NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,385,611

2 Beds
1 Bath
2,168 Sq Ft
$562/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $780,000 $360 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,313/month

10 Days on Market

Highlights

  • Under Construction
  • Wood Flooring
  • Double Pane Windows
  • North Hollywood Senior High School Rated A
  • Granite Countertops
  • Laundry Room

About This Home

As of July 2015

Great opportunity 3 units in a great North Hollywood neighborhood, this property is been build as you read this, and it is almost finished. This means, you will have two brand new units and one completely renovated, all units have: a comfortable 2 bedrooms, one bathroom, laundry room, and an open floor plan. All units have granite counter tops and back splash, gorgeous kitchen cabinets, laminated hardwood flooring, tiled bathrooms and laundry rooms, central A/C, energy efficient lighting, double pane windows, fluorescent lighting in kitchen, mirrored closet doors, fire sprinklers, beautiful huge parking with permeable pavers for six cars(room for more), a 400amp electrical panel with four electrical meters, one for each unit and the house meter, separated gas meters, this is a gorgeous property and like I mentioned before, it is in the last stage of construction, we should get the final within 2 weeks, but don't wait since this property is not going to last!!

Last Agent to Sell the Property

Edgar Castro

Park Regency Realty License #01411804 Listed on: 05/31/2015

Park Regency Realty

Last Buyer's Agent

William Ordonez

Park Regency Realty License #01263223

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,268

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 6,610 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Laundry Room

Kitchen

  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 6 Parking Spaces
  • Parking Available
  • Uncovered Parking

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 127
  • Tax Tract Number 10319
  • Assessor Parcel Number 2338008003

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,000
  • Trash Expense $1,600
  • Water Sewer Expense $2,000
  • New Taxes Expense $10,312
  • Gross Income $68,400
  • Net Operating Income $52,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,268

Year Built

Built in 2015 | Under Construction

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Water Sewer Expenses: 2000.00
  • New Construction: Yes
  • Property Condition: Updated/Remodeled, Under Construction
  • Property Type: Residential Income
  • Parcel Number: 2338008003
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 359.78
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Trash Expense: 1600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Valley

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6610.00
  • Price Per Lot Square Foot: 118.00
  • Lot Size Acres: 0.1520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 725
  • Electric Expense: 600.00
  • Gross Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6610.0000 Square Feet
  • Net Operating Income: 52888.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15512.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10312.00
  • Tax Lot: 127
  • Tax Tract Number: 10319
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Simhai Sassan and Refoua Venus
Bought by
Simhai Family Trust and Simhai
Current Estimated Value
$1,217,903

Purchase Details

Listed on
May 31, 2015
Closed on
Jul 22, 2015
Sold by
Alexander Joseph and Alexander Trust
Bought by
Simhai Sassan and Refona Venus
Seller's Agent
Edgar Castro
Park Regency Realty
Buyer's Agent
William Ordonez
Park Regency Realty
List Price
$825,000
Sold Price
$780,000
Premium/Discount to List
-$45,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$585,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2014
Sold by
Diaz Emerson
Bought by
Alexander Joseph and Alexander Trust

Purchase Details

Closed on
Aug 2, 2012
Sold by
Rosales Erland and Rosales Rosa
Bought by
Diaz Emerson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
3.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2002
Sold by
Perez Luis and Perez Socorro
Bought by
Rosales Erland and Rosales Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,175
Interest Rate
6.8%
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 Buyer Sale Price Title Company
Simhai Family Trust -- None Listed On Document
Simhai Sassan $780,000 Lawyers Title
Alexander Joseph $385,000 Lawyers Title
Diaz Emerson $225,000 Lawyers Title
Rosales Erland $186,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simhai Sassan $585,000
Previous Owner Diaz Emerson $220,924
Previous Owner Rosales Erland $177,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $780,000 -5.5% $360 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $825,000 -- $381 / 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 $11,268 $923,236 $473,396 $449,840
2024 $11,268 $905,134 $464,114 $441,020
2023 $11,052 $887,387 $455,014 $432,373
2022 $10,542 $869,989 $446,093 $423,896
2021 $10,410 $852,932 $437,347 $415,585
2019 $10,101 $827,635 $424,376 $403,259
2018 $9,974 $811,407 $416,055 $395,352
2016 $9,528 $779,900 $399,900 $380,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15115952

California Regional Multiple Listing Service (CRMLS)

APN: 2338-008-033