Seller's Agent in 2017
David Adatto
Cethron Property Management
(818) 308-5641
7410 Kester Ave van Nuys, CA 91405
Van Nuys Area
9
Beds
8
Baths
3,414
Sq Ft
0.59
Acre Lot
About This Home
As of June 2017Nice investment opportunity. Fully leased 8 unit property in Van Nuys. Significant land for potential development. Sold AS IS. Rent Control. Buyer to verify all. Submit all offers for consideration.
Last Agent to Sell the Property
Cethron Property Management License #01787927 Listed on: 03/10/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 25,848 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 8 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- 3,414 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Laundry
- Laundry in unit
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Tax Tract Number 9077
- Assessor Parcel Number 2218013004
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 8 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,200
- Professional Management Expense $6,290
- Trash Expense $2,400
- Water Sewer Expense $7,800
- New Taxes Expense $14,663
- Operating Expense $49,512
- Gross Income $95,940
- Net Operating Income $56,077
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 24, 2020
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
$5,672,000
Interest Rate
0.031%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 5, 2018
Sold by
Bought by
Purchase Details
Closed on
Jan 25, 2016
Sold by
Bought by
Purchase Details
Closed on
Feb 24, 2000
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2000
Sold by
Bought by
Purchase Details
Closed on
Jun 17, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Fidelity National Title Co | ||
| -- | North American Title Company | ||
| -- | Fidelity National Title Co | ||
| -- | Stewart Title | ||
| -- | Stewart Title | ||
| $145,000 | Investors Title Company |
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 | $5,672,000 |
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 |
|---|---|---|---|---|
| 06/22/2017 06/22/17 | Sold | $1,250,000 | -2.0% | $366 / Sq Ft |
| 03/16/2017 03/16/17 | Pending | -- | -- | -- |
| 03/10/2017 03/10/17 | For Sale | $1,275,000 | -- | $373 / 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 | $19,015 | $1,450,729 | $870,437 | $580,292 |
| 2024 | $18,748 | $1,422,284 | $853,370 | $568,914 |
| 2023 | $18,409 | $1,394,397 | $836,638 | $557,759 |
| 2022 | $17,609 | $1,367,057 | $820,234 | $546,823 |
| 2021 | $17,391 | $1,340,252 | $804,151 | $536,101 |
| 2020 | $11,700 | $837,786 | $364,321 | $473,465 |
| 2019 | $11,291 | $821,360 | $357,178 | $464,182 |
| 2018 | $11,035 | $805,256 | $350,175 | $455,081 |
Source: Public Records
Agents Affiliated with this Home
-
David Adatto
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17051142
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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