NOT LISTED FOR SALE

16751 Victory Blvd van Nuys, CA 91406

Estimated Value: $1,756,000 - $2,328,000

12 Beds
8 Baths
4,752 Sq Ft
$428/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $1,850,000 $389 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,625/month

43 Days on Market

About This Home

As of January 2022

This home is located at 16751 Victory Blvd, van Nuys, CA 91406 since 01 November 2021 and is currently estimated at $2,034,957, approximately $428 per square foot. This property was built in 1953. 16751 Victory Blvd is a home located in Los Angeles County with nearby schools including Gault Street Elementary School, William Mulholland Middle, and Encino Charter Elementary.

Last Agent to Sell the Property

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 11/01/2021

Last Buyer's Agent

Amy Soulakhian

Keller Williams Realty World Media Center License #01255978

Keller Williams Realty World Media Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,402 Sq Ft Lot
  • Lot Dimensions are 54x120

Interior Spaces

  • 4,752 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2231-001-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4752
  • Lot Acreage: 0.1470
  • Lot Dimensions: 54x120
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Equipment: Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 398.78

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 307976
  • Assessed Land Percent: 40
  • Assessed Land Value: 205312
  • Total Assessed Value: 513288
  • Assessor Parcel Number: 2231-001-034
  • Lot Size Area: 6402

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.45
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 15, 2021
Sold by
Lake Balboa Properties Llc
Bought by
Soulakhian Family Trust
Seller's Agent
Neema Ahadian
Marcus & Millichap
Buyer's Agent
Amy Soulakhian
Keller Williams Realty World Media Center
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%
Current Estimated Value
$2,034,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,957
Avg. Annual Appreciation
2.45%
Original Mortgage
$1,017,500
Outstanding Balance
$921,083
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,113,874

Purchase Details

Closed on
Oct 10, 2012
Sold by
Linder Israel and Linder Hedy
Bought by
Lake Balboa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2004
Sold by
Linder Israel and Linder Hedy
Bought by
Linder Israel and Linder Hedy

Purchase Details

Closed on
Feb 10, 2004
Sold by
Silverberg Warren and The Silverberg Family Trust
Bought by
Silverberg Warren and Silverberg Marilyn

Purchase Details

Closed on
Dec 5, 2001
Sold by
Silverberg Warren and Silverberg Marilyn
Bought by
Lake Balboa Properties Llc

Purchase Details

Closed on
Jan 10, 2001
Sold by
Silverberg Warren and The Silverberg Family Trust
Bought by
Lake Balboa Properties Llc

Purchase Details

Closed on
Jan 6, 2001
Sold by
Linder Isreal and Linder Hedy
Bought by
Lake Balboa Properties Llc

Purchase Details

Closed on
Dec 18, 2000
Sold by
Linder Isreal and Linder Hedy
Bought by
Silverberg Warren and The Silverberg Family Trust

Purchase Details

Closed on
Oct 24, 2000
Sold by
Zadok Abe and Zadok Margaret
Bought by
Linder Israel and Linder Hedy

Purchase Details

Closed on
Sep 19, 2000
Sold by
Linder Israel and Linder Hedy
Bought by
Linder Israel and Linder Hedy

Purchase Details

Closed on
Dec 23, 1993
Sold by
Gitig Mark and Gitig Marla
Bought by
Zadok Abe and Zadok Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Soulakhian Family Trust $1,850,000 Chicago Title
Lake Balboa Properties Llc -- Chicago Title Company
Linder Israel -- Chicago Title
Silverberg Warren -- Chicago Title
Silverberg Warren -- Chicago Title
Linder Israel -- Chicago Title
Lake Balboa Properties Llc -- Chicago Title Co
Lake Balboa Properties Llc -- Chicago Title
Lake Balboa Properties Llc -- --
Silverberg Warren -- Chicago Title
Linder Isreal -- Chicago Title
Linder Israel $4,000 --
Linder Israel -- --
Zadok Abe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soulakhian Family Trust $1,017,500
Previous Owner Lake Balboa Properties Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $1,850,000 -2.4% $389 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $1,895,000 -- $399 / Sq Ft
Source: The MLS

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 $23,935 $1,963,234 $795,906 $1,167,328
2024 $23,935 $1,924,740 $780,300 $1,144,440
2023 $23,468 $1,887,000 $765,000 $1,122,000
2022 $6,975 $528,976 $211,587 $317,389
2021 $6,860 $518,605 $207,439 $311,166
2019 $6,659 $503,225 $201,287 $301,938
2018 $6,543 $493,359 $197,341 $296,018
2016 $6,210 $474,203 $189,679 $284,524
2015 $6,124 $467,081 $186,830 $280,251
2014 $6,165 $457,933 $183,171 $274,762
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Neema Ahadian

    Marcus & Millichap

    (213) 943-1800

    5 in this area

    90 Total Sales

    Neema Ahadian
    Section Image
  • Amy Soulakhian

    Buyer's Agent in 2022

    Amy Soulakhian

    Keller Williams Realty World Media Center

    (818) 399-7513

    1 in this area

    21 Total Sales

    Amy Soulakhian
    Section Image
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Map

Source: The MLS

MLS Number: 21-102689

The MLS

APN: 2231-001-034

California Los Angeles County Van Nuys 91406

16751 Victory Blvd, Van Nuys, CA

Not Listed for Sale

MultiFamily

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