NOT LISTED FOR SALE

5915 Cedros Ave van Nuys, CA 91411

Van Nuys Area
12 Beds
12 Baths
7,870 Sq Ft
6,716 Sq Ft Lot

Sale Details

Date Sold: October 6, 2016

Last sale price $2,000,000 $254 Per Sq Ft

9 Days on Market

Highlights

  • Subterranean Parking
  • Kester Avenue Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of October 2016

Professionally managed building on a quiet residential street in great rental area. Gated and secured building completed in 1987. Subterranean gated parking for 12 cars. Entrance upon acceptance of offer. *Units 201, 203 and 204 also feature a loft space **Please see attached documents for rent rolls, operating expenses, etc

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 09/08/2016

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Victoria Khuu

License #01024662

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,716

Interior Spaces

  • 7,870 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • Subterranean Parking
  • 12 Covered Spaces

Additional Features

  • 6,716 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2244-009-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

6,716 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7870
  • Probate: No
  • Stories: 2
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 190.60

Exterior Features

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

Garage/Parking

  • Covered Parking: 12
  • Parking Garage: Subterranean
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2244-009-028
  • Geocode Override: No
  • Lot Size Area: 6716

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Number Of Units: 8
  • Type Of Units: Apartments

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
Sep 8, 2016
Closed on
Sep 26, 2016
Sold by
Bought by
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Victoria Khuu
List Price
$1,499,999
Sold Price
$2,000,000
Premium/Discount to List
$500,001
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2012
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
$860,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 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
$400,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2003
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
$720,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 1995
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,000,000 Lawyers Title Company
-- None Available
-- None Available
$1,375,000 Fidelity National Title Co
$960,000 United Title
-- United Title Company
-- --
$450,000 --
$330,000 American 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
Open $1,500,000
Closed $1,700,000
Closed $1,400,000
Closed $1,400,000
Previous Owner $860,000
Previous Owner $400,000
Previous Owner $720,000
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
10/06/2016 10/06/16 Sold $2,000,000 +33.3% $254 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $1,499,999 -- $191 / 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
2025 $28,925 $2,321,166 $928,467 $1,392,699
2024 $28,551 $2,275,654 $910,262 $1,365,392
2023 $28,010 $2,231,034 $892,414 $1,338,620
2022 $26,731 $2,187,289 $874,916 $1,312,373
2021 $26,380 $2,144,402 $857,761 $1,286,641
2019 $25,604 $2,080,800 $832,320 $1,248,480
2018 $25,443 $2,040,000 $816,000 $1,224,000
2016 $18,746 $1,499,309 $599,723 $899,586
2015 $18,480 $1,476,789 $590,715 $886,074
2014 $18,580 $1,447,862 $579,144 $868,718
Source: Public Records

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Map

Source: The MLS

MLS Number: 16-159602

The MLS
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