NOT LISTED FOR SALE

Estimated Value: $1,249,000 - $1,614,838

7 Beds
5 Baths
3,415 Sq Ft
$418/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $950,000 $278 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,904/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence
  • North Hollywood Senior High School Rated A
  • Tile Flooring
  • Wood Burning Fireplace

About This Home

As of August 2016

Well Maintained complex! 4-unit apartment built in 2006. This property has 7,800-square ft lot zoned LARD1.5 Near shopping, restaurants and more. Property features: Front house: 2 bd+2 baths + Den, 2 story townhome: 3 bd+2 baths, and two units of 1 bd + 1 bath. Interior: Wall air conditions. Spacious bedrooms, title/carpet flooring. shower tub was installed in one of the bathrooms in front house approx. a year ago.
Exterior: Fire sprinklers. Individually meter for gas and electric. Exterior building is freshly painted. Gated parking lot with 9 parking spaces. Three units in back are due for rent increase. All units are occupied. No rent control. DRIVE BY ONLY - DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Geraldyne Valdivieso

Media West Realty,Inc. License #01309303 Listed on: 06/06/2016

Last Buyer's Agent

Grayr Andreasyan

Hall & Chambers License #01377323

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,512

Year Built

  • Built in 2006

Lot Details

  • 7,801 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Brick Fence
  • Front Yard

Parking

  • 9 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,415 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Tile Flooring
  • Trash Compactor

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 85
  • Tax Tract Number 6015
  • Assessor Parcel Number 2320026018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $2,846
  • Insurance Expense $1,169
  • Supplies Expense $350
  • Trash Expense $1,978
  • New Taxes Expense $12,500
  • Gross Income $5,200
  • Net Operating Income $38,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,512

Year Built

Built in 2006

Lot Details

0

Parking

9

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Supplies Expense: 350.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2320026018
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Entry Location: Ground Level With Steps,Ground Level No Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 278.18

Exterior Features

  • Fencing: Brick, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Available
  • Laundry: No
  • Appliances: Trash Compactor
  • Trash Expense: 1978.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7801.00
  • Price Per Lot Square Foot: 121.78

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 975
  • Average2 Bed Area: 1123
  • Average3 Bed Area: 1239
  • Electric Expense: 2846.00
  • Gross Income: 5200.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1169.00
  • Net Operating Income: 38811.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Operating Expense: 22341.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Lot: 85
  • Tax Tract Number: 6015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jun 27, 2016
Sold by
Rios Maritza
Bought by
Saakyan Arman and Moloian Rouzanna
Seller's Agent
Geraldyne Valdivieso
Media West Realty,Inc.
Buyer's Agent
Grayr Andreasyan
Hall & Chambers
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Current Estimated Value
$1,427,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,460
Avg. Annual Appreciation
4.62%
Original Mortgage
$475,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Rios Maritza
Bought by
Suarez Justo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Jacobo Manuel
Bought by
Rios Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
7.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 6, 2002
Sold by
Ramos Jaime and Castro Griselda
Bought by
Jacobo Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,050
Interest Rate
6.75%

Purchase Details

Closed on
Nov 4, 1993
Sold by
Metz Geertruida E
Bought by
Ramos Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.19%
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 Buyer Sale Price Title Company
Saakyan Arman $950,000 Fidelity Sherman Oaks
Suarez Justo -- Ticor Title Co Glendale
Rios Maritza $599,000 Lawyers Title Ins
Jacobo Manuel $273,000 Atc
Ramos Jaime $145,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saakyan Arman $475,000
Previous Owner Suarez Justo $750,000
Previous Owner Rios Maritza $479,200
Previous Owner Jacobo Manuel $325,000
Previous Owner Jacobo Manuel $232,050
Previous Owner Ramos Jaime $137,750
Closed Jacobo Manuel $40,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $950,000 -5.0% $278 / Sq Ft
06/06/2016 06/06/16 For Sale $1,000,000 -- $293 / 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 $13,512 $1,102,552 $719,561 $382,991
2024 $13,512 $1,080,934 $705,452 $375,482
2023 $13,254 $1,059,740 $691,620 $368,120
2022 $12,645 $1,038,961 $678,059 $360,902
2021 $12,481 $1,018,590 $664,764 $353,826
2019 $12,112 $988,380 $645,048 $343,332
2018 $11,981 $969,000 $632,400 $336,600
2016 $11,276 $917,838 $642,487 $275,351
2015 $11,113 $904,052 $632,837 $271,215
2014 $11,169 $886,344 $620,441 $265,903
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16121453

California Regional Multiple Listing Service (CRMLS)

APN: 2320-026-018