NOT LISTED FOR SALE

16809 Victory Blvd van Nuys, CA 91406

Van Nuys Area

Estimated Value: $1,882,000 - $2,533,395

12 Beds
8 Baths
5,780 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2012

Last sale price $945,000 $163 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $13,482 / mo

Highlights

  • Traditional Architecture
  • Central Heating
  • Wood Siding
  • Wood Flooring

About This Home

As of February 2012

JUST BUILT BRAND NEW IN 2007!!!! CAP RATE OF 7%!!!!!.This is one of the best choices properties for investors that are looking for an excellent property in prime location with solid income. ALL 4 UNITS HAVE 3 BEDROOMS AND 2 BATHROOMS WITH ALL SEPRATED UTILITY meters incuding of water, power and gas AND Private parking area. It is built with high upgrading items and finish touch; granite counter tops, custom made cabinets, central air conditioning for each units, dual pane windows, etc...

Last Agent to Sell the Property

Alfred Tavari

Allstate Realty License #01290392 Listed on: 11/21/2011

Last Buyer's Agent

Alfred Tavari

Allstate Realty License #01290392 Listed on: 11/21/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 6,310 Sq Ft Lot
  • Lot Dimensions are 57x110

Parking

  • 8 Parking Spaces

Home Design

  • Traditional Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,780 Sq Ft Home
  • Wood Flooring

Utilities

  • Central Heating
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 17645
  • Assessor Parcel Number 2231023056

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $180
  • Gardener Expense $50
  • Insurance Expense $1,265
  • Maintenance Expense $50
  • Pest Control $45
  • New Taxes Expense $12,400
  • Gross Income $7,100
  • Net Operating Income $68,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

6,310 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 7.01
  • Subdivision Name Other: CUST
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 2231023056
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 163.49

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Appliances: Water Heater
  • Heating Type: Central
  • Pest Control Expense: 45.00
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 57x110
  • Lot Size Sq Ft: 6310.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 180.00
  • Gross Income: 7100.00
  • Gross Multiplier: 11.67
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 1265.00
  • Lot Size Area: 6310.0000 Square Feet
  • Maintenance Expense: 50.00
  • Net Operating Income: 68200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 15400.00
  • Rent Control: No
  • Total Actual Rent: 85200.00

Tax Info

  • New Taxes Expense: 12400.00
  • Tax Area: 16
  • Tax Lot: 69
  • Tax Tract: Custom
  • Tax Tract Number: 17645

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

Closed on
Aug 15, 2016
Sold by
Bought by
Current Estimated Value
$2,161,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,700
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2016
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
$1,050,700
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2013
Sold by
Bought by

Purchase Details

Listed on
Nov 21, 2011
Closed on
Jan 10, 2012
Sold by
Bought by
Seller's Agent
Alfred Tavari
Allstate Realty
Buyer's Agent
Alfred Tavari
Allstate Realty
Sold Price
$945,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$701,250
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2008
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
$801,950
Interest Rate
5.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 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
$440,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 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
$440,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
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
$417,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
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
$417,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 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
$350,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2002
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
$199,960
Interest Rate
6.87%

Purchase Details

Closed on
Jul 30, 2002
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
$199,960
Interest Rate
6.87%

Purchase Details

Closed on
Dec 2, 1998
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
$134,100
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 1996
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
$94,050
Interest Rate
7.88%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Accommodation
$1,501,000 North American Title Company
-- None Available
$945,000 Advantage Title
-- Accommodation
-- United Title Company
$550,000 United Title Company Westlak
-- United Title Company
$529,000 North American Title Co
-- North American Title Co
-- North American Title Co
-- Fidelity National Title Co
$250,000 Fidelity National Title Co
$135,000 American Title Co
-- Benefit Land Title
$167,409 First Southwestern Title Co
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 $1,050,700
Previous Owner $701,250
Previous Owner $801,950
Previous Owner $440,000
Previous Owner $417,000
Previous Owner $350,000
Previous Owner $199,960
Previous Owner $134,100
Previous Owner $94,050
Closed $49,990
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
02/29/2012 02/29/12 Sold $945,000 -- $163 / Sq Ft
11/21/2011 11/21/11 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,692 $1,742,032 $987,654 $754,378
2024 $21,420 $1,707,876 $968,289 $739,587
2023 $21,005 $1,674,389 $949,303 $725,086
2022 $20,029 $1,641,559 $930,690 $710,869
2021 $19,757 $1,609,373 $912,442 $696,931
2020 $19,950 $1,592,872 $903,087 $689,785
2019 $19,165 $1,561,640 $885,380 $676,260
2018 $19,009 $1,531,020 $868,020 $663,000
2016 $14,980 $1,206,671 $712,560 $494,111
2015 $14,764 $1,188,546 $701,857 $486,689
2014 $14,825 $1,165,265 $688,109 $477,156
Source: Public Records

Agents Affiliated with this Home

  • Alfred Tavari

    Seller's Agent in 2012

    Alfred Tavari

    Allstate Realty

    (818) 344-5158

    20 Total Sales

    Alfred Tavari
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F1858157

California Regional Multiple Listing Service (CRMLS)

APN: 2231-023-056

California Los Angeles County Van Nuys 91406

16809 Victory Blvd, Van Nuys, CA

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.