NOT LISTED FOR SALE

7856 Paso Robles Ave van Nuys, CA 91406

Estimated Value: $971,000 - $1,529,000

3 Beds
3.5 Baths
2,787 Sq Ft
$468/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $1,149,000 $412 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,109/month

104 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Game Room
  • Traditional Architecture
  • No HOA
  • Den

About This Home

As of January 2023

MAJOR PRICE REDUCTION!

Great area of Lake Balboa Entertainers Dream.

INVESTORS, can make several ADU's with private entrances. Could be multiple family home.

CAR ENTHUSIASTS...... Check out the garages, you can park 8 cars in them and then plenty more on the side and driveway.
Front garage has 1/2 bath.

Well maintained property. Same owner for over 50 years, could use a little TLC.

Private and secure with automatic rod iron rolling gates, opening on both sides for cars, and pedestrian gate.

Great open floor plan , perfect for entertaining. 3 bedrooms, 3 full baths. Front 2 bedrooms, living room and dining room have original hardwood floors. Living room has fireplace.

The Family room boasts a one of a kind full size bar, with floor to ceiling tree (yes, you read this right, a tree), which leads to the Game room/Den with a fireplace and full bath and laundry room.

Beautifully manicured front and back yard.

4 car garage in the front perfect to make ADU with private entrance, back has another 4 car garage which also can be used for 4 cars or made into ADU

Investors and Car enthusiasts won't want to miss this one!!!!

Last Agent to Sell the Property

Debi Ardi

Mickie Ardi Realty License #00802221 Listed on: 08/24/2022

Last Buyer's Agent

Svetlana Martirosova

1st Eagle Realty License #02008451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,639

Year Built

  • Built in 1949

Lot Details

  • 0.33 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Attached Garage

Home Design

  • Traditional Architecture
  • Interior Block Wall

Interior Spaces

  • 2,787 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Game Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub

Outdoor Features

  • Deck
  • Brick Porch or Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 16
  • Assessor Parcel Number 2204023006

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,639

Year Built

Built in 1949

Lot Details

0

Parking

8

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2204023006
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2787.00 Square Feet
  • Interior Amenities: Block Walls, Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room, Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 412.27
  • Room Type: All Bedrooms Down, Den, Family Room, Game Room, Kitchen, Living Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Deck, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14481.00
  • Lot Size Acres: 0.3324

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14481.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Dec 22, 2022
Sold by
Gharibyan Anna
Bought by
Sayadyan Levon
Seller's Agent
Debi Ardi
Mickie Ardi Realty
Buyer's Agent
Svetlana Martirosova
1st Eagle Realty
List Price
$1,399,000
Sold Price
$1,149,000
Premium/Discount to List
-$250,000
-17.87%
Views
22
Current Estimated Value
$1,304,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,504
Avg. Annual Appreciation
4.80%
Original Mortgage
$919,000
Outstanding Balance
$891,593
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$412,911

Purchase Details

Listed on
Aug 24, 2022
Closed on
Dec 13, 2022
Sold by
Robert F Grossi Revocable Trust
Bought by
Sayadyan Meruzhan Aramovich and Sayadyan Levon
Seller's Agent
Debi Ardi
Mickie Ardi Realty
Buyer's Agent
Svetlana Martirosova
1st Eagle Realty
List Price
$1,399,000
Sold Price
$1,149,000
Premium/Discount to List
-$250,000
-17.87%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$919,000
Outstanding Balance
$891,593
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$412,911

Purchase Details

Closed on
Nov 8, 1996
Sold by
Grossi Robert F
Bought by
Grossi Robert F and The Robert F Grossi Revocable Trust 1986
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
Sayadyan Levon -- All California Title
Sayadyan Meruzhan Aramovich $1,150,000 All California Title
Grossi Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayadyan Meruzhan Aramovich $919,000
Previous Owner Grossi Robert F $750,000
Previous Owner Grossi Robert F $1,252,500
Previous Owner Grossi Robert F $469,342
Previous Owner Grossi Robert F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $1,149,000 -8.1% $412 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $1,249,900 -3.8% $448 / Sq Ft
09/25/2022 09/25/22 Price Changed $1,299,000 -7.1% $466 / Sq Ft
08/24/2022 08/24/22 For Sale $1,399,000 -- $502 / 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 $14,639 $1,196,355 $597,189 $599,166
2024 $14,639 $1,172,898 $585,480 $587,418
2023 $2,478 $159,290 $36,261 $123,029
2022 $2,299 $156,167 $35,550 $120,617
2021 $2,256 $153,105 $34,853 $118,252
2019 $2,197 $148,566 $33,820 $114,746
2018 $1,975 $145,654 $33,157 $112,497
2016 $1,856 $140,000 $31,870 $108,130
2015 $1,831 $137,898 $31,392 $106,506
2014 $1,849 $135,198 $30,778 $104,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22187003

California Regional Multiple Listing Service (CRMLS)

APN: 2204-023-006