$1,050,000
SOLD SEP 11, 2024
4 Beds
2 Baths
2,080 Sq Ft
6,038 Sq Ft Lot

Recently Sold

$505 Per Sq Ft

12% Below List Price

58 Days on Market

About This Home

As of September 2024

R3! This property presents a unique opportunity for developers and investors. With amazing potential for up to 40 units, the possibility are vast. Alternatively, buyers can enjoy the property as an owner-user and take advantage of the space by adding ADU and Junior ADU. Both units have been remodeled. Whether your are looking to expand your real estate portfolio or seeking a place for additional rental income

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 06/18/2024

Home Team Realty

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 06/18/2024

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,075

Year Built

  • Built in 1948

Lot Details

  • 6,038 Sq Ft Lot

Home Design

  • 2,080 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2416-007-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,075

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2080
  • Lot Acreage: 0.1386
  • Probate: No
  • Year Built: 1948
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 574.52

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 416160
  • Assessed Land Percent: 60
  • Assessed Land Value: 624240
  • Total Assessed Value: 1040400
  • Assessor Parcel Number: 2416-007-015
  • Lot Size Area: 6038

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 Units
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Oct 2, 2024
Sold by
Kohanbash Moris
Bought by
Cleon Enterprise Llc
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Views
27
Current Estimated Value
$1,426,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,351
Avg. Annual Appreciation
37.59%
Original Mortgage
$840,000
Outstanding Balance
$832,553
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$593,798

Purchase Details

Listed on
Jun 18, 2024
Closed on
Sep 9, 2024
Sold by
5334 Cleon Llc
Bought by
Kohanbash Moris
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$832,553
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$593,798

Purchase Details

Listed on
Jun 18, 2024
Closed on
Sep 6, 2024
Sold by
Kohan Rebecca and Kohanbash Moris
Bought by
Kohanbash Moris
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$832,553
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$593,798

Purchase Details

Listed on
Jul 15, 2020
Closed on
Apr 9, 2021
Sold by
Gvm Properties Llc
Bought by
5334 Cleon Llc
Seller's Agent
Jose Escamilla
JP Realty & Associates
Buyer's Agent
Jose Escamilla
Jp Realty & Associates
List Price
$1,130,000
Sold Price
$1,000,000
Premium/Discount to List
-$130,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2012
Sold by
Manukyan George J
Bought by
Gvm Properties Llc

Purchase Details

Closed on
Mar 5, 2009
Sold by
Manukyan Victoria
Bought by
Manukyan George J
Source: Public Records

Similar Homes in the area

  • 11670 Erwin St, North Hollywood, CA 91606

    $799,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 11670 Erwin St
    • North Hollywood, CA

    Welcome to 11670 Erwin St a rare, turn-key duplex gem nestled in the heart of the trendy North Hollywood scene! This Hollywood-style cottage property features two separate 2-bedroom, 1-bath units, each with its own private backyard, offering the perfect blend of character, comfort, and investment potential. One unit is vacant and move-in ready, ideal for an owner-occupier or short-term rental

    Stephanie Younger Compass

    Section Image
  • 5619 Willowcrest Ave, North Hollywood, CA 91601

    $1,245,000

    • 5 Beds
    • 2,415 Sq Ft
    • 5619 Willowcrest Ave
    • North Hollywood, CA

    This stunning 4-plex is situated in a prime location where neighboring properties have been beautifully renovated to add second stories, significantly boosting their value. With the area undergoing exciting development projects, this property presents a unique chance to capitalize on the upward trend of the neighborhood. Each unit offers comfortable living spaces and ample natural light, making

    John Labick RE/MAX Gateway

    Section Image
  • 5656 Cartwright Ave, North Hollywood, CA 91601

    $949,000

    • 4 Beds
    • 3 Baths
    • 2,049 Sq Ft
    • 5656 Cartwright Ave
    • North Hollywood, CA

    Prime Duplex Fixer in Desirable NOHO – with Development Potential!Attention builders and investors! Incredible opportunity to own two houses on a corner-lot in the heart of the vibrant North Hollywood neighborhood. This residential income property offers the potential to build up or convert garages to ADU – perfect for redevelopment or expansion. Buyers are encouraged to check with the city.

    Angela Julfayan Coldwell Banker Hallmark

    Section Image
  • 10802 Morrison St, North Hollywood, CA 91601

    $1,175,000

    • 6 Beds
    • 3 Baths
    • 2,456 Sq Ft
    • 10802 Morrison St
    • North Hollywood, CA

    Fantastic investment opportunity in a prime North Hollywood location! This triplex is zoned LARD 1.5 and sits on a desirable corner lot. Two of the three units are near market rents, with some interior upgrades already completed. The property features a 2-car garage plus three additional parking spaces, providing ample off-street parking. Enjoy a charming outdoor garden area perfect for tenants

    Edwin Huber Century 21 Masters

    Section Image
  • 5831 Riverton Ave, North Hollywood, CA 91601

    $1,250,000

    • 4 Beds
    • 3 Baths
    • 2,008 Sq Ft
    • 5831 Riverton Ave
    • North Hollywood, CA

    This charming North Hollywood duplex offers a prime investment opportunity. Recent upgrades include a brand-new roof, paint, and a tankless water heater, ensuring modern comfort and energy efficiency. Nestled in a vibrant neighborhood, this property boasts proximity to the iconic North Hollywood Arts District, known for its mix of theaters, galleries, and trendy dining spots. Don't miss out on

    Jeremie Tavisola Realty ONE Group West

    Section Image
  • 5919 Whitnall Hwy, North Hollywood, CA 91601

    $1,050,000

    • 4 Beds
    • 6 Baths
    • 3,520 Sq Ft
    • 5919 Whitnall Hwy
    • North Hollywood, CA

    5919 Whitnall Highway is a 6-unit value-add multifamily investment located in the heart of North Hollywood. Built in 1953, the property sits on a 5,004 square foot lot and features a desirable unit mix of two (2) studios and four (4) one-bedroom, one-bathroom units in a two-story garden-style walk-up building. A detached structure at the rear of the lot provides four covered parking spaces. While

    Elliot Hassan NorthMarq Realty Services, Inc.

    Section Image
  • 6041 Cleon Ave, North Hollywood, CA 91606

    $1,199,000

    • 4 Beds
    • 3 Baths
    • 1,822 Sq Ft
    • 6041 Cleon Ave
    • North Hollywood, CA

    Private and gated NoHo compound consisting of 3 units on an expansive flat lot. The front, street-facing unit has a storefront vibe with high ceilings, slab floors, lots of storage space, a half bathroom, and a separate utility room. It's an open canvas for your creative endeavors. The middle unit has 3 bathrooms, a full bath, an updated kitchen, custom finished ceiling, newer flooring, in

    Peter Tomlinson Sotheby's International Realty

    Section Image
  • 11430 Califa St, North Hollywood, CA 91601

    $1,150,000

    • 5 Beds
    • 3 Baths
    • 2,083 Sq Ft
    • 11430 Califa St
    • North Hollywood, CA

    Prime Triplex Opportunity in North Hollywood! Welcome to 11430 Califa St, a fantastic investment property located in the heart of North Hollywood. This triplex sits on a spacious 7,000 sq. ft. lot and offers a total of 2,083 sq. ft. of living space. The property features two units with 2 bedrooms and 1 bathroom each, and one unit with 1 bedroom and 1 bathroom. The front house is equipped with

    Andrea Santana Luxury Collective

    Section Image
  • 11710 Hartsook St, Valley Village, CA 91607

    $1,190,000

    • 2 Beds
    • 2 Baths
    • 1,325 Sq Ft
    • 11710 Hartsook St
    • Valley Village, CA

    Attention Agents, Developers, and Investors:Presenting a newly remodeled duplex in the desirable Valley Village area. This charming property features 2 bedrooms, 2 bathrooms, and a thoughtfully designed office space. Recent upgrades include a brand-new roof and refreshed landscaping.Ideally located on a tranquil residential street, the property is surrounded by ongoing development, adding to its

    Melissa Zee Keller Williams Beverly Hills

    Section Image

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 Type Sale Price Title Company
Grant Deed -- Escrow Title Services Inc
Grant Deed $1,050,000 Provident Title Company
Deed -- Provident Title Company
Grant Deed $1,000,000 Wfg National Title Co Of Ca
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $800,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $1,050,000 -12.1% $505 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $1,195,000 +19.5% $575 / Sq Ft
04/16/2021 04/16/21 Sold $1,000,000 -11.5% $481 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
07/15/2020 07/15/20 For Sale $1,130,000 -- $543 / 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 $13,075 $1,050,000 $750,000 $300,000
2024 $13,075 $1,061,207 $636,724 $424,483
2023 $12,822 $1,040,400 $624,240 $416,160
2022 $12,225 $1,020,000 $612,000 $408,000
2021 $3,128 $238,866 $160,887 $77,979
2020 $3,155 $571,445 $329,680 $241,765
2019 $6,896 $560,241 $323,216 $237,025
2018 $6,783 $549,257 $316,879 $232,378
2016 $2,782 $218,416 $147,112 $71,304
2015 $2,743 $215,136 $144,903 $70,233
2014 $2,765 $210,923 $142,065 $68,858
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-394342

The MLS

APN: 2416-007-015