NOT LISTED FOR SALE

6841 Sepulveda Blvd van Nuys, CA 91405

Van Nuys Neighborhood
49 Beds
9 Baths
33,619 Sq Ft
0.64 Acres

Last Sold May 12, 2016

Last sale price $7,149,000 $213 Per Sq Ft

126 Days on Market

About This Home

As of May 2016

Newly Renovated with Tremendous Upside - 6841 Sepulveda is a 49-unit apartment building with one non-conforming unit constructed in the mid 1960's. The unit mix consists of 47 one bedrooms with one bathroom, one unit that is a two bedroom with one bathroom and a non-conforming studio with one bathroom. The property is 3 stories with a lobby, courtyard with a swimming pool and serviced by multiple staircases and an elevator. The elevator currently is not operating but the owner is planning on renovating the elevator. The units are individually metered for gas and electricity. There is a laundry facility at the property and the machines are owned by the property, providing a substantial source of revenue. Some of the units on the 2nd and 3rd floor feature balconies and all units have wall or window air conditioning. There is ample tuck under and open parking at the property and all entrances are secured. The majority of the units as well as the hallways contain tiled flooring.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 11/18/2015

Last Buyer's Agent

Manvel Solakian

License #01310512

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.64 Acre Lot

Parking

  • 48 Parking Spaces

Interior Spaces

  • 33,619 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 49 Bedrooms
  • 9 Bathrooms

Community Details

  • 48 Units

Listing and Financial Details

  • Assessor Parcel Number 2234-024-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 33619
  • Stories: 3
  • Year Built: 1965
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 49
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 223.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 48

Lot Info

  • Assessed Improvement Value: 2441832
  • Assessed Land Value: 2984461
  • Assessor Parcel Number: 2234-024-009
  • Geocode Override: No
  • Lot Size Area: 28001

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.85
  • Number Of Units: 48
  • Rent Control: 100%
  • Total Annual Expense: 236810
  • Type Of Units: APT
  • Vacancy Rate: 3%

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

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $7,149,000 -4.7% $213 / Sq Ft
11/18/2015 11/18/15 For Sale $7,500,000 -- $223 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Harrington

    Matthews Real Estate Investment Services

    Section Image

  • M

    Buyer's Agent in 2016

    Manvel Solakian

See All Agents

Map

Source: The MLS

MLS Number: 15-960479

The MLS
California Los Angeles County Van Nuys 91405 Van Nuys

6841 Sepulveda Blvd, Van Nuys, CA

This home is located at 6841 Sepulveda Blvd, van Nuys, CA 91405 since 18 November 2015. This property was built in 1965. 6841 Sepulveda Blvd is a home located in Los Angeles County with nearby schools including Columbus Avenue, Robert Fulton College Preparatory, and Van Nuys High School.

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