NOT LISTED FOR SALE

Estimated Value: $2,383,000 - $3,451,000

12 Beds
12 Baths
4,942 Sq Ft
$571/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $2,775,000 $562 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $17,846/month

Highlights

  • Open Floorplan
  • Neighborhood Views
  • Recessed Lighting
  • Modern Architecture
  • Living Room
  • 4-minute walk to Whitnall Off-Leash Dog Park

About This Home

As of June 2022

Sold before processing.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 06/14/2022

Co-Listed By

Ian Maddox

Myunits.com Inc. License #02030205

Last Buyer's Agent

Parastou Asadian

Keller Williams Encino-Sherman Oaks License #01913000

Keller Williams Encino-Sherman Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,176

Year Built

  • Built in 2020

Lot Details

  • 5,909 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • New Fence
  • Landscaped
  • Level Lot

Home Design

  • Modern Architecture
  • Quadruplex

Interior Spaces

  • 4,942 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 10182
  • Assessor Parcel Number 2415022014
  • $494 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Gardener Expense $1,200
  • Insurance Expense $2,364
  • Maintenance Expense $1,600
  • New Taxes Expense $32,612
  • Operating Expense $38,375
  • Gross Income $13,445
  • Net Operating Income $119,738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,176

Year Built

Built in 2020

Lot Details

0

Listing Details

  • CapRate: 4.31
  • Price Per Unit: 693750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Modern
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2415022014
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 561.51
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Level
  • Lot Size Sq Ft: 5909.00
  • Lot Size Acres: 0.1357

Multi Family

  • Average3 Bed Area: 1477 Square Feet
  • Electric Expense: 600.00
  • Gross Income: 13445.00
  • Gross Multiplier: 17.20
  • Gross Operating Income: 158113.00
  • Gross Scheduled Income: 161340.00
  • Insurance Expense: 2364.00
  • Lot Size Area: 5909.0000 Square Feet
  • Maintenance Expense: 1600.00
  • Net Operating Income: 119738.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 38375.00
  • Rent Control: No
  • Total Actual Rent: 13445.00
  • Total Expenses: 38375.00
  • Vacancy Allowance: 3227

Tax Info

  • New Taxes Expense: 32612.00
  • Tax Census Tract: 1243.00
  • Tax Lot: 13
  • Tax Tract Number: 10182
  • TaxOtherAnnualAssessmentAmount: 494.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Burbank Expert Llc
Bought by
Bcp Willowcrest Llc
Current Estimated Value
$2,821,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Outstanding Balance
$1,275,467
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,546,004

Purchase Details

Closed on
Dec 14, 2018
Sold by
Wilde Weber Darlene
Bought by
Burbank Expert Llc

Purchase Details

Closed on
Jun 6, 2012
Sold by
Wilde Weber Darlene and The Robert J & Dorothy L Abbot
Bought by
Wilde Weber Darlene
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
Bcp Willowcrest Llc $2,200,000 Chicago Title Company
Burbank Expert Llc $800,000 Provident Title Company
Wilde Weber Darlene -- None Available
Wilde Weber Darlene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcp Willowcrest Llc $1,430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $2,775,000 0.0% $562 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $2,775,000 0.0% $562 / Sq Ft
10/23/2020 10/23/20 Rented $2,995 +3.5% --
10/05/2020 10/05/20 For Rent $2,895 -- --
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 $35,176 $2,944,852 $1,326,510 $1,618,342
2024 $35,176 $2,887,110 $1,300,500 $1,586,610
2023 $34,489 $2,830,500 $1,275,000 $1,555,500
2022 $26,685 $2,244,000 $1,020,000 $1,224,000
2021 $26,348 $2,200,000 $1,000,000 $1,200,000
2020 $9,986 $816,000 $652,800 $163,200
2019 $9,587 $800,000 $640,000 $160,000
2018 $665 $43,688 $27,984 $15,704
2017 $650 $42,833 $27,436 $15,397
2016 $624 $41,995 $26,899 $15,096
2015 $616 $41,365 $26,495 $14,870
2014 $629 $40,555 $25,976 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22128513

California Regional Multiple Listing Service (CRMLS)

APN: 2415-022-014