$1,550,000
SOLD FEB 28, 2025
8 Beds
4 Baths
4,194 Sq Ft
6,245 Sq Ft Lot

Recently Sold

$370 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • North Hollywood Senior High School Rated A
  • Laundry Room

About This Home

As of February 2025

Exciting New Investment Opportunity for 2025 - start the year off right with the purchase of this amazing 4-unit property located in the highly sought-after NoHo area of the Valley. Great unit mix and income potential. Super spacious units, all 2 bedrooms & 1 baths, each over 1,000 sqft. The building is clean and well-maintained assuring a great potential for upside in future rents. Recent capital improvements include a newer roof, upgraded copper plumbing, updated windows, newer water heaters and AC units. Common area laundry and parking. 1 unit may be delivered vacant (stay tuned). The property also offers excellent curb appeal and is conveniently located near transportation, shops, restaurants, parks, and is just minutes away from Hollywood, Burbank, and Downtown LA on a good day. Please Note: Drive by Only and Do Not Disturb the Occupants.

Last Agent to Sell the Property

Gina Uzunyan

Koenig Properties Brokerage Phone: 818-521-8088 License #00984953 Listed on: 01/27/2025

Co-Listed By

Ed Koenig

Ed Koenig IRE Brokerage Phone: 818-521-8088 License #00831815

Last Buyer's Agent

Arthur Aslanian

Berkshire Hathaway HomeServices California Properties License #01291836

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,245 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 4,194 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 48
  • Tax Tract Number 5867
  • Assessor Parcel Number 2353015008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Fuel Expense $480
  • Gardener Expense $1,440
  • Insurance Expense $6,714
  • Maintenance Expense $1,200
  • Trash Expense $3,456
  • Water Sewer Expense $4,200
  • New Taxes Expense $18,688
  • Operating Expense $36,978
  • Gross Income $112,752
  • Net Operating Income $75,774

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.07
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 2353015008
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 369.58

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3456.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6245.00
  • Lot Size Acres: 0.1434

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 480.00
  • Gross Multiplier: 13.60
  • Gross Operating Income: 112752.00
  • Gross Scheduled Income: 112752.00
  • Insurance Expense: 6714.00
  • Laundry Income: 480.00
  • Lot Size Area: 6245.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 75774.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 36978.00
  • Rent Control: Yes
  • Total Actual Rent: 9396.00
  • Total Expenses: 36978.00

Tax Info

  • New Taxes Expense: 18688.00
  • Tax Census Tract: 1254.02
  • Tax Lot: 48
  • Tax Tract Number: 5867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Kamali Aryan and Kamali Talar
Bought by
Kadam Properties Llc
Current Estimated Value
$1,533,025

Purchase Details

Listed on
Jan 27, 2025
Closed on
Feb 24, 2025
Sold by
Zj Llc
Bought by
Kamali Aryan and Kamali Talar
Seller's Agent
Gina Uzunyan
Koenig Properties
Buyer's Agent
Arthur Aslanian
Berkshire Hathaway HomeServices California Properties
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.20%
Original Mortgage
$1,162,500
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Palmer Stephanie
Bought by
Zj Llc

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jan 16, 2012
Sold by
Aslan Residential Iv Llc
Bought by
Palmer Stephanie and Meymandi Sheba
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Gina Uzunyan
Koenig Properties
List Price
$649,000
Sold Price
$705,000
Premium/Discount to List
$56,000
8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jan 4, 2012
Sold by
Sekkate Mohamed
Bought by
Aslan Residential Iv Llc
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Gina Uzunyan
Koenig Properties
List Price
$649,000
Sold Price
$705,000
Premium/Discount to List
$56,000
8.63%

Purchase Details

Closed on
Feb 5, 2007
Sold by
Tujunga Avenue Llc
Bought by
Sekkate Mohamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2007
Sold by
Cherry Evan
Bought by
Tujunga Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Shabbath Ami
Bought by
Cherry Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Block Robbie Bronston and Bronston Paul K
Bought by
Cherry Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bronston Inger and Bronston Revocable Family Trus
Bought by
Bronston Paul K

Purchase Details

Closed on
Mar 21, 1997
Sold by
Block Robbie Bronston and Bronston Ruth
Bought by
Block Robbie Bronston
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $1,550,000 Lawyers Title
Quit Claim Deed -- None Available
Grant Deed $705,000 First American Title Company
Trustee Deed $545,000 None Available
Grant Deed $1,050,000 Fidelity Van Nuys
Quit Claim Deed -- Alliance Title Company
Quit Claim Deed -- Chicago Title Co
Grant Deed -- First American Title Ins Co
Interfamily Deed Transfer -- --
Executors Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,162,500 New Conventional
Previous Owner $787,500 New Conventional
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $442,500 Purchase Money Mortgage
Closed $118,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $1,550,000 +3.7% $370 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $1,495,000 0.0% $356 / Sq Ft
10/08/2024 10/08/24 Off Market $2,395 -- --
10/01/2024 10/01/24 For Rent $2,495 +4.2% --
09/29/2024 09/29/24 Price Changed $2,395 0.0% $2 / Sq Ft
01/25/2012 01/25/12 Sold $705,000 +8.6% $168 / Sq Ft View Prior Sale
01/11/2012 01/11/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $649,000 -- $155 / Sq Ft
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 $10,997 $885,507 $533,818 $351,689
2024 $10,997 $868,145 $523,351 $344,794
2023 $10,790 $851,124 $513,090 $338,034
2022 $10,299 $834,436 $503,030 $331,406
2021 $10,156 $818,075 $493,167 $324,908
2019 $9,858 $793,813 $478,541 $315,272
2018 $9,719 $778,249 $469,158 $309,091
2016 $9,260 $748,031 $450,941 $297,090
2015 $9,127 $736,796 $444,168 $292,628
2014 $9,178 $722,364 $435,468 $286,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25019595

California Regional Multiple Listing Service (CRMLS)

APN: 2353-015-008