$850,000
SOLD MAY 13, 2025
4 Beds
2 Baths
1,897 Sq Ft
6,252 Sq Ft Lot

Recently Sold

$448 Per Sq Ft

7% Below List Price

108 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Kester Avenue Elementary School Rated A-
  • Back and Front Yard

About This Home

As of May 2025

BACK ON THE MARKET AT NO FAULT OF THE SELLERS. Don’t miss this incredible opportunity to own a great duplex in Van Nuys! A true must-see! Situated in the heart of the San Fernando Valley near Sherman Oaks, and Lake Balboa Park, offering scenic trails, picnic areas, and paddle boating, with the 405 and 101 Freeways just moments away, you'll have quick access to what Los Angeles has to offer. This charming duplex is fully occupied and features a total of 4BR/2BA (each unit is 2BR/1BA). Detached 2-car garage. Conveniently located near shopping centers, dining, entertainment, and DTLA. This property is ideal for a new apartment building, condos, or a small lot subdivision. It is perfect for fix-and-flip investors. *Do not disturb occupants.

Last Agent to Sell the Property

Daniel Avendano

Century 21 Allstars Brokerage Phone: 562-254-2003 License #01333984 Listed on: 12/20/2024

Century 21 Allstars

Last Buyer's Agent

Daniel Avendano

Century 21 Allstars Brokerage Phone: 562-254-2003 License #01333984 Listed on: 12/20/2024

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,867

Year Built

  • Built in 1956

Lot Details

  • 6,252 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,897 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 21677
  • Assessor Parcel Number 2244012008
  • $305 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,563
  • Trash Expense $1,800
  • Operating Expense $4,563
  • Gross Income $44,424
  • Net Operating Income $39,861

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,867

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 455000
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2244012008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: main
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 448.08

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6252.00
  • Lot Size Acres: 0.1435

Multi Family

  • Gross Income: 44424.00
  • Gross Scheduled Income: 44424.00
  • Insurance Expense: 1563.00
  • Lot Size Area: 6252.0000 Square Feet
  • Net Operating Income: 39861.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4563.00
  • Rent Control: Yes
  • Total Actual Rent: 3702.05
  • Total Expenses: 4563.00

Tax Info

  • Tax Census Tract: 1284.00
  • Tax Lot: 8
  • Tax Tract Number: 21677
  • TaxOtherAnnualAssessmentAmount: 305.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2022
Sold by
Arrington Anthony
Bought by
5822-24 Kester Ave Llc

Purchase Details

Closed on
Oct 3, 2022
Sold by
Brienne Arrington
Bought by
5822-24 Kester Ave Llc

Purchase Details

Closed on
Mar 8, 2008
Sold by
Shrawder Carl F
Bought by
Carl F Shrawder Revocable Living Trust

Purchase Details

Closed on
Aug 12, 2003
Sold by
Lau Paul and Lau Yu Fong Lee
Bought by
Shrawder Carl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1998
Sold by
Kwei Tong Chan and Kwei Yee Wah Lee
Bought by
Lau Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.88%

Purchase Details

Closed on
May 4, 1998
Sold by
Ho Steve S
Bought by
Lau Anny S
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 Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed $400,000 Fidelity
Grant Deed $80,000 United Title Company
Interfamily Deed Transfer -- United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $850,000 -6.6% $448 / Sq Ft
12/20/2024 12/20/24 For Sale $909,999 -- $480 / 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 $14,867 $1,238,076 $743,886 $494,190
2024 $14,867 $1,213,800 $729,300 $484,500
2023 $8,087 $648,799 $396,315 $252,484
2022 $6,545 $535,903 $334,941 $200,962
2021 $6,459 $525,396 $328,374 $197,022
2019 $6,268 $509,814 $318,635 $191,179
2018 $6,182 $499,819 $312,388 $187,431
2016 $5,898 $480,411 $300,258 $180,153
2015 $5,813 $473,195 $295,748 $177,447
2014 $5,842 $463,927 $289,955 $173,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24252820

California Regional Multiple Listing Service (CRMLS)

APN: 2244-012-008