NOT LISTED FOR SALE

7255 Kester Ave van Nuys, CA 91405

Van Nuys Neighborhood

Estimated Value: $1,604,000 - $1,891,000

9 Beds
9 Baths
4,218 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $1,425,000 $338 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,855/month

20 Days on Market

About This Home

As of March 2021

FIRST TIME ON THE MARKET!!! 7255 Kester Ave is a beautiful, 2007 Construction, 3-unit apartment building. This unique property consists of all large 3+2.5 townhouse-style units, each with their own massive 2-car garage, private fenced in patio, and laundry hookups in every unit. The asset will be delivered 100% vacant, allowing the new owner to immediately capitalize on market rents and hand pick tenants. There is currently one unit occupied, so please do not disturb the tenants. Call listing agent for showing information.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 01/12/2021

RE/MAX One

Last Buyer's Agent

Amalia Khachikian

License #00989919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,854

Year Built

  • Built in 2007

Lot Details

  • 6,288 Sq Ft Lot
  • Lot Dimensions are 75x87

Parking

  • 6 Car Garage

Interior Spaces

  • 4,218 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2221-021-052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,854

Year Built

Built in 2007

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4218
  • Lot Acreage: 0.1443
  • Lot Dimensions: 75x87
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Laminate
  • Bedrooms: 9
  • Laundry: Garage
  • Total Bathrooms: 9.00
  • Equipment: Gas Dryer Hookup, Dishwasher
  • Price Per S Q F T: 343.76

Exterior Features

  • Other Structures: None
  • Pool: No

Garage/Parking

  • Garage Spaces: 6
  • Garage Structures: 3
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 87.54
  • Assessed Improvement Value: 499130
  • Assessed Land Percent: 12.46
  • Assessed Land Value: 71075
  • Total Assessed Value: 570205
  • Assessor Parcel Number: 2221-021-052
  • Lot Size Area: 6288

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.65
  • Number Of Units: 3
  • Total Annual Expense: 31000
  • Type Of Units: 3+2.5 Townhs
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Tasci Ayk and Tasci Serli
Bought by
Ayk And Serli Tasci 2023 Trust and Tasci
Current Estimated Value
$1,717,265

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 8, 2021
Sold by
Le Si Deip
Bought by
Tasci Ayk and Tasci Serli
Seller's Agent
Chase Simonton
RE/MAX One
Buyer's Agent
Amalia Khachikian
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$1,068,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Le Ann Patricia
Bought by
Le Si Diep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1996
Sold by
Duong Anh and Duong Ann Patricai
Bought by
Le Si Diep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.25%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ayk And Serli Tasci 2023 Trust -- None Listed On Document
Tasci Ayk -- None Listed On Document
Tasci Ayk $1,425,000 Ticor Title Company
Le Si Diep -- Southland Title Corporation
Le Si Diep -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tasci Ayk $1,068,750
Previous Owner Le Si Diep $523,900
Previous Owner Le Si Diep $560,000
Previous Owner Le Si Diep $408,000
Previous Owner Le Si Diep $75,392
Previous Owner Le Si Diep $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $1,425,000 -1.7% $338 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $1,450,000 -- $344 / 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 $18,854 $1,542,463 $925,478 $616,985
2024 $18,854 $1,512,220 $907,332 $604,888
2023 $18,494 $1,482,570 $889,542 $593,028
2022 $17,644 $1,453,500 $872,100 $581,400
2021 $7,856 $611,370 $76,204 $535,166
2020 $7,927 $605,102 $75,423 $529,679
2019 $7,632 $593,239 $73,945 $519,294
2018 $7,513 $581,608 $72,496 $509,112
2016 $7,153 $559,026 $69,682 $489,344
2015 $7,053 $550,630 $68,636 $481,994
2014 $7,092 $539,845 $67,292 $472,553
Source: Public Records

Agents Affiliated with this Home

  • Chase Simonton

    Seller's Agent in 2021

    Chase Simonton

    RE/MAX

    (310) 383-5927

    4 in this area

    81 Total Sales

    Chase Simonton
    Section Image

  • A

    Buyer's Agent in 2021

    Amalia Khachikian

See All Agents

Map

Source: The MLS

MLS Number: 21-679328

The MLS

APN: 2221-021-052

California Los Angeles County Van Nuys 91405 Van Nuys

7255 Kester Ave, Van Nuys, CA

This home is located at 7255 Kester Ave, van Nuys, CA 91405 since 12 January 2021 and is currently estimated at $1,717,265, approximately $407 per square foot. This property was built in 2007. 7255 Kester Ave is a home located in Los Angeles County with nearby schools including Valerio Street Elementary School, Robert Fulton College Preparatory, and Panorama High School.

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