A
Seller's Agent in 2023
Ali Eghbal Ketabchi
Equity Union
(818) 262-4941
2 in this area
27 Total Sales
7234 Allott Ave van Nuys, CA 91405
Estimated Value: $1,275,000 - $1,570,000
2
Beds
2
Baths
2,501
Sq Ft
$568/Sq Ft
Est. Value
Highlights
- City Lights View
- Traditional Architecture
- No HOA
- Van Nuys High School Rated A
- Quartz Countertops
- 3-minute walk to Tajunga Wash
About This Home
As of September 2023A rare opportunity in the heart of Van Nuys awaits! This quadruplex property offers 2,500 rentable square feet on a generous 11,000 square foot lot. With potential to add an ADU plus plans already in place, this is an incredible investment with outstanding growth potential. Three of the units have been fully remodeled and now feature modern convenience with washer and dryer included - making it easier than ever to attract quality tenants. The cap rate sits at 5.1 and GRM at 14.7 - don't miss out on this fantastic opportunity in a booming rental market!
Last Agent to Sell the Property
Equity Union License #01882586 Listed on: 07/12/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.25 Acre Lot
- 1 Common Wall
- South Facing Home
- Vinyl Fence
- Wood Fence
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Sprinkler System
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Bungalow
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Brick Exterior Construction
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Pre-Cast Concrete Construction
- Asphalt
- Plaster
- Stucco
Interior Spaces
- 2,501 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Window Screens
- Living Room
- Laminate Flooring
- City Lights Views
- Laundry Room
Kitchen
- Gas Range
- Freezer
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 13
- Tax Tract Number 14493
- Assessor Parcel Number 2328005014
- $571 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $605
- Gardener Expense $720
- Insurance Expense $2,300
- Trash Expense $600
- Water Sewer Expense $2,624
- New Taxes Expense $18,750
- Operating Expense $25,599
- Gross Income $102,000
- Net Operating Income $76,401
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2022
Closed on
Feb 18, 2022
Sold by
Sunder Trust
Bought by
7234 Allott Properties Llc
Seller's Agent
Anie Mayelian
Keller Williams Realty Calabasas
Buyer's Agent
Artak Dovlatyan
Specialized Realty
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,713
Avg. Annual Appreciation
2.43%
Original Mortgage
$910,000
Outstanding Balance
$848,708
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$573,005
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 7234 Allott Properties Llc | $1,300,000 | First American Title Company O |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 7234 Allott Properties Llc | $910,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $1,450,000 | -3.2% | $580 / Sq Ft | |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- | |
| 07/12/2023 07/12/23 | For Sale | $1,498,000 | +15.2% | $599 / Sq Ft | |
| 03/31/2022 03/31/22 | Sold | $1,300,000 | -7.1% | $520 / Sq Ft | View Prior Sale |
| 02/07/2022 02/07/22 | For Sale | $1,399,000 | -- | $559 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,977 | $1,479,000 | $887,400 | $591,600 |
| 2024 | $17,977 | $1,450,000 | $870,000 | $580,000 |
| 2023 | $16,485 | $1,326,000 | $795,600 | $530,400 |
| 2022 | $2,984 | $206,778 | $108,834 | $97,944 |
| 2021 | $2,938 | $202,724 | $106,700 | $96,024 |
| 2019 | $2,861 | $196,953 | $103,536 | $93,417 |
| 2018 | $2,698 | $193,096 | $101,506 | $91,590 |
| 2016 | $2,559 | $185,368 | $97,565 | $87,803 |
| 2015 | $2,526 | $182,585 | $96,100 | $86,485 |
| 2014 | $2,564 | $179,009 | $94,218 | $84,791 |
Source: Public Records
Agents Affiliated with this Home
-
Ali Eghbal Ketabchi
-
Carlo Honanian
Buyer's Agent in 2023
Carlo Honanian
Silver Spoon Properties
(818) 612-3242
3 in this area
51 Total Sales
-
Anie Mayelian
Seller's Agent in 2022
Anie Mayelian
Keller Williams Realty Calabasas
(818) 915-9118
6 in this area
30 Total Sales
-
Artak Dovlatyan
Buyer's Agent in 2022
Artak Dovlatyan
Specialized Realty
(818) 546-1212
2 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23125657
APN: 2328-005-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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