Seller's Agent in 2016
Arnold Ver
KINGSTON REALTY
(626) 905-0919
4 Total Sales
5928 Vineland Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated Value: $1,624,000 - $2,208,000
10
Beds
7
Baths
3,914
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Modern Architecture
- No HOA
- Wood Flooring
- Granite Countertops
- Laundry Room
About This Home
As of June 2016Brand new construction no rent control in cosmopolitan North Hollywood and just over a mile to the Arts District. This is a new 3 unit condo style luxury apartment in the heart of the media, newscast and film industry. Adjacent to Studio City, Universal City, Hollywood, Valley Village, Burbank and Van Nuys. There are 2 separate buildings, the front building is a SFR with 4bdrm 3ba 1750 s.f. with its own entrance. The back building is a duplex with 3bd 2ba of about 1068 s.f. each. All units have their master bedrooms and the homes are built with the most up-to-date home construction materials. Each unit has its own in-house laundry hook-ups, full kitchen appliances including refrigerators. Units have ambient open living, dining and kitchen set-up with the most efficient use of space and the trendy interior design amenities found in modern and luxury living. All units are metered individually for electric, gas and water and minimum maintenance set-up. CAP, GRM, expenses and rental amounts are projections as units are in the final stages of completion and obtaining final permits and Certificate of Occupancy. This beautiful property is also excellent for an owner occupant, home need not be too far from work. Great opportunity to own these new units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,975
Year Built
- Built in 2016 | Newly Remodeled
Lot Details
- 5,557 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Front Yard
Home Design
- Modern Architecture
- Property Attached
- Turnkey
- Composition Roof
Interior Spaces
- 3,914 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Parking
- 12 Parking Spaces
- Parking Available
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection, water
- Tax Lot 7
- Tax Tract Number 9854
- Assessor Parcel Number 2415001005
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $600
- Insurance Expense $1,800
- Maintenance Expense $5,000
- Trash Expense $1,000
- Water Sewer Expense $800
- New Taxes Expense $17,625
- Gross Income $96,000
- Net Operating Income $86,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 7, 2014
Sold by
Verono Llc
Bought by
7500 Vineland Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2014
Sold by
Mostafavi Morvarid
Bought by
Verono Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Mostafavi Morvarid
Purchase Details
Closed on
Sep 23, 2013
Sold by
Serrano Francisco Javier and Heredia Carmen
Bought by
Nationstar Mortgage Llc
Purchase Details
Closed on
May 8, 2003
Sold by
Heredia Carmen and Serrano Francisco Javier
Bought by
Serrano Francisco Javier and Heredia Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.5%
Purchase Details
Closed on
Jan 17, 1997
Sold by
Casillas Rafael and Casillas Maria J
Bought by
Heredia Carmen and Serrano Francisco Javier
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,628
Interest Rate
7.85%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 24, 1995
Sold by
Ordonez Celsa Lidia
Bought by
Vargas Sixto
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 7500 Vineland Llc | -- | None Available | |
| Verono Llc | $325,000 | Title 365 | |
| Mostafavi Morvarid | -- | Title 365 | |
| Nationstar Mortgage Llc | $311,518 | Accommodation | |
| Serrano Francisco Javier | -- | Security Union Title | |
| Heredia Carmen | $113,500 | Old Republic Title | |
| Vargas Sixto | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Babit Aaron | $848,500 | |
| Closed | Babit Arron | $350,000 | |
| Closed | 7500 Vineland Llc | $650,000 | |
| Previous Owner | Verono Llc | $227,000 | |
| Previous Owner | Serrano Francisco Javier | $360,000 | |
| Previous Owner | Serrano Francisco Javier | $135,000 | |
| Previous Owner | Serrano Francisco Javier | $125,000 | |
| Previous Owner | Heredia Carmen | $112,628 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2016 06/13/16 | Sold | $1,400,000 | -0.7% | $358 / Sq Ft |
| 01/15/2016 01/15/16 | Pending | -- | -- | -- |
| 12/05/2015 12/05/15 | For Sale | $1,410,000 | -- | $360 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,975 | $1,657,191 | $946,917 | $710,274 |
| 2024 | $19,975 | $1,624,698 | $928,350 | $696,348 |
| 2023 | $19,588 | $1,592,843 | $910,148 | $682,695 |
| 2022 | $18,676 | $1,561,611 | $892,302 | $669,309 |
| 2021 | $18,438 | $1,530,992 | $874,806 | $656,186 |
| 2020 | $18,625 | $1,515,294 | $865,836 | $649,458 |
| 2019 | $17,885 | $1,485,583 | $848,859 | $636,724 |
| 2018 | $17,768 | $1,456,455 | $832,215 | $624,240 |
Source: Public Records
Agents Affiliated with this Home
-
Arnold Ver
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV15257889
APN: 2415-001-023
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