NOT LISTED FOR SALE

6403 Densmore Ave van Nuys, CA 91406

Estimated Value: $775,000 - $970,000

4 Beds
4 Baths
1,555 Sq Ft
$583/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2018

Last sale price $605,000 $389 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,601 / mo

76 Days on Market

Highlights

  • Corner Lot
  • Recessed Lighting
  • Storage
  • Granite Countertops
  • Laundry Room
  • Back and Front Yard

About This Home

As of August 2018

Welcome home to this Fantastic Duplex in Lake Balboa. The front yard is sprawling with curb appeal, drought tolerant artificial turf landscaping, huge parking area, rolling Iron Gate, driveway & detached garage which may possibly be turned into an Auxiliary dwelling unit. Each unit is two bedrooms & two bathrooms with private laundry rooms in each. The vacant unit in front features a living room with fresh paint, laminate flooring, recessed lighting and bright dual pane windows all around. The Kitchen features tile flooring, granite tile counter tops, stainless steel range stove & connects to the laundry room. The main bathroom and powder room feature new tile flooring, new vanities, shower in bath tub in the full bath & fresh paint. The second unit is tenant occupied currently and mirrors the first unit. The long driveway leads to the private back yard area where you can entertain guests & access the detached two car garage.

Last Agent to Sell the Property

Sevag Nakachian

Pinnacle Estate Properties License #01878875 Listed on: 04/26/2018

Pinnacle Estate Properties

Last Buyer's Agent

Sevag Nakachian

Pinnacle Estate Properties License #01878875 Listed on: 04/26/2018

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,124 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Interior Block Wall
  • Partial Copper Plumbing

Interior Spaces

  • 1,555 Sq Ft Home
  • Recessed Lighting
  • Storage

Kitchen

  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 1276
  • Assessor Parcel Number 2233007017

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $669
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,063
  • Operating Expense $12,132
  • Gross Income $43,200
  • Net Operating Income $31,077

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,124 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 4.28
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2233007017
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Block Walls, Copper Plumbing Partial, Granite Counters, Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 389.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6124.00

Multi Family

  • Gross Income: 43200.00
  • Gross Multiplier: 16.78
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 669.00
  • Net Operating Income: 31077.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12132.00
  • Rent Control: Yes
  • Total Expenses: 12132.00

Tax Info

  • New Taxes Expense: 9062.50
  • Tax Census Tract: 1276.06
  • Tax Lot: 102
  • Tax Tract Number: 1276.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Bought by
Current Estimated Value
$906,076

Purchase Details

Listed on
Apr 26, 2018
Closed on
Sep 6, 2018
Sold by
Bought by
Seller's Agent
Sevag Nakachian
Pinnacle Estate Properties
Buyer's Agent
Sevag Nakachian
Pinnacle Estate Properties
List Price
$750,000
Sold Price
$605,000
Premium/Discount to List
-$145,000
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 12, 2018
Sold by
Bought by
Seller's Agent
Sevag Nakachian
Pinnacle Estate Properties
Buyer's Agent
Sevag Nakachian
Pinnacle Estate Properties
List Price
$750,000
Sold Price
$605,000
Premium/Discount to List
-$145,000
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2002
Sold by
Bought by

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
5.99%

Purchase Details

Closed on
Nov 2, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,583
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
10.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$605,000 Priority Title
-- Priority Title
-- None Available
$450,000 Pacific Coast Title Company
-- Pacific Coast Title Company
$325,000 Accommodation
-- None Available
-- None Available
-- None Available
$360,000 Chicago Title Co
-- Chicago Title Co
-- American Title
$164,000 American Title Co
$106,250 Old Republic Title Company
$138,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $450,000
Previous Owner $357,000
Previous Owner $160,000
Previous Owner $160,583
Previous Owner $124,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $605,000 -19.3% $389 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $750,000 -- $482 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,515 $772,854 $426,477 $346,377
2024 $9,374 $757,701 $418,115 $339,586
2023 $9,194 $742,845 $409,917 $332,928
2022 $8,766 $728,280 $401,880 $326,400
2021 $7,594 $623,493 $345,240 $278,253
2020 $7,669 $617,100 $341,700 $275,400
2019 $7,368 $605,000 $335,000 $270,000
2018 $6,058 $491,161 $274,628 $216,533
2017 $5,841 $481,532 $269,244 $212,288
2016 $5,700 $472,091 $263,965 $208,126
2015 $5,616 $465,000 $260,000 $205,000
2014 -- $450,000 $250,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Sevag Nakachian

    Seller's Agent in 2018

    Sevag Nakachian

    Pinnacle Estate Properties

    (818) 534-4200

    45 Total Sales

    Sevag Nakachian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18097309

California Regional Multiple Listing Service (CRMLS)

APN: 2233-007-017

California Los Angeles County Van Nuys 91406

6403 Densmore Ave, Van Nuys, CA

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.

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.