NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,145,000

3 Beds
4 Baths
2,096 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $370,000 $177 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $6,234/month

About This Home

As of June 2012

Approved short sale, subject to cancellation of current escrow by 4/23/2012.

Submit offers by Tuesday April 24th, 2012.

4 units near Venice and Arlington. Drive by, inside with accepted offer. Tenant occupied. LA county asessor's records indicate that subject property is a quadraplex, however LA City permits may reflect one or more units. Buyer is to rely on their own investigation.

Property functions per seller as a 3 bedroom + 2 bath house, 1 bedroom + 1 bath, and (two) singles + 1 bath.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 05/09/2012

Keller Williams Realty Calabasas

Last Buyer's Agent

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 05/09/2012

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,413

Year Built

  • Built in 1907

Lot Details

  • 6,877 Sq Ft Lot

Home Design

  • 2,096 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 5072
  • Assessor Parcel Number 5072031024

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $3,985
  • Net Operating Income $36,785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,413

Year Built

Built in 1907

Lot Details

0

Listing Details

  • CapRate: 9.76
  • Property Type: Residential Income
  • Parcel Number: 5072031024
  • Year Built: 1907
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 176.53

Lot Info

  • Lot Size Sq Ft: 6877.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 3985.00
  • Gross Multiplier: 7.88
  • Gross Scheduled Income: 47820.00
  • Lot Size Area: 6877.0000 Square Feet
  • Net Operating Income: 36785.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9600.00
  • Rent Control: Yes
  • Total Actual Rent: 3985.00
  • Vacancy Allowance: 1435
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 5072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Nassi Purang and Nassi Shady Borna
Bought by
Stllc 17Th
Current Estimated Value
$991,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,800
Outstanding Balance
$655,569
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$679,098

Purchase Details

Closed on
Feb 7, 2020
Sold by
Nassi Pourang and Nassi Shady Borna
Bought by
17Th St Llc

Purchase Details

Listed on
May 9, 2012
Closed on
May 1, 2012
Sold by
Hajebnia Moshen and Sabet Javad M
Bought by
Nassi Pourang and Nassi Shady Borna
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$363,298
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2009
Sold by
Hajebnia Mohsen and Sabet Javad M
Bought by
17 Veno Llc

Purchase Details

Closed on
Feb 22, 2007
Sold by
Stephens Md Hamilton
Bought by
Stephens Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Stephens Helen A
Bought by
Hajebnia Mohsen and Sabet Javad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2006
Sold by
Stephens Md Hamilton and Stephens Helen A
Bought by
Stephens Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Stephens Helen A
Bought by
Stephens Hamilton and Stephens Helen A
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Stllc 17Th -- Stewart Title Of Ca Inc
Nassi Pourang -- Stewart Title Of Ca Inc
17Th St Llc -- None Available
Nassi Pourang $370,000 Lawyers Title
17 Veno Llc -- None Available
Stephens Helen A -- Commonwealth Land Title Co
Hajebnia Mohsen $675,000 Commonwealth Land Title Co
Stephens Helen A -- Commonwealth Land Title Co
Stephens Hamilton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nassi Pourang $715,800
Previous Owner Nassi Pourang $329,391
Previous Owner Nassi Pourang $1,318,100
Previous Owner Nassi Pourang $363,298
Previous Owner Hajebnia Mohsen $540,000
Previous Owner Stephens Helen A $67,500
Previous Owner Stephens Helen A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2012 06/07/12 Sold $370,000 -- $177 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
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 $11,413 $464,730 $339,131 $125,599
2024 $11,413 $909,224 $750,540 $158,684
2023 $11,200 $891,397 $735,824 $155,573
2022 $10,693 $873,920 $721,397 $152,523
2021 $10,558 $856,785 $707,252 $149,533
2020 $5,586 $424,941 $310,094 $114,847
2019 $5,378 $416,610 $304,014 $112,596
2018 $5,237 $408,442 $298,053 $110,389
2016 $4,999 $392,583 $286,480 $106,103
2015 $4,930 $386,687 $282,177 $104,510
2014 $4,973 $379,113 $276,650 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12000507

California Regional Multiple Listing Service (CRMLS)

APN: 5072-031-024