NOT LISTED FOR SALE

Estimated Value: $2,448,000 - $3,373,000

6 Beds
6 Baths
5,364 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 30, 2019

Last sale price $2,350,000 $438 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $19,046/month

218 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Stone Countertops
  • Laundry Room
  • Gated Community
  • Recessed Lighting
  • Storage

About This Home

As of June 2019

2018 construction! Two duplexes FULLY OCCUPIED on one lot. Don't be fooled, this building is FINISHED. Many of the 4-plexes you see in this area are not move-in ready. They are NOT wired to the street for internet/cable and they do NOT have motorized gates. They are NOT USPS ready and they will require a lot of other finish work. This building has ALL of these improvements, plus two of the units have private, fenced backyards with patios and access directly from each unit. Each of the four units has its own huge tandem 2-car garage with tons of extra storage space. That’s 8 garage spaces in total! Each townhome-style unit has 3 bedrooms and 3 full bathrooms spread across the second and third floors, as well as a large kitchen with top of the line appliances. An amazing tri-level luxurious home featuring an open floor with lots of windows making all areas light and bright, open kitchen design with top of the line stainless steel appliances, wood-like flooring throughout, two-car direct access garage. Gated property. Private yard perfect for a BBQ. All units separately metered for gas, electric and water! Very low expenses. Excellent location minutes from the heart of the NoHo Arts District, NoHo Metro transportation hub, shops, restaurants, bars, gyms, theaters, parks, grocery stores and a quick trip to Toluca Lake, Tujunga Village, Burbank and the major studios.

Last Agent to Sell the Property

Dan Adivi

Peak Commercial, Inc License #01183293 Listed on: 09/05/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Electric Fence
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,364 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Recessed Lighting
  • Family Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Private Water Source
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 6345
  • Assessor Parcel Number 2337026020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $2,732
  • Maintenance Expense $1,500
  • Water Sewer Expense $360
  • New Taxes Expense $29,382
  • Operating Expense $35,464
  • Gross Income $174,000
  • Net Operating Income $138,536

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

6,000 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.80
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community, Smoke Detector(s)
  • Water Sewer Expenses: 360.00
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 2337026020
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting, Stone Counters, Storage, Wired for Data
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 438.11
  • Room Type: Family Room, Laundry

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Electric
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Average3 Bed Area: 1350 Square Feet
  • Gross Income: 174000.00
  • Gross Scheduled Income: 174000.00
  • Insurance Expense: 2732.00
  • Lot Size Area: 6000.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 138536.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 35464.00
  • Operating Expense Percent: 20.00
  • Rent Control: No
  • Total Actual Rent: 4.00
  • Total Expenses: 35464.00

Tax Info

  • New Taxes Expense: 29382.00
  • Tax Census Tract: 1242.04
  • Tax Lot: 80
  • Tax Tract Number: 6345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2019
Sold by
Gonzalez Enrique and Gonzalez Patricia
Bought by
4 Aces Property Llc
Current Estimated Value
$3,073,097

Purchase Details

Listed on
Sep 5, 2018
Closed on
May 17, 2019
Sold by
Jae Real Estate Llc
Bought by
Gonzalez Enrique and Gonzalez Patricia
Seller's Agent
Dan Adivi
Peak Commercial, Inc
List Price
$2,400,000
Sold Price
$2,350,000
Premium/Discount to List
-$50,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$1,350,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2018
Closed on
Apr 5, 2018
Sold by
Yom Tov Llc
Bought by
Jae Real Estate Llc
Seller's Agent
Simon Mills
Mills Realty of California
Buyer's Agent
Simon Mills
Mills Realty of California
Sold Price
$3,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%

Purchase Details

Closed on
Nov 10, 2016
Sold by
Farris Banks K and Farris Lacev R
Bought by
Yom Tov Llc

Purchase Details

Listed on
May 14, 2012
Closed on
Aug 18, 2012
Sold by
Oquendo Steve
Bought by
Farris Banks K and Farris Lacey R
Seller's Agent
Art Manriques
Home Traditions
Buyer's Agent
Kara Clark
Century 21 Excellence
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%
Original Mortgage
$238,764
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Arboleda Guillermo
Bought by
Arboleda Guillermo and Arboleda Maria Elvia

Purchase Details

Closed on
Dec 21, 1995
Sold by
Kijula Stephen
Bought by
Arboleda Guilelrmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
7.18%
Source: Public Records

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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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
4 Aces Property Llc -- Accommodation
Gonzalez Enrique $2,350,000 Priority Title
Jae Real Estate Llc $2,275,000 Chicago Title Company
Yom Tov Llc $505,000 Chicago Title Company
Farris Banks K $245,000 Fidelity National Title Co
Arboleda Guillermo -- --
Arboleda Guilelrmo $131,500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Enrique $1,350,000
Previous Owner Farris Banks K $238,764
Previous Owner Arboleda Guilelrmo $124,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2019 06/30/19 Sold $2,350,000 0.0% $438 / Sq Ft
05/23/2019 05/23/19 Rented $3,800 0.0% --
05/23/2019 05/23/19 Under Contract -- -- --
05/04/2019 05/04/19 For Rent $3,800 0.0% --
04/11/2019 04/11/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $2,400,000 0.0% $447 / Sq Ft
04/23/2018 04/23/18 Rented $3,800 -99.8% --
04/23/2018 04/23/18 Under Contract -- -- --
04/11/2018 04/11/18 Sold $2,275,000 0.0% $424 / Sq Ft View Prior Sale
04/11/2018 04/11/18 For Rent $3,800 0.0% --
03/07/2018 03/07/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $2,275,000 +758.5% $424 / Sq Ft
07/30/2012 07/30/12 Sold $265,000 -- $251 / Sq Ft View Prior Sale
05/14/2012 05/14/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,487 $2,621,465 $1,896,380 $725,085
2024 $31,487 $2,570,065 $1,859,197 $710,868
2023 $30,875 $2,519,673 $1,822,743 $696,930
2022 $29,435 $2,470,268 $1,787,003 $683,265
2021 $29,061 $2,421,832 $1,751,964 $669,868
2020 $29,359 $2,397,000 $1,734,000 $663,000
2019 $353 $2,320,500 $928,200 $1,392,300
2018 $6,306 $515,100 $412,080 $103,020
2016 $3,163 $254,855 $186,097 $68,758
2015 $3,118 $251,028 $183,302 $67,726
2014 $3,136 $246,112 $179,712 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18216514

California Regional Multiple Listing Service (CRMLS)

APN: 2337-026-020

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