NOT LISTED FOR SALE

5757 Halbrent Ave van Nuys, CA 91411

Van Nuys Area
3 Beds
2 Baths
3,822 Sq Ft
8,455 Sq Ft Lot

Sale Details

Date Sold: March 15, 2014

Last sale price $835,000 $218 Per Sq Ft

263 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Rectangular Lot
  • Kester Avenue Elementary School Rated A

About This Home

As of March 2014

GREAT SHERMAN OAKS ADJACENT AREA. SIX UNIT BUILDING ON A LARGE CORNER LOTS IN A QUIET RESIDENTIAL NEIGHBORHOOD. GREAT UNIT MIX OF 2 (2BD, 1BA) AND 4 (1BA, 1BATH). NEWER PAINT, NEWER SHINGLE COMPOSITION ROOF, COOPER PLUMBING. SEPERATED GAS AND ELECTIRCAL METERS. ACCESS TO MAJOR FREEWAYS, CLOSE TO SHOPPING CENTER, COSTCO, ETC. MOTIVATED SELLER!!! DRIVE BY ONLY!

Last Agent to Sell the Property

Alina Chubay

Omega Realty & Lending,Inc. License #01526845 Listed on: 05/13/2013

Last Buyer's Agent

Anil Parekh

KP Realty & Investments Inc License #01912423

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,455 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Density is 6-10 Units/Acre

Home Design

  • 3,822 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 339
  • Tax Tract Number 1000
  • Assessor Parcel Number 2243004001

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $2,564
  • Gardener Expense $895
  • Insurance Expense $1,038
  • Maintenance Expense $4,332
  • New Taxes Expense $11,187
  • Gross Income $4,380
  • Net Operating Income $33,678

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

8,455 Sq Ft Lot

Listing Details

  • CapRate: 3.47
  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 895.00
  • Parcel Number: 2243004001
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 218.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 6-10 Units/Acre, Level, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 8455.00
  • Lot Size Acres: 0.1940

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2564.00
  • Gross Income: 4380.00
  • Gross Multiplier: 17.30
  • Gross Scheduled Income: 52560.00
  • Insurance Expense: 1038.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8455.0000 Square Feet
  • Maintenance Expense: 4332.00
  • Net Operating Income: 33678.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 18882.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 11187.00
  • Tax Lot: 339
  • Tax Tract Number: 1000
  • Tax Year: 2012

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
May 13, 2013
Closed on
Feb 28, 2014
Sold by
Bought by
Seller's Agent
Alina Chubay
Omega Realty & Lending,Inc.
Buyer's Agent
Anil Parekh
KP Realty & Investments Inc
List Price
$895,000
Sold Price
$835,000
Premium/Discount to List
-$60,000
-6.7%

Purchase Details

Closed on
Sep 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
0.0501%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
0.0501%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
0.0635%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 14, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$835,000 Lawyers Title
-- Lawyers Title
$730,000 Ortc
-- Accommodation
$675,000 Stewart Title Of California
$706,500 Southland Title
-- --
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
Previous Owner $475,000
Previous Owner $475,000
Previous Owner $430,000
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
03/15/2014 03/15/14 Sold $835,000 -6.7% $218 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
05/13/2013 05/13/13 For Sale $895,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $13,295 $1,023,587 $612,928 $410,659
2024 $13,138 $1,003,517 $600,910 $402,607
2023 $12,899 $983,841 $589,128 $394,713
2022 $12,332 $964,551 $577,577 $386,974
2021 $12,175 $945,639 $566,252 $379,387
2019 $11,832 $919,142 $549,457 $369,685
2018 $11,682 $901,151 $538,684 $362,467
2016 $11,121 $864,670 $517,767 $346,903
2015 $10,968 $851,683 $509,990 $341,693
2014 -- $747,980 $426,246 $321,734
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13088343

California Regional Multiple Listing Service (CRMLS)
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