NOT LISTED FOR SALE

6451 Whitaker Ave van Nuys, CA 91406

Estimated Value: $823,000 - $857,000

3 Beds
2 Baths
1,206 Sq Ft
$699/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $344,000 $285 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,808/month

36 Days on Market

Highlights

  • Filtered Pool
  • Reservoir in Community
  • Wood Flooring
  • Fishing
  • Property is near public transit
  • Lawn

About This Home

As of February 2014

JUST REDUCED $60,000 FOR QUICK SALE **Attention** INVESTORS LOOKING FOR CASH FLOW NOW with superior potential for future gains. Excellent location in Lake Balboa only a couple blocks from Orange Line and others within the Victory / Balboa transportation corridors. Present tenants are there 8 years now and paying $1750 per month. Next lease anniversary is June 2014. Tenant pays gardening, pool and all utilities including DWP and gas.

Last Agent to Sell the Property

Dave Kelly

RE/MAX One License #01365076 Listed on: 12/16/2013

RE/MAX One

Last Buyer's Agent

Allen Tubi

Keller Williams Luxury License #01120465

Keller Williams Luxury

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,550 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Ranch Style House
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,206 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring

Kitchen

  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 2231001025

Community Details

Overview

  • No Home Owners Association
  • Reservoir in Community
  • Property is near a preserve or public land
  • Valley

Recreation

  • Fishing

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $5,000
  • Gross Income $1,750
  • Net Operating Income $15,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 2231001025
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 285.24
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fencing: Block
  • Pool Features: Fenced, Filtered, Gunite, In Ground, Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Preserve/Public Land, Sidewalks, Street Lights, Storm Drains, Suburban, Valley

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Lawn, Rectangular Lot, Level with Street, Paved, Sprinkler System, Near Public Transit
  • Lot Size Sq Ft: 6550.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 1750.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6550.0000 Square Feet
  • Net Operating Income: 15400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Operating Expense: 5600.00
  • Operating Expense Percent: 26.70
  • Rent Control: No
  • Total Actual Rent: 1750.00
  • Waterfront Features: Fishing in Community, Reservoir in Community

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 58
  • Tax Tract Number: 00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Jan 31, 2014
Sold by
Sharon Orit
Bought by
Sharon Rafi
Seller's Agent
Dave Kelly
RE/MAX One
Buyer's Agent
Allen Tubi
Keller Williams Luxury
List Price
$400,000
Sold Price
$344,000
Premium/Discount to List
-$56,000
-14%
Current Estimated Value
$843,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,520
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Dec 16, 2013
Closed on
Jan 23, 2014
Sold by
Piazzola Martin
Bought by
Geller Peggie Y
Seller's Agent
Dave Kelly
RE/MAX One
Buyer's Agent
Allen Tubi
Keller Williams Luxury
List Price
$400,000
Sold Price
$344,000
Premium/Discount to List
-$56,000
-14%

Purchase Details

Listed on
Dec 16, 2013
Closed on
Jan 22, 2014
Sold by
Geller Peggie Y
Bought by
Sharon Rafi
Seller's Agent
Dave Kelly
RE/MAX One
Buyer's Agent
Allen Tubi
Keller Williams Luxury
List Price
$400,000
Sold Price
$344,000
Premium/Discount to List
-$56,000
-14%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Geller Peggy
Bought by
Geller Peggie Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharon Rafi -- Fidelity Sherman Oaks
Geller Peggie Y -- Fidelity Sherman Oaks
Sharon Rafi $344,000 Fidelity Sherman Oaks
Geller Peggie Yvonne -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geller Peggie Yvonne $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $344,000 -14.0% $285 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $400,000 -- $332 / 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 $5,289 $421,684 $245,166 $176,518
2024 $5,289 $413,416 $240,359 $173,057
2023 $5,191 $405,311 $235,647 $169,664
2022 $4,955 $397,365 $231,027 $166,338
2021 $4,893 $389,575 $226,498 $163,077
2019 $4,751 $378,022 $219,781 $158,241
2018 $4,655 $370,611 $215,472 $155,139
2016 $4,446 $356,222 $207,106 $149,116
2015 $4,383 $350,873 $203,996 $146,877
2014 $2,688 $210,208 $73,570 $136,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13248853

California Regional Multiple Listing Service (CRMLS)

APN: 2231-001-025