NOT LISTED FOR SALE

6524 Balboa Blvd van Nuys, CA 91406

Estimated Value: $898,000 - $1,248,000

5 Beds
2.5 Baths
1,845 Sq Ft
$565/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $750,000 $407 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,307/month

56 Days on Market

Highlights

  • Air Conditioning
  • Central Heating
  • 1-Story Property

About This Home

As of October 2018

Amazing two unit property in perfect Lake Balboa location. Front house redone to perfection. 3 bedrooms and 1.5 baths. Great size living room and formal dining room. Inside laundry. Back unit with it's own address contains two bedrooms and 1 bathroom. Private parking space and inside laundry. Beautiful backyard with large sparkling swimmers pool, great for entertaining. Great opportunity to live in one unit and rent the other, or rent both. Owner says you are able to build more units for a total of 7 units on this property. Contact agent for more information regarding this.

Last Agent to Sell the Property

Jesika Miller

Power Brokers License #01226097 Listed on: 06/01/2018

Last Buyer's Agent

Julie Califano

License #00868484

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,279 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,845 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2.5 Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2231-022-049

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1845
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2.50
  • Equipment: Dishwasher
  • Price Per S Q F T: 416.80

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 81600
  • Assessed Land Value: 326400
  • Assessor Parcel Number: 2231-022-049
  • Geocode Override: No
  • Lot Size Area: 6279

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Susanna Tsaturyan
Bought by
St Family Trust
Current Estimated Value
$1,041,735

Purchase Details

Closed on
Aug 14, 2018
Sold by
Maly Farzin
Bought by
Tsaturyan Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 11, 2016
Sold by
Rush Ben L
Bought by
Maly Farzin
Seller's Agent
Narzal Lopez
Pinnacle Estate Properties
Buyer's Agent
Narzal Lopez
Pinnacle Estate Properties
List Price
$399,990
Sold Price
$400,000
Premium/Discount to List
$10
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$235,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
St Family Trust -- None Listed On Document
Tsaturyan Susanna $750,000 Fidelity National Title Comp
Maly Farzin $400,000 Priority Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsaturyan Susanna $562,500
Previous Owner Maly Farzin $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2018 10/15/18 Sold $750,000 -2.5% $407 / Sq Ft
06/01/2018 06/01/18 For Sale $769,000 +92.3% $417 / Sq Ft
03/31/2016 03/31/16 Sold $400,000 0.0% $356 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $399,990 -- $356 / 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 $10,303 $836,632 $557,756 $278,876
2024 $10,303 $820,228 $546,820 $273,408
2023 $10,108 $804,147 $536,099 $268,048
2022 $9,645 $788,381 $525,588 $262,793
2021 $9,526 $772,924 $515,283 $257,641
2020 $9,620 $765,000 $510,000 $255,000
2019 $9,246 $750,000 $500,000 $250,000
2018 $6,734 $416,160 $332,928 $83,232
2016 $1,233 $79,141 $27,590 $51,551
2015 $1,219 $77,953 $27,176 $50,777
2014 $1,233 $76,427 $26,644 $49,783
Source: Public Records

Agents Affiliated with this Home

  • Jesika Miller

    Seller's Agent in 2018

    Jesika Miller

    Power Brokers

    (310) 383-3037

    4 Total Sales

    Jesika Miller
    Section Image

  • J

    Buyer's Agent in 2018

    Julie Califano

  • A

    Buyer's Agent in 2018

    ALEXANDER SEROPIAN

  • N

    Seller's Agent in 2016

    Narzal Lopez

    Pinnacle Estate Properties

    (818) 993-7370

    12 Total Sales

    Narzal Lopez
    Section Image
  • Levis Pasco (Obando)

    Buyer Co-Listing Agent in 2016

    Levis Pasco (Obando)

    Pinnacle Estate Properties

    (818) 391-4336

    2 in this area

    78 Total Sales

    Levis Pasco (Obando)
    Section Image
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Map

Source: The MLS

MLS Number: 18-350476

The MLS

APN: 2231-022-049

California Los Angeles County Van Nuys 91406

6524 Balboa Blvd, Van Nuys, CA

Not Listed for Sale

MultiFamily

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