaun Azer
List Price
$439,000
Sold Price
$375,000
Premium/Discount to List
-$64,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$300,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2014
Closed on
Aug 29, 2014
Sold by
Fajtlowicz Mindla and The Mindla Fajtlowicz Family T
Bought by
Violano Kirk
Seller's Agent
angela forgo
Compass
Buyer's Agent
Shaun Azer
List Price
$439,000
Sold Price
$375,000
Premium/Discount to List
-$64,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2013
Sold by
Fajtlowicz Mindla
Bought by
The Mindla Fajtlowicz Family Living Trus

Purchase Details

Closed on
Oct 26, 2010
Sold by
Citibank Na
Bought by
Fajtlowicz Mindla

Purchase Details

Closed on
Apr 7, 2010
Sold by
Bernasconi Rene and Novak Athena
Bought by
Citibank Na

Purchase Details

Closed on
Mar 19, 2008
Sold by
Bernasconi Rene and Novak Athena
Bought by
Lake Balboa Vistas Llc

Purchase Details

Closed on
Sep 26, 2006
Sold by
Nabonsal Jedd
Bought by
Bernasconi Rene and Novak Athena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2000
Sold by
Ward Ursula V
Bought by
Nabonsal Jedd
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gaer Timothy M -- None Available
Gaer Timothy $742,000 First American Title Company
Fajtlowicz Mindla -- Lawyers Title
Violano Kirk $375,000 Lawyers Title
The Mindla Fajtlowicz Family Living Trus -- None Available
Fajtlowicz Mindla $290,000 None Available
Citibank Na $335,000 Accommodation
Lake Balboa Vistas Llc -- Accommodation
Bernasconi Rene -- Ort
Nabonsal Jedd -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaer Timothy $630,700
Previous Owner Violano Kirk $345,000
Previous Owner Violano Kirk $300,000
Previous Owner Bernasconi Rene $108,000
Previous Owner Bernasconi Rene $432,000
Previous Owner Nabonsal Jedd $97,500
Previous Owner Nabonsal Jedd $191,250
Previous Owner Nabonsal Jedd $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $742,000 -1.1% $602 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $749,999 +100.0% $609 / Sq Ft
10/02/2014 10/02/14 Sold $375,000 -5.8% $311 / Sq Ft
07/18/2014 07/18/14 Price Changed $398,000 -6.1% $330 / Sq Ft
06/16/2014 06/16/14 Price Changed $424,000 -3.4% $352 / Sq Ft
04/10/2014 04/10/14 For Sale $439,000 -- $364 / 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 $9,845 $818,316 $573,688 $244,628
2024 $9,845 $802,272 $562,440 $239,832
2023 $9,654 $786,542 $551,412 $235,130
2022 $9,204 $771,120 $540,600 $230,520
2021 $9,009 $742,000 $520,000 $222,000
2020 $5,148 $412,096 $304,293 $107,803
2019 $4,949 $404,017 $298,327 $105,690
2018 $4,839 $396,096 $292,478 $103,618
2016 $4,587 $380,718 $281,122 $99,596
2015 $4,519 $375,000 $276,900 $98,100
2014 $3,838 $303,084 $179,029 $124,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20195832

California Regional Multiple Listing Service (CRMLS)

APN: 2231-010-064