NOT LISTED FOR SALE

7300 Hazeltine Ave van Nuys, CA 91405

7 Beds
6 Baths
3,584 Sq Ft
7,612 Sq Ft Lot Lot

Sale Details

Date Sold: June 7, 2016

Last sale price $975,000 $272 Per Sq Ft

52 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Laundry Room
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • No Interior Steps

About This Home

As of June 2016

Forget banks and let seller finance your purchase free of hassle. Well-maintained & upgraded units sharing a wonderful rear garden with lovely fruit trees and BBQ & play areas making this property unique. Ideal Mid Valley location, close to civic center, shopping, public transportation, and job centers. Below market rents with huge upside potential. Good income from laundry room with washer & dryer owned. Assigned carports with individual storage. Area is going through rapid transition with huge new development right across the street. Please do not contact tenants and drive-by only. Interior inspection upon accepted offer. Sizes are per tax roll & financial information per seller. Buyer to do own due diligence & take full responsibility for all. L.A City rent control ordinance applies.

Last Agent to Sell the Property

Kris Armand

Foresight Rlty & Inv. License #00775942 Listed on: 03/14/2016

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,612 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,584 Sq Ft Home
  • Window Screens
  • Fire and Smoke Detector
  • Gas Cooktop
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 6 Bathrooms

Accessible Home Design

  • No Interior Steps

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 57
  • Tax Tract Number 1000
  • Assessor Parcel Number 2216001051

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $3,360
  • Gardener Expense $960
  • Insurance Expense $1,704
  • Maintenance Expense $2,400
  • Trash Expense $1,260
  • Water Sewer Expense $1,440
  • New Taxes Expense $12,360
  • Gross Income $6,103
  • Net Operating Income $48,516

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,612 Sq Ft Lot

Parking

6

Listing Details

  • Inclusions: Attached fixtures and appliances.
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1440.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 2216001051
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 272.04
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1260.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Sewer
  • Community Features: Curbs

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7612.00
  • Price Per Lot Square Foot: 128.09
  • Lot Size Acres: 0.1750

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3360.00
  • Gross Income: 6103.00
  • Gross Scheduled Income: 73236.00
  • Insurance Expense: 1704.00
  • Lot Size Area: 7612.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 48516.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Operating Expense: 24720.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 12360.00
  • Tax Lot: 57
  • Tax Tract Number: 1000
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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 List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $975,000 0.0% $272 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $975,000 -- $272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,882 $1,154,197 $461,679 $692,518
2024 $14,709 $1,131,567 $452,627 $678,940
2023 $14,439 $1,109,380 $443,752 $665,628
2022 $13,800 $1,087,628 $435,051 $652,577
2021 $13,628 $1,066,303 $426,521 $639,782
2020 $13,770 $1,060,820 $422,148 $638,672
2019 $13,253 $1,040,127 $413,871 $626,256
2018 $13,113 $1,019,840 $405,756 $614,084
2016 $7,319 $540,459 $232,996 $307,463
2015 $7,223 $532,342 $229,497 $302,845
2014 $7,284 $521,915 $225,002 $296,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16053412

California Regional Multiple Listing Service (CRMLS)
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