$1,420,000
SOLD MAY 25, 2022
6 Beds
4 Baths
3,552 Sq Ft
4,944 Sq Ft Lot

Recently Sold

$400 Per Sq Ft

2% Above List Price

63 Days on Market

Highlights

  • 4 Car Garage
  • North Hollywood Senior High School Rated A
  • 5-minute walk to Valley Village Park

About This Home

As of May 2022

Traditional mid-century building in Valley Village area. Excellent location south of Magnolia. Building consists of 1 (3 bedroom + 1 bath) ; 1 (2 bedroom+1 bath) and 2 (1bedroom + 1 bath). Two of the (1+1) units will be left vacant. The units are spacious and have newer windows. The property has two double garages off the alley and a common laundry room. The gross income shown on the MLS reflects the vacant units generating $1,600 per month.

Last Agent to Sell the Property

Charles Lazar

AOA Commercial Brokerage License #00426953 Listed on: 02/01/2022

Co-Listed By

Sarah Ianni Rodriguez

AOA Commercial Brkrge License #02029304

Last Buyer's Agent

Irma Sandoval

License #01317770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,214

Year Built

  • Built in 1953

Lot Details

  • 4,944 Sq Ft Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property
  • Washer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 2354-005-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,214

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3552
  • Lot Acreage: 0.1135
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup, Washer
  • Price Per S Q F T: 392.74

Exterior Features

  • Other Structures: Other
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 2
  • Parking Garage: Assigned, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 69.46
  • Assessed Improvement Value: 60221
  • Assessed Land Percent: 30.54
  • Assessed Land Value: 26472
  • Total Assessed Value: 86693
  • Assessor Parcel Number: 2354-005-040
  • Lot Size Area: 4944

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.58
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 27101
  • Type Of Units: Fourplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Abraham Sandoval Jr Revocable Living Tru and Sandoval Abraham
Bought by
Cressey Llc

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 5, 2022
Sold by
Chien-Eriksen Nancy and Eriksen Bruce C
Bought by
Abraham Sandoval Jr Revocable Living Trust and Sandoval
Seller's Agent
Charles Lazar
AOA Commercial Brokerage
Buyer's Agent
Irma Sandoval
List Price
$1,395,000
Sold Price
$1,420,000
Premium/Discount to List
$25,000
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%
Original Mortgage
$1,065,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2020
Sold by
Eriksen Nancy Chien
Bought by
Chien Eriksen Nancy and Eriksen Bruce C

Purchase Details

Closed on
Oct 22, 2015
Sold by
Eriksen Nancy Chien and Chien Family Trust
Bought by
Chin Benny and Eriksen Nancy Chien

Purchase Details

Closed on
Apr 20, 2004
Sold by
Chien Betty W Y and Chien Family Trust
Bought by
Chien Betty W Y and Chien Family Trust
Source: Public Records

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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
Grant Deed -- None Listed On Document
Grant Deed -- Lawyers Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,065,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $2,269,900 0.0% $639 / Sq Ft
07/21/2025 07/21/25 Off Market $2,269,900 -- --
06/19/2025 06/19/25 For Sale $2,269,900 +59.9% $639 / Sq Ft
05/25/2022 05/25/22 Sold $1,420,000 +1.8% $400 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $1,395,000 0.0% $393 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,395,000 -- $393 / Sq Ft
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 $18,214 $1,506,913 $904,148 $602,765
2024 $18,214 $1,477,367 $886,420 $590,947
2023 $17,862 $1,448,400 $869,040 $579,360
2022 $1,513 $88,426 $27,001 $61,425
2021 $1,474 $86,693 $26,472 $60,221
2019 $1,438 $84,124 $25,688 $58,436
2018 $1,339 $82,476 $25,185 $57,291
2016 $1,241 $79,275 $24,208 $55,067
2015 $1,227 $78,085 $23,845 $54,240
2014 $1,258 $76,556 $23,378 $53,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-124219

The MLS

APN: 2354-005-040