NOT LISTED FOR SALE

7061 Willis Ave van Nuys, CA 91405

Van Nuys Area

Estimated Value: $1,074,000 - $1,201,196

3 Beds
3 Baths
2,275 Sq Ft
$502/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2019

Last sale price $840,000 $369 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,210 / mo

15 Days on Market

Highlights

  • Detached Guest House
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Van Nuys High School Rated A
  • Updated Kitchen
  • Quartz Countertops

About This Home

As of September 2019

Newly remodeled with permitted ADU! Located on a slow moving quiet street in coveted pocket of Van Nuys. Imagine life in this well crafted - 5 bedroom, 4 bathroom, 2,275 square feet of living space on nearly 7,500 square foot private lot. The Main house (7061 Willis Ave) boasts an expansive 3 bedroom (2 master bedrooms), 3 bathrooms, light bright & open floor plan, with 1675 square feet of elegant design. Large living room has gas fireplace, crown moulding & recessed lighting, grey shaker kitchen soft close cabinets with smooth surface quartz counters & ceramic tiled back-splash, bathrooms have been done with porcelain tile, shaker vanities with quartz smooth surface tops, all doors have been replaced with new door casing, custom moulding, recessed lighting throughout, mirrored closet doors, roomy, back yard & plenty of space for entertaining or a growing family. The ADU features 600 square feet 2 bedroom 1 bathroom with separate address, entrance, electrical & gas utilities (7059 Willis Ave), perfect for additional family, excellent income producing property for today's growing rental market! Includes, stainless steel appliances, soft close cabinetry, indoor laundry area & yard. Both properties features include: Complete new electrical wiring, new 200 amp electrical panel, new copper plumbing, new tank-less water heaters, new roof, new sewer & drain lines, new vinyl windows, ADU has 3 new mini split air conditioning units, plus much more. Fantastic property not to be missed!

Last Agent to Sell the Property

Steve Neuman

Park Regency Realty License #00992077 Listed on: 08/11/2019

Park Regency Realty

Last Buyer's Agent

Juan Fukunaga

Century 21 Plaza License #01814743

Century 21 Plaza

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,442 Sq Ft Lot
  • Landscaped
  • Flag Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned LAR1

Home Design

  • Turnkey
  • Additions or Alterations
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 2,275 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Slab Porch or Patio
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 540
  • Tax Tract Number 1000
  • Assessor Parcel Number 2219003012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

7,442 Sq Ft Lot

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 2219003012
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2275.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Family Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 353.68
  • Room Type: All Bedrooms Down, Formal Entry, Galley Kitchen, Guest/Maid's Quarters, Laundry, Living Room, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached, Two On A Lot
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Driveway, On Site, Street

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Flag Lot, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 7442.00
  • Lot Size Acres: 0.1708

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7442.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1278.03
  • Tax Lot: 540
  • Tax Tract Number: 1000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2019
Closed on
Aug 29, 2019
Sold by
Bought by
Seller's Agent
Steve Neuman
Park Regency Realty
Buyer's Agent
Juan Fukunaga
Century 21 Plaza
List Price
$849,999
Sold Price
$840,000
Premium/Discount to List
-$9,999
-1.18%
Current Estimated Value
$1,141,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,049
Avg. Annual Appreciation
4.57%
Original Mortgage
$672,000
Interest Rate
0.035%

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 17, 2018
Sold by
Bought by
Seller's Agent
Grigorios Papoutsian
No Firm Affiliation
Buyer's Agent
Steve Neuman
Park Regency Realty
List Price
$535,000
Sold Price
$546,000
Premium/Discount to List
$11,000
2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.27%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bought by

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
0.0356%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
0.0518%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$840,000 First Amer Ttl Co Los Angele
$546,000 First American Title Company
-- Fidelity National Title Co
$335,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $672,000
Previous Owner $280,000
Previous Owner $295,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2019 09/26/19 Sold $840,000 -1.2% $369 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/11/2019 08/11/19 For Sale $849,999 +55.7% $374 / Sq Ft
12/21/2018 12/21/18 Sold $546,000 +2.1% $367 / Sq Ft View Prior Sale
12/03/2018 12/03/18 Pending -- -- --
11/23/2018 11/23/18 For Sale $535,000 -- $360 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,335 $918,657 $503,075 $415,582
2024 $11,174 $900,645 $493,211 $407,434
2023 $10,960 $882,987 $483,541 $399,446
2022 $10,452 $865,674 $474,060 $391,614
2021 $10,320 $848,701 $464,765 $383,936
2019 $6,696 $546,000 $436,800 $109,200
2018 $4,644 $380,038 $171,641 $208,397
2016 $4,426 $365,282 $164,977 $200,305
2015 $4,361 $359,796 $162,499 $197,297
2014 $4,382 $352,749 $159,316 $193,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19192898

California Regional Multiple Listing Service (CRMLS)

APN: 2219-003-012

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