NOT LISTED FOR SALE

Estimated Value: $1,090,000 - $2,217,000

6 Beds
5 Baths
2,575 Sq Ft
$702/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $1,305,000 $507 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,155/month

15 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Recessed Lighting
  • John H. Francis Polytechnic Rated A-
  • Bathtub
  • Laundry Room

About This Home

As of December 2023

Incredible Investment Opportunity in North Hollywood! This property features 2 houses + recreation room on one lot. 7838 and 7840 Vantage Ave. Main house 3bed/2bath about 1,100 sq.ft. Brand New Built ADU 3bed/2bath about 1,200 sq.ft. With Paid off Solar. Recreation room with Kitchen and Bathroom about 400 sq.ft. Amazing location and curb appeal with plenty of parking. Both feature laminate flooring, recessed lighting, central AC, plenty of storage space and more. Modern NEW kitchens are equipped with sleek porcelain countertops and self-shutting cabinets. NEW stainless-steel appliances included. All NEW bathrooms with walk in shower. Separate Laundry for each. Bedrooms are all bright and spacious, offering ample closet space. Separate Electric meters. Each house has private and spacious backyard. Your buyers will fall in love with these properties. Absolutely nothing left to do, but to move in and enjoy this amazing houses.

Last Agent to Sell the Property

Armen Grdilian

Prime Realty and Loans Inc. License #01869264 Listed on: 09/12/2023

Last Buyer's Agent

Balbir Arora

Arora Realty License #01764077

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,915

Year Built

  • Built in 1948

Lot Details

  • 7,500 Sq Ft Lot
  • Front Yard
  • Property is zoned LARS

Home Design

  • Copper Plumbing

Interior Spaces

  • 2,575 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 5 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 13941
  • Assessor Parcel Number 2309025014

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,915

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2309025014
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2575.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 1
  • Entry Location: .
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 506.80
  • Room Type: Kitchen, Primary Bedroom
  • Bathroom Features: Bathtub, Walk-In Shower

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1210.20
  • Tax Lot: 28
  • Tax Tract Number: 13941

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Elevate Acquisitions Llc
Bought by
Cadet 23 Llc
Current Estimated Value
$1,807,344

Purchase Details

Closed on
Nov 3, 2022
Sold by
Arora Revocable Trust
Bought by
Madinyan Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2015
Sold by
Arora Narendra
Bought by
Arora Revocable Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Cadet 23 Llc $2,107,000 First American Title Insurance
Madinyan Karen $680,000 Old Republic Title Co Glendale
Madinyan Karen -- --
Arora Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madinyan Karen $500,000
Previous Owner Madinyan Karen $400,000
Previous Owner Arora Narendra Kumar $182,000
Previous Owner Arora Narendra Kumar $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $1,305,000 +0.8% $507 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $1,295,000 -- $503 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,915 $2,149,140 $1,129,140 $1,020,000
2024 $15,915 $1,305,000 $780,000 $525,000
2023 $8,415 $680,000 $544,000 $136,000
2022 $2,044 $153,597 $76,351 $77,246
2021 $2,016 $150,586 $74,854 $75,732
2019 $1,959 $146,122 $72,635 $73,487
2018 $1,869 $143,258 $71,211 $72,047
2016 $1,778 $137,697 $68,447 $69,250
2015 $1,754 $135,629 $67,419 $68,210
2014 $1,769 $132,973 $66,099 $66,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23167875

California Regional Multiple Listing Service (CRMLS)

APN: 2309-025-014