NOT LISTED FOR SALE

17521 San Jose St Granada Hills, CA 91344

Estimated Value: $1,143,000 - $2,129,866

8 Beds
4 Baths
864 Sq Ft
$1,974/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $1,300,000 $1,505 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,852/month

25 Days on Market

About This Home

As of June 2018

We are pleased to present 17521 San Jose Street located in Granada Hills, California. Built in 1959, the property is comprised of four- 2 bedroom / 1 bathroom homes that sit on a huge private lot totaling 35,669 square feet. The four homes were completely taken down to the studs and rebuilt in 1998 with commercial grade electrical wire ran in flex, metal junction boxes, all new panels, new plumbing and reinforced studs throughout all 4 homes. More importantly, the entire property has been re-pipped to the street with a new sewer line with ABS pipping. This is a must see!The property allows an investor a myriad of opportunity. With significant upside in rents, the offering allows an investor to raise rents to market and manage a low maintenance investment property. In addition, a buyer has the option to owner occupy and have the additional rents pay for all expenses. Please

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 05/21/2018

Last Buyer's Agent

ROSEMARY BENESCH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,684

Year Built

  • Built in 1959

Lot Details

  • 0.82 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • 864 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2733-016-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,684

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 864
  • Year Built: 1959
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 1504.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 309958
  • Assessed Land Value: 101386
  • Assessor Parcel Number: 2733-016-009
  • Geocode Override: No
  • Lot Size Area: 35670

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.38
  • Number Of Units: 4
  • Total Annual Expense: 24279
  • Type Of Units: Houses
  • Vacancy Rate: 97%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 5, 2018
Sold by
Vandell Jerry E and Yandell Frances Y
Bought by
Ravi Gupta Md Inc Pension Plan
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
ROSEMARY BENESCH
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,705,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,967
Avg. Annual Appreciation
3.85%
Source: Public Records

Range of Values:

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Average Value
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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
Ravi Gupta Md Inc Pension Plan $1,300,000 Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $1,300,000 0.0% $1,505 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $1,300,000 0.0% $1,505 / Sq Ft
09/01/2013 09/01/13 Rented $1,700 0.0% --
08/19/2013 08/19/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $1,700 -- --
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 $18,684 $1,479,173 $591,668 $887,505
2024 $18,684 $1,450,170 $580,067 $870,103
2023 $18,339 $1,421,737 $568,694 $853,043
2022 $17,524 $1,393,861 $557,544 $836,317
2021 $17,312 $1,366,531 $546,612 $819,919
2020 $17,480 $1,352,520 $541,008 $811,512
2019 $16,819 $1,326,000 $530,400 $795,600
2018 $5,882 $419,570 $103,413 $316,157
2016 $5,615 $403,280 $99,399 $303,881
2015 $5,544 $397,223 $97,906 $299,317
2014 $5,600 $389,443 $95,989 $293,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-346278

The MLS

APN: 2733-016-009