L
Seller's Agent in 2019
Levon Nargizyan
HouseIQ
(818) 786-5511
2 in this area
11 Total Sales
16745 Sherman Way van Nuys, CA 91406
Estimated Value: $1,197,000 - $1,326,000
4
Beds
4
Baths
2,076
Sq Ft
$602/Sq Ft
Est. Value
Highlights
- No HOA
- 4 Car Garage
- 1-Story Property
- Laundry Room
- Rectangular Lot
About This Home
As of December 2019Please Do Not Disturb Tenants. Drive by Only. Property has Up~graded Electrical Panel & All Four Units have been Rewired. Roof is about 10 yrs old. Building has Security Cameras with a 30 day Recorder hard Drive. All tenants are long term tenants. Two units have been Fully remodeled, the other two are just updated. This Multifamily investment consists of 4 Units 1 Bedroom +1 bathroom. The property is subject to rent control with tremendous rental upside. Located in a high demand rental location. Excellent opportunity for an Investor/Developer
Co-Listed By
Mohammad Diab
No Firm Affiliation License #01882075
Last Buyer's Agent
Natasha Kuaea
CURB License #02017804
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 7,000 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,076 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 9155
- Assessor Parcel Number 2226019005
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $975
- Gardener Expense $50
- Insurance Expense $1,750
- Trash Expense $540
- Water Sewer Expense $635
- New Taxes Expense $11,823
- Operating Expense $15,773
- Gross Income $4,513
- Net Operating Income $51,941
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2019
Sold by
Urban Property Management Llc
Bought by
Grigoryan Ani
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,350
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2018
Sold by
Diab Mohammad S
Bought by
Urhan Propery Mgmt Llc
Purchase Details
Listed on
Mar 9, 2018
Closed on
Feb 27, 2018
Sold by
Mrcde Llc
Bought by
Diab Mohammad S and Khacheryan Lusine
Seller's Agent
Edwin Escamilla
Pacific-Realtors.net
List Price
$855,000
Sold Price
$855,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$641,250
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2011
Sold by
Mejia Mayra V
Bought by
Mrcde Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2011
Sold by
Mejia Mayra
Bought by
Mejia Mayra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2010
Sold by
Mrcde Llc
Bought by
Mejia Mayra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2005
Sold by
Mejia Mayra
Bought by
Mrcde Llc
Purchase Details
Closed on
Dec 18, 2003
Sold by
Toliyat Mansour and Yaghoobi Leonard
Bought by
Mejia Mayra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2002
Sold by
Theodorou Mario P and Theodorou Smaragda
Bought by
Toliyat Mansour
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.37%
Purchase Details
Closed on
Feb 23, 1994
Sold by
Theodorou Mario P and Theodorou Simona Maria
Bought by
Theodorou Mario P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.09%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grigoryan Ani | $890,000 | Chicago Title | |
| Urhan Propery Mgmt Llc | -- | None Available | |
| Diab Mohammad S | $855,000 | Lawyers Title Vn | |
| Mrcde Llc | -- | Accommodation | |
| Mejia Mayra | -- | Chicago Title Company | |
| Mejia Mayra | -- | Lsi Local Solutions | |
| Mrcde Llc | -- | -- | |
| Mejia Mayra | $485,000 | Old Republic Title Company | |
| Yaghoobi Leonard | -- | Old Republic Title Company | |
| Toliyat Mansour | -- | Old Republic Title Company | |
| Toliyat Mansour | $270,000 | Old Republic Title Company | |
| Theodorou Mario P | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grigoryan Ani | $667,350 | |
| Previous Owner | Diab Mohammad S | $641,250 | |
| Previous Owner | Mejia Mayra | $233,000 | |
| Previous Owner | Mejia Mayra | $240,000 | |
| Previous Owner | Mejia Mayra | $360,000 | |
| Previous Owner | Toliyat Mansour | $216,000 | |
| Previous Owner | Theodorou Mario P | $117,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/23/2019 12/23/19 | Sold | $889,800 | -5.9% | $429 / Sq Ft | |
| 09/17/2019 09/17/19 | Pending | -- | -- | -- | |
| 07/09/2019 07/09/19 | For Sale | $945,999 | +10.6% | $456 / Sq Ft | |
| 03/27/2018 03/27/18 | Sold | $855,000 | 0.0% | $412 / Sq Ft | View Prior Sale |
| 02/25/2018 02/25/18 | Pending | -- | -- | -- | |
| 03/12/2017 03/12/17 | For Sale | $855,000 | -- | $412 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,178 | $973,122 | $389,336 | $583,786 |
| 2024 | $12,024 | $954,042 | $381,702 | $572,340 |
| 2023 | $11,796 | $935,336 | $374,218 | $561,118 |
| 2022 | $11,259 | $916,997 | $366,881 | $550,116 |
| 2021 | $11,121 | $899,018 | $359,688 | $539,330 |
| 2020 | $11,231 | $890,360 | $356,000 | $534,360 |
| 2019 | $10,793 | $872,660 | $346,800 | $525,860 |
| 2018 | $7,679 | $606,588 | $224,917 | $381,671 |
| 2016 | $7,338 | $582,497 | $216,184 | $366,313 |
| 2015 | $7,235 | $573,748 | $212,937 | $360,811 |
| 2014 | $7,282 | $562,510 | $208,766 | $353,744 |
Source: Public Records
Agents Affiliated with this Home
-
Levon Nargizyan
-
M
Seller Co-Listing Agent in 2019
Mohammad Diab
No Firm Affiliation
-
N
Buyer's Agent in 2019
Natasha Kuaea
CURB
-
E
Seller's Agent in 2018
Edwin Escamilla
Pacific-Realtors.net
-
O
Seller Co-Listing Agent in 2018
Oralia Nunez
Pacific-Realtors.net
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19162222
APN: 2226-019-005
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.
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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