NOT LISTED FOR SALE

5940 Cantaloupe Ave van Nuys, CA 91401

Valley Glen Neighborhood

Estimated Value: $987,000 - $1,372,000

4 Beds
3 Baths
1,800 Sq Ft
$623/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $760,000 $422 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,980/month

15 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Ulysses S. Grant Senior High School Rated A-

About This Home

As of June 2019

We are pleased to present this Van Nuys duplex located just minutes from public transportation and local shopping. Great investor opportunity to live in the Van Nuys area while receiving income for the other unit. The front home consist of 3 bedrooms 2 bathrooms totaling close to 1200 sqft. Property has had some renovations and upgrades but still has room for some TLC to bring this duplex back to life. The rear unit consist of 1 bedroom 1 bathroom unit that was renovated 2 years ago. Some updates included countertops, flooring, and painting. The property has security cameras along with sprinkler systems for the front and back units on timers. With a large lot both tenant and owners will have plenty of space and privacy with the fenced back yards. The property has also had some major updates to the electrical systems along with HVAC unit replacements.

Last Agent to Sell the Property

Dante Underwood

No Firm Affiliation License #01841690 Listed on: 04/10/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,417

Year Built

  • Built in 1939

Lot Details

  • 10,316 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Land Lease

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Urban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 55
  • Tax Tract Number 7852
  • Assessor Parcel Number 2246006023

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Valley

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $12,629
  • Gross Income $45,600
  • Net Operating Income $31,603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,417

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 2246006023
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 422.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10316.00
  • Lot Size Acres: 0.2368

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Lot Size Area: 10316.0000 Square Feet
  • Net Operating Income: 31603.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12629.00
  • Rent Control: Yes
  • Total Actual Rent: 3800.00
  • Total Expenses: 12629.00

Tax Info

  • Tax Census Tract: 1286.01
  • Tax Lot: 55
  • Tax Tract Number: 7852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Reilman Andrew and Faris Allison
Bought by
Faris Allison and Reilman Andrew
Current Estimated Value
$1,121,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Outstanding Balance
$510,493
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$623,728

Purchase Details

Closed on
Aug 10, 2021
Sold by
Faris Allison and Reilman Andrew
Bought by
Reilman Andrew and Faris Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Outstanding Balance
$510,493
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$623,728

Purchase Details

Listed on
Apr 10, 2019
Closed on
Apr 30, 2019
Sold by
Aman Valli Rae and Valli Rae Aman Family Trust
Bought by
Faris Allison and Reilman Andrew
Seller's Agent
Dante Underwood
No Firm Affiliation
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$570,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2013
Sold by
Aman Valli Rae
Bought by
Aman Valli Rae and Valli Rae Aman Family Trust

Purchase Details

Closed on
Feb 4, 2013
Sold by
Aman Vallie Rae
Bought by
Aman Valli Rae

Purchase Details

Closed on
Apr 19, 2006
Sold by
Valli Rae Aman Family Trust
Bought by
Aman Valli R and Aman Valli Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2006
Sold by
Aman Valli R
Bought by
Vallie Rae Aman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2005
Sold by
Aman Vallie Rae
Bought by
Valli Rae Aman Family Trust

Purchase Details

Closed on
Apr 6, 2000
Sold by
Aman Valli Rae
Bought by
Aman Valli Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
8.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 11, 1998
Sold by
Rodgers Roman
Bought by
Aman Valli Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.73%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Aman Clement Alvin
Bought by
Aman Valli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.73%

Purchase Details

Closed on
Oct 25, 1994
Sold by
Rosenthal Larry
Bought by
Rosenthal Miriam Rodgers
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
Faris Allison -- Accommodation
Reilman Andrew -- First American Ttl San Diego
Faris Allison $775,000 Ticor Title
Aman Valli Rae -- None Available
Aman Valli Rae -- None Available
Aman Valli R -- First American Title Ins Co
Vallie Rae Aman Family Trust -- First American Title Ins Co
Valli Rae Aman Family Trust -- --
Aman Valli Rae -- Fidelity Title
Aman Valli Rae $217,000 Lawyers Title Company
Aman Valli -- Lawyers Title Company
Rosenthal Miriam Rodgers -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilman Andrew $559,000
Closed Faris Allison $570,000
Previous Owner Aman Valli R $99,700
Previous Owner Aman Valli R $170,000
Previous Owner Aman Valli R $160,000
Previous Owner Aman Valli Rae $70,000
Previous Owner Aman Valli Rae $340,000
Previous Owner Aman Valli Rae $279,650
Previous Owner Aman Valli Rae $40,400
Previous Owner Aman Valli Rae $195,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $760,000 -1.9% $422 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $775,000 -- $431 / 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 $10,417 $864,522 $691,620 $172,902
2024 $10,417 $847,571 $678,059 $169,512
2023 $10,215 $830,953 $664,764 $166,189
2022 $9,738 $814,661 $651,730 $162,931
2021 $9,623 $798,688 $638,951 $159,737
2020 $9,722 $790,500 $632,400 $158,100
2019 $5,622 $304,945 $181,281 $123,664
2018 $3,660 $298,967 $177,727 $121,240
2016 $3,494 $287,360 $170,827 $116,533
2015 $3,443 $283,045 $168,262 $114,783
2014 $3,462 $277,501 $164,966 $112,535
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dante Underwood

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19091779

California Regional Multiple Listing Service (CRMLS)

APN: 2246-006-023

California Los Angeles County Van Nuys 91401 Valley Glen

5940 Cantaloupe Ave, Van Nuys, CA

This home is located at 5940 Cantaloupe Ave, van Nuys, CA 91401 since 10 April 2019 and is currently estimated at $1,121,624, approximately $623 per square foot. This property was built in 1939. 5940 Cantaloupe Ave is a home located in Los Angeles County with nearby schools including Erwin Street Elementary School, Ulysses S. Grant Senior High School, and Ararat Charter School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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