NOT LISTED FOR SALE

6916 Ben Ave North Hollywood, CA 91605

North Hollywood Neighborhood

Estimated Value: $2,099,905 - $2,203,000

6 Beds
6 Baths
4,998 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,015,000 $203 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $12,961/month

103 Days on Market

Highlights

  • 16,065 Sq Ft lot
  • North Hollywood Senior High School Rated A
  • 1-Story Property

About This Home

As of August 2013

Low Density, 6 Units on over 1/3rd of an Acre. All Single Story, 2 Bed / 1 Bath Units with Rental Upside. Rare Double Lot Containing 3 Separate Duplexes with Pitched Roofs. All Copper Plumbing and New Windows (buyer to verify). Efficient Operations and Easy to Manage Asset. Approximately 12 open parking spaces. Storage Unit in back that generates $100 per month in additional income. Proximity to North Hollywood Metro Station and NOHO Arts District. Currently 100% Occupied.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 04/03/2013

Last Buyer's Agent

Michael Hegedus

License #00912255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,946

Year Built

  • Built in 1948

Lot Details

  • 0.37

Interior Spaces

  • 4,998 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Parking Spaces
  • Uncovered Parking

Additional Features

  • 0.37 Acre Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 2321-012-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,946

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4998
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 219.09

Exterior Features

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

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 12

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 292219
  • Assessed Land Value: 124336
  • Assessor Parcel Number: 2321-012-020
  • Geocode Override: No
  • Lot Size Area: 16065

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 11.68
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 27576
  • Type Of Units: APT
  • Vacancy Rate: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jul 12, 2013
Sold by
Woodstream Exchange Company Llc
Bought by
Ben Villa Llc
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
Michael Hegedus
List Price
$1,095,000
Sold Price
$1,015,000
Premium/Discount to List
-$80,000
-7.31%
Current Estimated Value
$2,151,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,136,453
Avg. Annual Appreciation
6.44%
Original Mortgage
$761,250
Interest Rate
4.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 1, 2013
Sold by
Roscoe Winnetka Llc
Bought by
Woodstream Exchange Company Llc

Purchase Details

Closed on
Jul 26, 1994
Sold by
Ellis George L and Ellis Karen Whicker
Bought by
Ellis George L and Ellis Karen Whicker
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
Ben Villa Llc $1,015,000 Ticor Title Company Of Ca
Woodstream Exchange Company Llc -- None Available
Ellis George L -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben Villa Llc $588,000
Closed Ben Villa Llc $250,000
Closed Ben Villa Llc $761,250
Previous Owner Ben Villa Llc $761,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,015,000 -7.3% $203 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $1,095,000 -- $219 / 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 $15,946 $1,244,240 $796,805 $447,435
2024 $15,946 $1,219,844 $781,182 $438,662
2023 $15,655 $1,195,926 $765,865 $430,061
2022 $14,967 $1,172,478 $750,849 $421,629
2021 $14,773 $1,149,489 $736,127 $413,362
2019 $14,356 $1,115,396 $714,294 $401,102
2018 $14,077 $1,093,527 $700,289 $393,238
2016 $13,402 $1,051,066 $673,097 $377,969
2015 $13,225 $1,035,279 $662,987 $372,292
2014 -- $1,015,000 $650,000 $365,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Harrington

    Matthews Real Estate Investment Services

    Section Image

  • M

    Buyer's Agent in 2013

    Michael Hegedus

See All Agents

Map

Source: The MLS

MLS Number: 13-662341

The MLS

APN: 2321-012-020

California Los Angeles County North Hollywood 91605 North Hollywood

6916 Ben Ave, North Hollywood, CA

This home is located at 6916 Ben Ave, North Hollywood, CA 91605 since 03 April 2013 and is currently estimated at $2,151,453, approximately $430 per square foot. This property was built in 1948. 6916 Ben Ave is a home located in Los Angeles County with nearby schools including Bellingham Elementary School, Roy Romer Middle School, and North Hollywood Senior High School.

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