NOT LISTED FOR SALE

6054 Colfax Ave North Hollywood, CA 91606

North Hollywood Neighborhood

Estimated Value: $989,164 - $1,186,000

3 Beds
1 Bath
1,512 Sq Ft
$706/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $438,000 $290 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,384/month

Highlights

  • Contemporary Architecture
  • Lawn
  • West Facing Home
  • North Hollywood Senior High School Rated A
  • Laundry Room
  • Wood Siding

About This Home

As of May 2012

Price reduced again! Motivated seller! Standard sale! 3 units with current rents (approximately): front house 3BR & 2BA, $1568; 1BR & 1BA Unit $1000; studio apt. $600 (last 2 include utilities). Great turnkey investment property or live in one and rent the others. Also, seller has blueprints to build six apartments on this R3 zoned, approximately 9000 SF lot. Buyer to do own research regarding Assessor information and permits. Call listing agent for details and showing instructions for this unique opportunity.

Last Agent to Sell the Property

Kathleen Kirby

No Firm Affiliation License #01463103 Listed on: 05/02/2012

Last Buyer's Agent

Sarkis Aleksanian

License #01214017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 1932

Lot Details

  • 8,964 Sq Ft Lot
  • West Facing Home
  • Sprinkler System
  • Lawn

Parking

  • 5 Parking Spaces

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6516
  • Assessor Parcel Number 2334014040

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $666
  • Maintenance Expense $900
  • Other Expense $108
  • New Taxes Expense $3,125
  • Gross Income $3,168
  • Net Operating Income $31,817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,807

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 2334014040
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: One

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Refrigerator
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Washer Included
  • Water Source: Public

Lot Info

  • Lot Features: Lawn, Sprinkler System
  • Lot Size Sq Ft: 8964.00
  • Lot Size Acres: 0.2100

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 3168.00
  • Gross Scheduled Income: 38016.00
  • Insurance Expense: 666.00
  • Lot Size Area: 8964.0000 Square Feet
  • Maintenance Expense: 900.00
  • Net Operating Income: 31817.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 6199.00
  • Other Expense: 108.00
  • Other Expense Description: code enf
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3125.00
  • Tax Lot: 8
  • Tax Tract Number: 6516
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2015
Sold by
Yaralian Vartan and Yaralian Brenda
Bought by
The Amended & Restated Yaralian Family T
Current Estimated Value
$1,067,541

Purchase Details

Listed on
May 2, 2012
Closed on
May 24, 2012
Sold by
Cotton T Christian
Bought by
Yaralian Vartan and Yaralian Brenda
Seller's Agent
Kathleen Kirby
No Firm Affiliation
Buyer's Agent
Sarkis Aleksanian
Sold Price
$438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Jan 13, 2004
Sold by
Cotton Siv
Bought by
Cotton T Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2003
Sold by
Anb Enterprises Inc
Bought by
Cotton T Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Anb Enterprises Inc
Bought by
Khosravi Farshid and Khosravi Sarvar Fereidounian

Purchase Details

Closed on
May 29, 2002
Sold by
Johnson Jamar C
Bought by
Anb Enterprises Inc

Purchase Details

Closed on
May 4, 1999
Sold by
Kay Madeleine and Glickman Madeleine
Bought by
Johnson Jamar C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,313
Interest Rate
7.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Amended & Restated Yaralian Family T -- None Available
Yaralian Vartan $87,000 Chicago Title Company
Cotton T Christian -- North American Title Co
Cotton T Christian $440,000 North American Title Co
Khosravi Farshid $106,054 --
Anb Enterprises Inc $212,112 --
Johnson Jamar C $89,500 Benefit Land Title
Johnson Jamar C $89,500 Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotton T Christian $352,000
Previous Owner Johnson Jamar C $177,313
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $438,000 -- $290 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
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 $6,807 $550,140 $406,957 $143,183
2024 $6,807 $539,354 $398,978 $140,376
2023 $6,679 $528,779 $391,155 $137,624
2022 $6,373 $518,412 $383,486 $134,926
2021 $6,292 $508,248 $375,967 $132,281
2020 $6,353 $503,037 $372,112 $130,925
2019 $6,107 $493,174 $364,816 $128,358
2018 $5,989 $483,505 $357,663 $125,842
2016 $5,719 $464,731 $343,775 $120,956
2015 $5,636 $457,752 $338,612 $119,140
2014 $5,666 $448,787 $331,980 $116,807
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kathleen Kirby

    No Firm Affiliation

  • S

    Buyer's Agent in 2012

    Sarkis Aleksanian

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11039989

California Regional Multiple Listing Service (CRMLS)

APN: 2334-014-040

California Los Angeles County North Hollywood 91606 North Hollywood

6054 Colfax Ave, North Hollywood, CA

This home is located at 6054 Colfax Ave, North Hollywood, CA 91606 since 02 May 2012 and is currently estimated at $1,067,541, approximately $706 per square foot. This property was built in 1932. 6054 Colfax Ave is a home located in Los Angeles County with nearby schools including Victory Boulevard Elementary School, Roy Romer Middle School, and North Hollywood Senior High 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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