NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,167,000

8 Beds
4 Baths
3,838 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2021

Last sale price $975,000 $254 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,969 / mo

134 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Wall Furnace
  • North Hollywood Senior High School Rated A

About This Home

As of June 2021

Welcome to 7303 Bakman Ave in Sun Valley, CA. We are pleased to present the opportunity to own an incredible investment property with huge upside. All four units are currently occupied with long term month to month tenants. Each unit offers 2 spacious bedrooms and 1 bathroom with plenty of natural light. The covered garages in the back with alley access provide secure parking for each unit. This is a low maintenance building with a lot of potential. Within minutes from Glendale and Burbank, this property is in close proximity to schools, transportation and shopping districts.

Last Agent to Sell the Property

Mario Bahramjian

Archetype Real Estate Group In License #01843931 Listed on: 02/01/2021

Last Buyer's Agent

Tania Adary

Archetype Commercial Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,214 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 3,838 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 2315021013

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $550
  • Insurance Expense $1,320
  • Other Expense $850
  • Water Sewer Expense $3,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

6,214 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3200.00
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2315021013
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 254.04

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6214.00
  • Lot Size Acres: 0.1427

Multi Family

  • Electric Expense: 550.00
  • Insurance Expense: 1320.00
  • Lot Size Area: 6214.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Other Expense: 850.00

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

Closed on
Mar 15, 2022
Sold by
Bought by
Current Estimated Value
$1,065,504

Purchase Details

Closed on
Jun 1, 2018
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
$722,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2018
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
$722,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2016
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
$542,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2011
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
$262,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
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
$262,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
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
$262,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
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
$520,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
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
$520,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sun Valley, CA

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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
-- Michael Bilson
-- Accommodation
$850,000 Chicago Title
-- California Members Title Ins
-- California Members Title Ins
-- None Available
-- Investors Title Company
$375,000 Investors Title Company
$270,375 Accommodation
-- United Title
$488,000 North American Title Co
$2,400,000 North American Title Co
-- North American Title Co
-- --
-- --
-- --
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 $722,500
Previous Owner $542,500
Previous Owner $262,500
Previous Owner $520,000
Previous Owner $312,000
Previous Owner $328,000
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
06/16/2021 06/16/21 Sold $975,000 +2.7% $254 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $949,000 -2.7% $247 / Sq Ft
03/19/2021 03/19/21 Off Market $975,000 -- --
02/01/2021 02/01/21 For Sale $949,000 -- $247 / 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 $13,353 $1,055,369 $703,580 $351,789
2024 $13,168 $1,034,677 $689,785 $344,892
2023 $12,914 $1,014,390 $676,260 $338,130
2022 $12,315 $994,500 $663,000 $331,500
2021 $11,188 $893,501 $525,589 $367,912
2020 $11,292 $884,340 $520,200 $364,140
2019 $10,854 $867,000 $510,000 $357,000
2018 $5,523 $413,959 $289,221 $124,738
2016 $5,245 $397,887 $277,991 $119,896
2015 $5,173 $391,912 $273,816 $118,096
2014 $5,521 $384,236 $268,453 $115,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320004817

California Regional Multiple Listing Service (CRMLS)

APN: 2315-021-013

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