$1,099,000

Estimated payment $6,763/month

Total Views 203
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • RV Access or Parking
  • Laundry Room
  • Privacy Fence
  • Van Nuys High School Rated A
  • Zoned Cooling
  • Heating Available

About This Home

Fantastic rarely available Residential Income Development Opportunity!! The property is currently one single family home on a 12,005 sq ft lot with plans to subdivide the lot into two parcels with three units on each parcel for a total of six units combined on both parcels. Each potential parcel would contain a 2953 sq ft single family home with a Junior ADU and 533 sq ft ADU for a total building sq. footage of 3486 on each parcel for a combined 6972 sq. ft total for both parcels. The current owner has already spent $40,000 on developing two sewer mains for each potential parcel split. Furthermore, the owner has spent roughly $170,000 on additional plans and administrative legwork that is included in the sale. The subdivision of the lot into two parcels has already been approved pending a demo permit to tear down the existing structure. The property is currently occupied by a tenant that is vacating the current home in early October 2025. There is currently on one single family home on the property with one carport. The first five photos are renderings of the potential project and not to be construed as actual photos of the current site. For more detailed information please contact the Listing Agent.

Listing Agent

David Crowell

American Dream Realty Brokerage Email: crowelldg@gmail.com License #01845970 Listed on: 09/03/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,852

Year Built

  • Built in 1933

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Privacy Fence
  • Fenced
  • No Sprinklers

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Driveway
  • RV Access or Parking

Kitchen

  • Gas Oven
  • Free-Standing Range

Utilities

  • Zoned Cooling
  • Heating Available

Additional Features

  • Laundry Room
  • Suburban Location

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tax Lot 261
  • Tax Tract Number 127
  • Assessor Parcel Number 2235001009

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,852

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Van Nuys
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2235001009
  • Year Built: 1933
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: 1st floor
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Privacy
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, RV Access/Parking
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers None
  • Lot Size Sq Ft: 12005.00
  • Lot Size Acres: 0.2756

Multi Family

  • Lot Size Area: 12005.0000 Square Feet
  • Rent Control: No

Tax Info

  • Tax Lot: 261
  • Tax Tract: 1000
  • Tax Tract Number: 127...

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,852 $808,087 $646,578 $161,509
2024 $9,852 $792,243 $633,900 $158,343
2023 $9,664 $776,710 $621,471 $155,239
2022 $9,218 $761,482 $609,286 $152,196
2021 $8,481 $693,106 $554,485 $138,621
2020 $7,138 $567,000 $454,000 $113,000
2019 $6,991 $567,000 $454,000 $113,000
2018 $6,038 $489,000 $391,700 $97,300
2016 $4,820 $390,000 $312,400 $77,600
2015 $4,820 $390,000 $312,400 $77,600
2014 $5,390 $427,000 $342,000 $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $1,099,000 0.0% --
03/01/2024 03/01/24 Rented $4,000 +11.1% --
02/21/2024 02/21/24 Under Contract -- -- --
01/21/2024 01/21/24 Price Changed $3,600 -6.5% $3 / Sq Ft
01/16/2024 01/16/24 Price Changed $3,850 -3.8% $3 / Sq Ft
01/12/2024 01/12/24 For Rent $4,000 0.0% --
02/13/2020 02/13/20 Sold $685,990 0.0% $560 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/15/2019 12/15/19 For Sale $685,990 -- $560 / Sq Ft
Source: Ventura County Regional Data Share

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Timios Title A Ca Corp
Interfamily Deed Transfer -- Timios Title A Ca Corp
Grant Deed $686,000 Pacific Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $610,000 Southland Title
Interfamily Deed Transfer -- Diversified Title & Escrow
Interfamily Deed Transfer -- --
Grant Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $541,000 New Conventional
Closed $548,792 New Conventional
Previous Owner $611,832 Unknown
Previous Owner $488,000 Purchase Money Mortgage
Previous Owner $122,000 Credit Line Revolving
Previous Owner $83,490 Credit Line Revolving
Previous Owner $394,250 New Conventional
Previous Owner $37,000 Credit Line Revolving
Previous Owner $225,000 Unknown
Previous Owner $133,896 FHA
Source: Public Records

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Source: Ventura County Regional Data Share

MLS Number: V1-32144

Ventura County Regional Data Share

APN: 2235-001-009