NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,220,000

6 Beds
3 Baths
2,310 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $871,000 $377 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,695/month

119 Days on Market

About This Home

As of October 2022

**GREAT INVESTMENT OPPORTUNITY** Great unit in a beautiful triplex with very good condition. . 3 Units all 2 bed and 1 bath. All are rented and have Individual Gas, and Electric meters. Each Unit has one car garage situated in a very nice area of North Hollywood, close the 170 Fwy, shopping and transportation. DON"T MISS OUT ON THIS AMAZING OPPORTUNITY!

Last Listed By

JIN XU

HUNTINGTON REALTY GROUP CO. License #01305803 Listed on: 05/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,223

Year Built

  • Built in 1946

Lot Details

  • 6,790 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,310 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 238
  • Tax Tract Number 6346
  • Assessor Parcel Number 2320019020
  • $598 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $80
  • Water Sewer Expense $100
  • Operating Expense $3,700
  • Net Operating Income $50,019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,223

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 322667
  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2320019020
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 377.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Other
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6790.00
  • Lot Size Acres: 0.1559

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 53783.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6790.0000 Square Feet
  • Net Operating Income: 50019.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3764.00
  • Rent Control: Yes
  • Total Expenses: 3700.00

Tax Info

  • Tax Census Tract: 1232.05
  • Tax Lot: 238
  • Tax Tract Number: 6346
  • TaxOtherAnnualAssessmentAmount: 598.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Oct 17, 2022
Sold by
He Kai
Bought by
Ryan Ryan O O and Ryan Narineh
Seller's Agent
JIN XU
HUNTINGTON REALTY GROUP CO.
Buyer's Agent
JIN XU
HUNTINGTON REALTY GROUP CO.
List Price
$1,200,000
Sold Price
$871,000
Premium/Discount to List
-$329,000
-27.42%
Total Days on Market
119
Views
22
Current Estimated Value
$1,029,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,011
Avg. Annual Appreciation
6.65%
Original Mortgage
$500,000
Outstanding Balance
$484,200
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$544,811

Purchase Details

Closed on
Mar 24, 2010
Sold by
Manoukian Vatchagan
Bought by
He Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,940
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Manoukian Vatchagan

Purchase Details

Closed on
Sep 16, 2008
Sold by
Ruan Berenice
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 15, 2003
Sold by
Martinez Rodrigo
Bought by
Ruan Berenice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2000
Sold by
Martinez Vidal P and Martinez Christine
Bought by
Martinez Rodrigo and Martinez Olivia

Purchase Details

Closed on
Apr 19, 1996
Sold by
Martinez Rodrigo
Bought by
Martinez Vidal P and Martinez Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.07%

Range of Values:

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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
Ryan Ryan O O $871,000 Wfg National Title
He Kai $469,000 Lawyers Title
Manoukian Vatchagan $260,000 First American Title Ins Co
Deutsche Bank National Trust Co $441,000 Accommodation
Ruan Berenice $350,000 Fidelity National Title
Martinez Rodrigo -- --
Martinez Vidal P -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Ryan O O $500,000
Previous Owner He Kai $356,000
Previous Owner He Kai $452,940
Previous Owner Ruan Berenice $488,000
Previous Owner Ruan Berenice $387,000
Previous Owner Ruan Berenice $280,000
Previous Owner Martinez Vidal P $30,000
Closed Ruan Berenice $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $871,000 -10.0% $377 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/06/2022 08/06/22 Price Changed $968,000 -19.3% $419 / Sq Ft
05/16/2022 05/16/22 For Sale $1,200,000 -- $519 / 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
2024 $11,223 $888,420 $622,200 $266,220
2023 $11,004 $871,000 $610,000 $261,000
2022 $7,189 $570,467 $448,837 $121,630
2021 $7,088 $559,283 $440,037 $119,246
2019 $6,877 $542,696 $426,986 $115,710
2018 $6,717 $532,056 $418,614 $113,442
2016 $6,403 $511,397 $402,359 $109,038
2015 $6,311 $503,717 $396,316 $107,401
2014 $6,345 $493,851 $388,553 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22101672

California Regional Multiple Listing Service (CRMLS)

APN: 2320-019-020