Vartan Ambarian
Keller Williams R. E. Services
(747) 292-6978
20 Total Sales
3 in Van Nuys
$1M - $1.2M Price Range
7337 Woodley Ave Van Nuys, CA 91406
Van Nuys Area
3
Beds
4
Baths
4,968
Sq Ft
6,960
Sq Ft Lot
Highlights
- Laundry Facilities
- Rectangular Lot
- Radiant Heating System
About This Home
As of November 2022We are proud to represent this 8-unit apartment building in Lake Balboa area of Van Nuys.
The property has an excellent unit mix consisting of (5) 1+1 units, (1) 2+2 unit, and (2) studio units. With a lot size of
6,960 square feet, the property has a total of 4,968 rentable square feet. The property has been seismically retrofitted.
The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just
minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to
Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
The property is separately metered for electricity. The building is an electric building.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,960 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Home Design
- Apartment
Interior Spaces
- 4,968 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Location
- Urban Location
- Suburban Location
Utilities
- Radiant Heating System
Listing and Financial Details
- Tax Lot 171
- Tax Tract Number 6872
- Assessor Parcel Number 2205025001
- $1,094 per year additional tax assessments
Community Details
Overview
- 8 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Insurance Expense $2,600
- Trash Expense $3,600
- Operating Expense $3,785
- Gross Income $102,624
- Net Operating Income $61,301
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
Listed on
Jul 8, 2022
Closed on
Oct 5, 2022
Sold by
John F Brasch Trust
Bought by
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2012
Sold by
Brasch John
Bought by
Brasch John F and John F Brasch Trust
Purchase Details
Closed on
Feb 20, 2003
Sold by
Gonzalez Salvador T and Gonzalez Eduardo
Bought by
Brasch John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 2, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Gonzalez Salvador T
Purchase Details
Closed on
Jun 23, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Van Nuys, CA
-
Vartan Ambarian
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
114 Total Sales
4 in Van Nuys
$435K - $990K Price Range
-
Caroline Daniel
Caroline Daniel
Sterling Realty and Lending
(424) 499-1541
10 Total Sales
1 in Van Nuys
$840,000 Price
-
Albert Rodriguez
Albert Rodriguez
Equity Union
(747) 294-2100
84 Total Sales
1 in Van Nuys
$855,000 Price
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
81 Total Sales
4 in Van Nuys
$970K - $1.5M Price Range
-
Rodrigo Suerte Felipe
Rodrigo Suerte Felipe
eXp Realty of California Inc
(661) 592-1144
76 Total Sales
6 in Van Nuys
$420K - $1.1M Price Range
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 |
|---|---|---|---|
| $1,400,000 | Lawyers Title | ||
| Brasch John F | -- | None Available | |
| Brasch John | $635,000 | Equity Title | |
| Gonzalez Salvador T | -- | Investors Title Company | |
| Home Svgs Of America Fsb | $238,400 | -- |
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 | $1,400,000 | ||
| Previous Owner | 7337 Woodley Llc | $960,000 | |
| Previous Owner | Brasch John | $340,000 |
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 |
|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $1,400,000 | -3.4% | $282 / Sq Ft |
| 09/29/2022 09/29/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | Price Changed | $1,450,000 | -9.4% | $292 / Sq Ft |
| 07/08/2022 07/08/22 | For Sale | $1,600,000 | -- | $322 / 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 |
|---|---|---|---|---|
| 2026 | $18,527 | $1,485,690 | $891,414 | $594,276 |
| 2025 | $18,527 | $1,456,560 | $873,936 | $582,624 |
| 2024 | $18,304 | $1,428,000 | $856,800 | $571,200 |
| 2023 | $17,964 | $1,400,000 | $840,000 | $560,000 |
| 2022 | $11,263 | $866,630 | $519,981 | $346,649 |
| 2021 | $11,110 | $849,638 | $509,786 | $339,852 |
| 2019 | $10,800 | $827,064 | $494,666 | $332,398 |
| 2018 | $10,642 | $810,899 | $484,967 | $325,932 |
| 2016 | $10,110 | $776,889 | $466,136 | $310,753 |
| 2015 | $9,972 | $765,221 | $459,135 | $306,086 |
| 2014 | $10,053 | $750,233 | $450,142 | $300,091 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
Seller's Agent in 2022
Cindy Hill
Equity Union
(818) 640-8360
74 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22149411
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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