NOT LISTED FOR SALE

5241 Cahuenga Blvd North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,465,000 - $1,676,000

4 Beds
3 Baths
2,710 Sq Ft
$570/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $800,000 $295 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,282/month

26 Days on Market

Highlights

  • Dual Staircase
  • Wood Flooring
  • No HOA
  • Fireplace in Bathroom
  • Granite Countertops
  • Crown Molding

About This Home

As of October 2015

This prime Toluca Woods Triplex is located close to all that NoHo has to offer. The units bring in top rents for the area and the building is perfect for the investor or owner occupied buyer. The top floor unit which spans the entire second floor, has been completely remodeled and features 2BD, a Living room and a large den that could be used as a 3rd bedroom. There are new custom kitchen cabinets with quartz counter tops, a dishwasher, stove, new windows, refinished hardwood floors and new carpeting in the bedrooms as well as washer and dryer hook ups. The downstairs one bedroom/one bath units have been updated to include newer kitchens, bathrooms and hardwood floors and large private patios. The back unit has washer and dryer hookups as well. There is a large private grassy yard in the back as well as street to street access with a 3 car garage divided into a 2 car and 1 car garage. There is also off street parking as well as great street parking. The lot is zoned LAR3 check with city for development potential since lot is street to street.

Last Agent to Sell the Property

Joyce Starleaf

Equity Union License #00782682 Listed on: 08/27/2015

Equity Union

Last Buyer's Agent

Vartan Missirian

Legend Realtors License #01101090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,086

Year Built

  • Built in 1947

Lot Details

  • 5,503 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,710 Sq Ft Home
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Bonus Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 2416028028

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $852
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Trash Expense $840
  • Water Sewer Expense $1,080
  • New Taxes Expense $9,588
  • Gross Income $4,650
  • Net Operating Income $50,628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,086

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 818-612-0514
  • Property Attached: Yes
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Gardener Expense: 852.00
  • Parcel Number: 2416028028
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Ceiling Fan(s), Crown Molding, Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Bath, Kitchen, Patio
  • Levels: Two
  • Price Per Square Foot: 295.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Wall Furnace
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5503.00
  • Price Per Lot Square Foot: 145.38
  • Lot Size Acres: 0.1260

Multi Family

  • Gross Income: 4650.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5503.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 50628.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5172.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9588.00
  • Tax Lot: 161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2017
Sold by
Barsemian Wanes
Bought by
Barsem Realty Llc
Current Estimated Value
$1,544,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2017
Sold by
Barsem Realty Llc
Bought by
Barsemian Wanes and Kiljian Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2016
Sold by
Barsemlan Wanes
Bought by
Barsem Realty Llc

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 16, 2015
Sold by
First Class Developments Llc
Bought by
Barsemian Wanes and Kiljian Carla
Seller's Agent
Joyce Starleaf
Equity Union
Buyer's Agent
Vartan Missirian
Legend Realtors
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$400,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Castaneda Robert
Bought by
Castaneda Robert and Tideback Alison

Purchase Details

Closed on
Jul 14, 2004
Sold by
Tideback Alison
Bought by
Castaneda Robert
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
Barsem Realty Llc -- None Available
Barsemian Wanes -- Provident Title Company
Barsem Realty Llc -- Accommodation
Barsemian Wanes $800,000 Orange Coast Title Company
Castaneda Robert -- --
Castaneda Robert -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barsemian Wanes $640,000
Previous Owner Barsemian Wanes $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2015 10/20/15 Sold $800,000 +0.1% $295 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $799,000 -- $295 / Sq Ft
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 $13,086 $1,065,411 $799,060 $266,351
2024 $13,086 $1,044,522 $783,393 $261,129
2023 $12,837 $1,024,042 $768,033 $256,009
2022 $12,249 $1,003,964 $752,974 $250,990
2021 $12,094 $984,279 $738,210 $246,069
2019 $11,738 $955,586 $716,315 $239,271
2018 $11,613 $936,860 $702,270 $234,590
2016 $9,904 $800,000 $600,000 $200,000
2015 $7,489 $597,293 $521,965 $75,328
2014 $7,529 $585,594 $511,741 $73,853
Source: Public Records

Agents Affiliated with this Home

  • Joyce Starleaf

    Seller's Agent in 2015

    Joyce Starleaf

    Equity Union

    (818) 612-0514

    1 in this area

    77 Total Sales

    Joyce Starleaf
    Section Image

  • V

    Buyer's Agent in 2015

    Vartan Missirian

    Legend Realtors

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15190263

California Regional Multiple Listing Service (CRMLS)

APN: 2416-028-028

California Los Angeles County North Hollywood 91601 North Hollywood

5241 Cahuenga Blvd, North Hollywood, CA

This home is located at 5241 Cahuenga Blvd, North Hollywood, CA 91601 since 27 August 2015 and is currently estimated at $1,544,917, approximately $570 per square foot. This property was built in 1947. 5241 Cahuenga Blvd is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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