$1,150,000
SOLD FEB 28, 2025

6311 Hazeltine Ave van Nuys, CA 91401

Valley Glen Neighborhood
0.24 Acre
$4,724,733 Price per Acre
10,604 Sq Ft Lot

Recently Sold

$629 Per Sq Ft

10% Above List Price

63 Days on Market

About This Lot

As of February 2025

Unlock the massive amount of potential of this spacious 10,604 sq ft corner lot located in the heart of Van Nuys. Zoned LARD1.5 with a large portion of the lot empty, there are a multitude of potential strategies for developers and investors. Build 3 duplexes, demolish one existing bungalow and convert the north most bungalow into an ADU. Demolish both existing structures and build 3 duplexes plus an attached ADU (7 units total). Leave both existing structures and build a duplex on the front of the lot with an attached ADU. Do an ED-1 project and build 30-45 units, depending on unit size. The 2 2-bedroom 1-bath bungalows that sit on the northern end are currently bringing in $3,450 a month. The possibilities are truly endless. Don't miss out on this incredible opportunity.

Last Agent to Sell the Property

Kaela Whelan

Compass License #01965737 Listed on: 11/08/2024

Compass

Last Buyer's Agent

Kristina Akopyan

Beverly Global Realty License #02105083

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,349

Lot Details

  • 10,604 Sq Ft Lot
  • Property is zoned LARD1.5

Property Views

  • City Views

Listing and Financial Details

  • Assessor Parcel Number 2240-015-014

Property Details

Property Type

Land

Est. Annual Taxes

$2,349

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2434
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 2240-015-014
  • Lot Size Area: 10604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Feb 25, 2025
Sold by
Ilona Chirkinyan
Bought by
Dallakyan Arshak
Seller's Agent
Kaela Whelan
Compass
Buyer's Agent
Kristina Akopyan
Beverly Global Realty
List Price
$1,049,000
Sold Price
$1,150,000
Premium/Discount to List
$101,000
9.63%
Views
59
Current Estimated Value
$1,129,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,006
Avg. Annual Appreciation
-3.43%
Original Mortgage
$816,000
Outstanding Balance
$812,643
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$320,646

Purchase Details

Listed on
Nov 8, 2024
Closed on
Feb 3, 2025
Sold by
7125 La Cienega Llc
Bought by
Dallakyan Arshak
Seller's Agent
Kaela Whelan
Compass
Buyer's Agent
Kristina Akopyan
Beverly Global Realty
List Price
$1,049,000
Sold Price
$1,150,000
Premium/Discount to List
$101,000
9.63%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Outstanding Balance
$812,643
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$320,646

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 29, 2024
Sold by
Biers Family Trust and Biers-Ariel Matthew
Bought by
7125 La Cienega Llc
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Filip Niculete
Marcus & Millichap
List Price
$995,000
Sold Price
$915,000
Premium/Discount to List
-$80,000
-8.04%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.49%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Ticor Title Company
Grant Deed $1,150,000 Ticor Title Company
Grant Deed $915,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $816,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,150,000 +9.6% $629 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
11/08/2024 11/08/24 For Sale $1,049,000 +14.6% $574 / Sq Ft
10/17/2024 10/17/24 Sold $915,000 -8.0% $501 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $995,000 -- $544 / Sq Ft
Source: The MLS

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 $2,349 $915,000 $525,000 $390,000
2024 $2,349 $167,060 $117,847 $49,213
2023 $2,309 $163,786 $115,537 $48,249
2022 $2,210 $160,575 $113,272 $47,303
2021 $2,175 $157,427 $111,051 $46,376
2020 $2,191 $155,814 $109,913 $45,901
2019 $2,115 $152,759 $107,758 $45,001
2018 $2,029 $149,765 $105,646 $44,119
2016 $1,922 $143,951 $101,545 $42,406
2015 $1,897 $141,790 $100,020 $41,770
2014 $1,919 $139,013 $98,061 $40,952
Source: Public Records

Agents Affiliated with this Home

  • Kaela Whelan

    Seller's Agent in 2025

    Kaela Whelan

    Compass

    (310) 577-5300

    1 in this area

    16 Total Sales

    Section Image

  • K

    Buyer's Agent in 2025

    Kristina Akopyan

    Beverly Global Realty

  • Filip Niculete

    Seller's Agent in 2024

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    4 in this area

    106 Total Sales

    Section Image
  • Glen Scher

    Seller Co-Listing Agent in 2024

    Glen Scher

    Marcus & Millichap

    (818) 212-2700

    4 in this area

    43 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-461415

The MLS

APN: 2240-015-014

California Los Angeles County Van Nuys 91401 Valley Glen

6311 Hazeltine Ave, Van Nuys, CA

This home is located at 6311 Hazeltine Ave, van Nuys, CA 91401 and is currently priced at $1,150,000, approximately $629 per square foot. 6311 Hazeltine Ave is a home located in Los Angeles County with nearby schools including Van Nuys Elementary School, Van Nuys High School, and Ararat Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes