NOT LISTED FOR SALE

16804 Saticoy St van Nuys, CA 91406

Estimated Value: $1,023,000 - $1,345,000

6 Beds
4 Baths
3,086 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $1,000,000 $324 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,304/month

84 Days on Market

About This Home

As of June 2021

We are proud to represent this 4-unit apartment building in Lake Balboa area of Van Nuys. This Fourplex includes two 2 bed/1 bath units and two 1 bed/1 bath units sitting on a 6,500SF lot! The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Naira Khnkoyan

Platinum Realty Group Inc License #01257038 Listed on: 03/02/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,500 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,086 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 2226024009

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2226024009
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 324.04

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2017
Sold by
Petrosyan Ara
Bought by
Petrosyan Ara and The Dergene Trust
Current Estimated Value
$1,177,851

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 6, 2014
Sold by
Mz Group Llc
Bought by
Petrosyan Ara
Seller's Agent
Hector Zevada
Real Estate Investment Group
Buyer's Agent
Nick Khachian
JohnHart Real Estate
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$508,000
Outstanding Balance
$385,083
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$792,768

Purchase Details

Closed on
May 20, 2014
Sold by
Navas Raul and Arias Natividad
Bought by
Mz Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Outstanding Balance
$385,083
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$792,768

Purchase Details

Closed on
May 20, 2004
Sold by
Navas Raul
Bought by
Navas Raul and Arias Natividad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2003
Sold by
Arias Natividad
Bought by
Navas Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
7.99%

Purchase Details

Closed on
Jan 13, 2003
Sold by
Burton Wanda A and Burton Family Trust
Bought by
Navas Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
7.99%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Burton E Leonard
Bought by
Burton Edwin L and Burton Wanda A
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
Petrosyan Ara -- None Available
Petrosyan Ara $640,000 Wfg Title Company
Mz Group Llc $500,000 Wfg Title Company
Navas Raul -- Gateway Title Company
Navas Raul -- Southland Title
Navas Raul $380,000 Southland Title
Burton Edwin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrosyan Ara $508,000
Previous Owner Mz Group Llc $365,000
Previous Owner Navas Raul $308,750
Previous Owner Navas Raul $323,000
Closed Navas Raul $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $1,000,000 +0.5% $324 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $995,000 +55.5% $322 / Sq Ft
08/18/2014 08/18/14 Sold $640,000 -5.2% $207 / Sq Ft View Prior Sale
07/03/2014 07/03/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $675,000 -- $219 / 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 $13,374 $1,082,430 $432,972 $649,458
2024 $13,219 $1,061,207 $424,483 $636,724
2023 $12,967 $1,040,400 $416,160 $624,240
2022 $12,369 $1,020,000 $408,000 $612,000
2021 $8,808 $710,602 $390,832 $319,770
2020 $8,893 $703,317 $386,825 $316,492
2019 $8,550 $689,528 $379,241 $310,287
2018 $8,437 $676,008 $371,805 $304,203
2016 $8,046 $649,760 $357,368 $292,392
2015 $7,931 $640,000 $352,000 $288,000
2014 $5,798 $455,513 $159,496 $296,017
Source: Public Records

Agents Affiliated with this Home

  • Naira Khnkoyan

    Seller's Agent in 2021

    Naira Khnkoyan

    Platinum Realty Group Inc

    (818) 850-7653

    2 in this area

    65 Total Sales

    Naira Khnkoyan
    Section Image

  • H

    Seller's Agent in 2014

    Hector Zevada

    Real Estate Investment Group

    (626) 399-1518

    7 Total Sales

    Hector Zevada
    Section Image
  • Nick Khachian

    Buyer's Agent in 2014

    Nick Khachian

    JohnHart Real Estate

    (888) 550-4440

    1 in this area

    61 Total Sales

    Nick Khachian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005175

California Regional Multiple Listing Service (CRMLS)

APN: 2226-024-009

California Los Angeles County Van Nuys 91406

16804 Saticoy St, Van Nuys, CA

Not Listed for Sale

MultiFamily

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