NOT LISTED FOR SALE

Estimated Value: $751,000 - $792,000

0.12 Acre
$6,720,755 Price per Acre
5,019 Sq Ft Lot

Last Sold October 12, 2023

Last sale price $710,000 $759 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,947/month

26 Days on Market

About This Lot

As of October 2023

MAJOR PRICE REDUCTION.
Incredible opportunity for builders and investors to convert this ready to go FLAT EMPTY LAND to a multiunit apartment building in this booming WARNER CENTER area.
Land located in the heart of Canoga Park, on a Cul-De-Sac. Zoning: Specific Plan Area, WARNER CENTER.
For additional fee, there are plans available to build 4-unit building. However, it is possible to make more units in this lot.
This densely populated area, with many new hotels, residential buildings, Westfield Promenade, Westfields the Village, Westfield Topanga, and others still in the planning phase, in Warner Center, is expecting a significant population increase by 2025. Property is being sold as is, buyer to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. Buyer responsible for checking zoning, utilities, permits and exact property boundaries.

Last Agent to Sell the Property

Diana Nemany

Pinnacle Estate Properties, Inc. License #01049554 Listed on: 08/23/2023

Pinnacle Estate Properties, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,734

Lot Details

  • 5,019 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned LAR3

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 8
  • Tax Tract Number 7348
  • Assessor Parcel Number 2138023003

Property Details

Property Type

Land

Est. Annual Taxes

$8,734

Lot Details

0

Listing Details

  • Other Phone Description: 818-635-9583
  • Other Phone Number: 818-635-9583
  • View: No
  • Zoning: LAR3
  • Property Type: Land
  • Parcel Number: 2138023003
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 141.46

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 5019.00
  • Lot Size Acres: 0.1152

Multi Family

  • Lot Size Area: 5019.0000 Square Feet

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 1349.03
  • Tax Lot: 4
  • Tax Tract Number: 7348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Izadifar Sorena
Bought by
Soorena Izadifar Revocable Living Trust and Izadifar
Current Estimated Value
$774,231

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 25, 2023
Sold by
Kdi Investments Llc
Bought by
Izadifar Soorena and Izadifar Samiramis
Seller's Agent
Diana Nemany
Pinnacle Estate Properties, Inc.
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Sep 17, 2013
Sold by
Itzhakov Kamy M
Bought by
Kdi Investments Llc

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 17, 2012
Sold by
Partovi Amnon
Bought by
Itzhakov Kamy M and Itzhakov Dalia
Seller's Agent
Joanna Rubin
Pinnacle Estate Properties, Inc.
Buyer's Agent
Diana Nemany
Pinnacle Estate Properties, Inc.
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Oct 18, 2006
Sold by
Gonzales Gwendolyn
Bought by
Partovi Amnon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2006
Sold by
Partovi Mino
Bought by
Partovi Amnon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1999
Sold by
Vega William C
Bought by
Gonzales Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.47%

Purchase Details

Closed on
Dec 7, 1998
Sold by
Miller Carson J
Bought by
Vega William C
Source: Public Records

Range of Values:

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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
Soorena Izadifar Revocable Living Trust -- None Listed On Document
Izadifar Soorena $710,000 Priority Title
Kdi Investments Llc -- Accommodation
Itzhakov Kamy M $172,000 Advantage Title Inc
Partovi Amnon $490,000 Alliance Title Company
Partovi Amnon -- Alliance Title Company
Gonzales Gwendolyn $131,000 Fidelity Title
Vega William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Partovi Amnon $392,000
Previous Owner Partovi Amnon $49,000
Previous Owner Gonzales Gwendolyn $57,000
Previous Owner Gonzales Gwendolyn $50,000
Previous Owner Gonzales Gwendolyn $50,000
Previous Owner Gonzales Gwendolyn $15,000
Previous Owner Gonzales Gwendolyn $126,000
Previous Owner Gonzales Gwendolyn $17,500
Previous Owner Gonzales Gwendolyn $122,000
Previous Owner Gonzales Gwendolyn $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $710,000 +1.6% $759 / Sq Ft
09/19/2023 09/19/23 For Sale $699,000 -1.5% $747 / Sq Ft
09/13/2023 09/13/23 Off Market $710,000 -- --
08/23/2023 08/23/23 For Sale $699,000 +306.4% $747 / Sq Ft
04/26/2012 04/26/12 Sold $172,000 -- $184 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
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 $8,734 $724,200 $575,586 $148,614
2024 $8,734 $710,000 $564,300 $145,700
2023 $2,707 $207,640 $147,282 $60,358
2022 $2,584 $203,570 $144,395 $59,175
2021 $2,549 $199,579 $141,564 $58,015
2019 $2,475 $193,662 $137,366 $56,296
2018 $2,400 $189,866 $134,673 $55,193
2016 $2,286 $182,495 $129,445 $53,050
2015 $2,254 $179,755 $127,501 $52,254
2014 $2,270 $176,235 $125,004 $51,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23157564

California Regional Multiple Listing Service (CRMLS)

APN: 2138-023-003