NOT LISTED FOR SALE

5737 Kester Ave van Nuys, CA 91411

Van Nuys Neighborhood

Estimated Value: $988,000 - $1,343,106

4 Beds
2 Baths
1,872 Sq Ft
$618/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $601,000 $321 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,282/month

5 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Kester Avenue Elementary School Rated A-
  • Granite Countertops
  • Neighborhood Views

About This Home

As of August 2014

Fabulous duplex, well maintained, in a spectacular neighborhood. Each unit with two bedroom one bath, with own washer/drier, Fantastic opportunity to own income property. Do not miss.

Last Agent to Sell the Property

Rouzanna Paladin

Rouzanna Paladin License #01200841 Listed on: 07/16/2014

Last Buyer's Agent

Rouzanna Paladin

Rouzanna Paladin License #01200841 Listed on: 07/16/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,693

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,001 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Brick Fence
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 68
  • Tax Tract Number 6240
  • Assessor Parcel Number 2243014032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Valley

Recreation

  • Community Playground

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $70
  • Insurance Expense $69
  • Water Sewer Expense $200
  • New Taxes Expense $7,200
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,693

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Other Phone Description: 818 717 3000
  • Other Phone Number: 818 717 3000
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 200.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 2243014032
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 321.05
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fencing: Brick, Fair Condition, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Playground
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Valley

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 69.00
  • Lot Size Area: 6001.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Lot: 68
  • Tax Tract Number: 6240
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Asadi Bobby
Bought by
Movaghar Mehdi
Current Estimated Value
$1,157,777

Purchase Details

Listed on
Jul 16, 2014
Closed on
Sep 1, 2014
Sold by
Asadi Bobby
Bought by
Movaghar Mehdi
Seller's Agent
Rouzanna Paladin
Rouzanna Paladin
Buyer's Agent
Rouzanna Paladin
Souzanna Paladini R. E. Co.
List Price
$600,000
Sold Price
$601,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$400,000
Interest Rate
14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 22, 2014
Sold by
Irani Zarin
Bought by
Asadi Bobby
Seller's Agent
Rouzanna Paladin
Rouzanna Paladin
Buyer's Agent
Rouzanna Paladin
Souzanna Paladini R. E. Co.
List Price
$600,000
Sold Price
$601,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Jul 24, 2014
Sold by
Martinez Gustavo Galvez
Bought by
Asadi Bobby
Seller's Agent
Rouzanna Paladin
Rouzanna Paladin
Buyer's Agent
Rouzanna Paladin
Souzanna Paladini R. E. Co.
List Price
$600,000
Sold Price
$601,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Spence John Lee
Bought by
Martinez Gustavo Galvez and Martinez Adriana Payan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
7.04%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Spence John L
Bought by
Spence John Lee and Spence Robin Rash
Source: Public Records

Range of Values:

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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
Movaghar Mehdi -- Stewart Title
Movaghar Mehdi -- None Available
Asadi Bobby -- First American Title
Asadi Bobby $601,000 Fatcola
Martinez Gustavo Galvez $255,000 Commerce Title
Spence John Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asadi Bobby $400,000
Previous Owner Asadi Bobby $400,000
Previous Owner Martinez Gustavo Galvez $432,000
Previous Owner Martinez Gustavo Galvez $397,500
Previous Owner Martinez Gustavo Galvez $286,000
Previous Owner Martinez Gustavo Galvez $25,000
Previous Owner Martinez Gustavo Galvez $244,000
Previous Owner Martinez Gustavo Galvez $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $601,000 +0.2% $321 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $600,000 -- $321 / 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 $11,693 $965,728 $649,431 $316,297
2024 $11,693 $946,794 $636,698 $310,096
2023 $11,468 $928,230 $624,214 $304,016
2022 $10,935 $910,030 $611,975 $298,055
2021 $9,103 $747,893 $507,514 $240,379
2020 $8,237 $660,456 $384,625 $275,831
2019 $7,914 $647,507 $377,084 $270,423
2018 $7,793 $634,812 $369,691 $265,121
2016 $7,441 $610,164 $355,337 $254,827
2015 $7,333 $601,000 $350,000 $251,000
2014 $3,930 $307,296 $138,584 $168,712
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rouzanna Paladin

    Rouzanna Paladin

    (818) 717-3000

    1 Total Sale

    Rouzanna Paladin
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14151363

California Regional Multiple Listing Service (CRMLS)

APN: 2243-014-032

California Los Angeles County Van Nuys 91411 Van Nuys

5737 Kester Ave, Van Nuys, CA

This home is located at 5737 Kester Ave, van Nuys, CA 91411 since 16 July 2014 and is currently estimated at $1,157,777, approximately $618 per square foot. This property was built in 1950. 5737 Kester Ave is a home located in Los Angeles County with nearby schools including Kester Avenue Elementary School, Van Nuys High School, and Ararat Charter 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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