NOT LISTED FOR SALE

5703 Hazeltine Ave van Nuys, CA 91401

Van Nuys Area

Estimated Value: $1,365,000 - $1,990,292

10 Beds
7 Baths
4,482 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2016

Last sale price $1,205,000 $269 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,634 / mo

85 Days on Market

Highlights

  • Central Heating and Cooling System
  • Chandler Elementary Rated A-
  • Carpet

About This Home

As of September 2016

Pride of ownership in highly desirable rental area! This beautiful and meticulously maintained 4-unit property on a corner lot, is owned by same owner for since 1974. Light and bright large size units with high ceilings and one of the units is town home style. All units have central A/C, heater, water heater and separate electric meters. Four gated parking spots. Rents are lower than market rents by approx 30%, which can be great for investor or for owner occupied. Additionally, there is a separate room that can be used for storage or laundry room to increase income. The owner maybe able to deliver unit # 1 vacant for owner user, or to rent it for market price of $2500 per month.

Last Agent to Sell the Property

Daniel Baird

Sperry Van Ness License #01249675 Listed on: 06/06/2016

Last Buyer's Agent

Daniel Baird

Sperry Van Ness License #01249675 Listed on: 06/06/2016

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,197

Home Design

  • Stucco

Interior Spaces

  • 4,482 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 5,197 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2245-028-039

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,197 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 4482
  • Lot Acreage: 0.1200
  • Price Per Unit: 310000.00
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Bedrooms: 10
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 276.00

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Covered Parking
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Electric Expense: 3948.00
  • Heating: Central

Fee Information

  • Insurance Expense: 2500.00
  • Maintenance Expense: 2000.00
  • Trash Expense: 1440.00

Lot Info

  • Assessed Improvement Value: 84635
  • Assessed Land Value: 31796
  • Assessor Parcel Number: 2245-028-039
  • Geocode Override: No
  • Lot Size Area: 5197

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.92
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: apartment

Tax Info

  • Tax Expense: 17375.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Sep 8, 2016
Sold by
Gerber Natalie Beth
Bought by
Seller's Agent
Daniel Baird
Sperry Van Ness
Buyer's Agent
Daniel Baird
Sperry Van Ness
List Price
$1,390,000
Sold Price
$1,205,000
Premium/Discount to List
-$185,000
-13.31%
Current Estimated Value
$1,667,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,249
Avg. Annual Appreciation
3.14%
Original Mortgage
$1,205,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 30, 2016
Sold by
Wolf Stanford and Wolf Genia
Bought by
Gerber Jonathan
Seller's Agent
Daniel Baird
Sperry Van Ness
Buyer's Agent
Daniel Baird
Sperry Van Ness
List Price
$1,390,000
Sold Price
$1,205,000
Premium/Discount to List
-$185,000
-13.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,205,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in van Nuys, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
Gerber Jonathan $1,205,000 Lawyers Title
5703 Hazeltine Avenue Llc -- None Available
5703 Hazeltine Avenue Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $975,000
Previous Owner Gerber Jonathan $1,205,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold $1,205,000 -2.8% $269 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
07/17/2016 07/17/16 Price Changed $1,240,000 -10.8% $277 / Sq Ft
06/06/2016 06/06/16 For Sale $1,390,000 -- $310 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,208 $1,426,467 $858,248 $568,219
2025 $17,208 $1,398,498 $841,420 $557,078
2024 $16,988 $1,371,077 $824,922 $546,155
2023 $16,662 $1,344,195 $808,748 $535,447
2022 $15,890 $1,317,840 $792,891 $524,949
2021 $15,680 $1,292,001 $777,345 $514,656
2019 $15,212 $1,253,682 $754,290 $499,392
2018 $15,111 $1,229,100 $739,500 $489,600
2016 $1,748 $118,205 $32,280 $85,925
2015 $1,727 $116,431 $31,796 $84,635
2014 $1,760 $114,152 $31,174 $82,978
Source: Public Records

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Map

Source: The MLS

MLS Number: 16-137928

The MLS

APN: 2245-028-039

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