NOT LISTED FOR SALE

Estimated Value: $1,258,000 - $1,446,000

2 Beds
1 Bath
3,852 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2020

Last sale price $1,150,000 $299 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,552 / mo

39 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • North Hollywood Senior High School Rated A
  • Turnkey
  • Front Yard

About This Home

As of December 2020

Excellent opportunity to acquire 4 large 2 bedroom units. The property is in good condition with newer windows , 3 out of 4 units remodeled with recessed lighting newer kitchens with granite counter tops, remodeled bathrooms, laminate flooring, newer window AC units. There is a large covered patio (permitted), laundry room and two separate 2 car garages.

Last Agent to Sell the Property

Ohanes 'Hovig' Dimejian CCIM

Berkshire Hathaway Golden Prop License #00945543 Listed on: 08/30/2020

Berkshire Hathaway Golden Prop

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,748 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Property fronts an alley
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Property Attached
  • Turnkey
  • Composition Roof

Interior Spaces

  • 3,852 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Tax Tract Number 13995
  • Assessor Parcel Number 2315021011

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $1,350
  • Maintenance Expense $2,654
  • Other Expense $1,040
  • Supplies Expense $274
  • Trash Expense $1,200
  • Water Sewer Expense $1,965
  • New Taxes Expense $14,000
  • Operating Expense $23,383
  • Gross Income $79,500
  • Net Operating Income $55,650

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,748 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Supplies Expense: 274.00
  • View: No
  • Water Sewer Expenses: 1965.00
  • Zoning: LAR3
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 2315021011
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 298.55

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size: 50X135
  • Lot Size Sq Ft: 6748.00
  • Lot Size Acres: 0.1549
  • Latitude Manual: 34.20327100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 963 Square Feet
  • Electric Expense: 600.00
  • Gross Income: 79500.00
  • Gross Multiplier: 15.00
  • Gross Operating Income: 79500.00
  • Gross Scheduled Income: 79500.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 6748.0000 Square Feet
  • Maintenance Expense: 2654.00
  • Net Operating Income: 55650.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Patio: 1
  • Operating Expense: 23383.00
  • Operating Expense Percent: 30.00
  • Other Expense: 1040.00
  • Rent Control: Yes
  • Total Expenses: 23383.00

Tax Info

  • New Taxes Expense: 14000.00
  • Tax Census Tract: 1230.10
  • Tax Lot: 11
  • Tax Tract Number: 13995

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
Jul 13, 2010
Sold by
Bought by
Current Estimated Value
$1,352,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$203,129
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$1,149,525

Purchase Details

Closed on
Jan 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2005
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
$480,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 9, 2004
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
$384,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2004
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
$384,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
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
$387,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2000
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
$192,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$415,000 None Available
$512,805 Landsafe Title
-- Chicago Title Insurance Co
-- None Available
$600,000 Lsi Title Company
-- Gateway Title
-- Gateway Title
$430,000 First Southwestern Title
$240,000 Commonwealth 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
Open $311,250
Previous Owner $480,000
Previous Owner $384,000
Previous Owner $384,000
Previous Owner $387,000
Previous Owner $192,000
Closed $120,000
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
12/23/2020 12/23/20 Sold $1,150,000 -4.2% $299 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $1,200,000 -- $312 / 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 $15,469 $1,244,794 $757,701 $487,093
2024 $15,256 $1,220,388 $742,845 $477,543
2023 $14,964 $1,196,460 $728,280 $468,180
2022 $14,274 $1,173,000 $714,000 $459,000
2021 $14,087 $1,150,000 $700,000 $450,000
2020 $6,528 $496,794 $322,151 $174,643
2019 $6,284 $487,054 $315,835 $171,219
2018 $6,143 $477,505 $309,643 $167,862
2016 $5,722 $449,135 $297,620 $151,515
2015 $5,642 $442,390 $293,150 $149,240
2014 $5,684 $433,725 $287,408 $146,317
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20173861

California Regional Multiple Listing Service (CRMLS)

APN: 2315-021-011

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