$980,000
SOLD JUL 22, 2025
5 Beds
2 Baths
1,849 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$530 Per Sq Ft

7% Below List Price

114 Days on Market

About This Home

As of July 2025

We are pleased to announce our newest listing in the heart of the San Fernando Valley. This charming duplex offers an exceptional owner-user opportunity. The property includes a front unit with a spacious 3-bedroomsingle-family home, while the brand-new 2024-built ADU at the back provides a modern 2-bedroom living space, complete with its own sizable yard. This layout is perfect for those looking to live in the front unit and rent out the ADU to help offset their mortgage. The two units are separated by a fence, ensuring privacy and giving the feel of two distinct homes on one lot, each with its own address. The property is fully occupied with tenants on year leases, offering immediate rental income for investors. Located in a highly desirable Van Nuys neighborhood, the property is conveniently close to Valley Village, Studio City, and a variety of shopping, retail, and entertainment options. The area is renowned for its family-friendly atmosphere and proximity to quality schools. For more information, please reach out to the listing agents.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 03/10/2025

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 03/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,941

Year Built

  • Built in 1950

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 62x100

Parking

  • 1 Parking Space

Interior Spaces

  • 1,849 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2203-021-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,941

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1849
  • Lot Acreage: 0.1435
  • Lot Dimensions: 62x100
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 567.87

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 1

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 128608
  • Assessed Land Percent: 80
  • Assessed Land Value: 514469
  • Total Assessed Value: 643077
  • Assessor Parcel Number: 2203-021-023
  • Lot Size Area: 6251

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.09
  • Number Of Units: 2
  • Total Annual Expense: 21349
  • Type Of Units: Standard
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Jun 30, 2025
Sold by
Y Ayala Trust and Ayala Yvonne
Bought by
Elan Lee Buller And Joy Anne Buller Living Tr and Buller
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Jonathan Weir
Marcus & Millichap
List Price
$1,050,000
Sold Price
$980,000
Premium/Discount to List
-$70,000
-6.67%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
404.85%
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$728,776

Purchase Details

Closed on
Jan 24, 2025
Sold by
Ayala Yvonne
Bought by
Y Ayala Trust and Ayala

Purchase Details

Closed on
Apr 21, 2006
Sold by
Hirschi Richard N
Bought by
Ayala Yvonne

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
6.26%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 1999
Sold by
Hirschi Richard N
Bought by
Hirschi Richard N and Hirschi Ruth
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $980,000 Ticor Title Company
Deed -- None Listed On Document
Grant Deed $480,000 Southland Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $334,897 New Conventional
Previous Owner $359,250 New Conventional
Previous Owner $384,000 Unknown
Previous Owner $384,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $980,000 -6.7% $530 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $1,050,000 -- $568 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $7,941 $655,938 $524,758 $131,180
2024 $7,941 $643,077 $514,469 $128,608
2023 $7,788 $630,469 $504,382 $126,087
2022 $7,425 $618,108 $494,493 $123,615
2021 $7,334 $605,990 $484,798 $121,192
2019 $6,328 $521,000 $416,000 $105,000
2018 $6,225 $508,000 $406,000 $102,000
2016 $5,636 $462,000 $369,000 $93,000
2015 $4,945 $404,000 $323,000 $81,000
2014 $4,441 $352,900 $281,800 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25510823

The MLS

APN: 2203-021-023