NOT LISTED FOR SALE

17447 Vanowen St van Nuys, CA 91406

3 Beds
2 Baths
11,157 Sq Ft
0.41 Acres

Last Sold February 29, 2012

Last sale price $1,850,000 $166 Per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Central Air
  • Heating Available
  • Laundry Room

About This Home

As of February 2012

14 Unit Apartment Building(s) in the Lake Balboa area of Van Nuys. Well maintained 2 structure property with central courtyard, copper plumbing and secured access. 2 parking spots per unit. Unit Mix consists of 9 (2+1) & 5 (1+1) and is non rent controlled. Lots of curb appeal...

Last Agent to Sell the Property

Jordan Johnson

Rodeo Realty License #01417484 Listed on: 12/23/2011

Rodeo Realty

Last Buyer's Agent

Andrea Gil

Rare Earth Realty License #00983281

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.41

Home Design

  • 11,157 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 56 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Laundry Room
  • 0.41 Acre Lot

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33239
  • Assessor Parcel Number 2229005047

Community Details

Overview

  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • 14 Leased Units
  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,400
  • Gardener Expense $3,973
  • Insurance Expense $11,145
  • Maintenance Expense $11,090
  • Other Expense $7,078
  • Pest Control $465
  • Trash Expense $2,740
  • Water Sewer Expense $4,000
  • New Taxes Expense $20,700
  • Gross Income $13,295
  • Net Operating Income $85,386

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.56
  • View: No
  • Water Sewer Expenses: 4000.00
  • Property Type: Residential Income
  • Gardener Expense: 3973.00
  • Parcel Number: 2229005047
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Levels: Two
  • Price Per Square Foot: 165.82

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 56.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 465.00
  • Trash Expense: 2740.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 17860.00
  • Lot Size Acres: 0.4100

Multi Family

  • Electric Expense: 4400.00
  • Gross Income: 13295.00
  • Gross Multiplier: 11.74
  • Gross Scheduled Income: 159540.00
  • Insurance Expense: 11145.00
  • Lot Size Area: 17860.0000 Square Feet
  • Maintenance Expense: 11090.00
  • Net Operating Income: 85386.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 67369.00
  • Other Expense: 7078.00
  • Other Expense Description: Misc
  • Rent Control: No
  • Total Actual Rent: 13110.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 20700.00
  • Taxes Percent: 0.06
  • Tax Lot: 1
  • Tax Tract Number: 33239
  • Tax Year: 2010
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $1,850,000 -- $166 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
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 $29,914 $2,350,542 $1,094,494 $1,256,048
2024 $29,914 $2,304,454 $1,073,034 $1,231,420
2023 $29,365 $2,259,270 $1,051,995 $1,207,275
2022 $28,065 $2,214,971 $1,031,368 $1,183,603
2021 $27,686 $2,171,542 $1,011,146 $1,160,396
2020 $27,949 $2,153,876 $1,000,778 $1,153,098
2019 $26,898 $2,111,734 $981,155 $1,130,579
2018 $26,517 $2,070,418 $961,917 $1,108,501
2016 $25,258 $1,985,601 $924,565 $1,061,036
2015 $24,906 $1,955,777 $910,678 $1,045,099
2014 $25,068 $1,917,467 $892,840 $1,024,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11065338

California Regional Multiple Listing Service (CRMLS)