M
Seller's Agent in 2019
Maricruz Lutt
Park Regency Realty
(818) 481-4682
1 in this area
11 Total Sales
7929 Ledge Ave Sun Valley, CA 91352
Sun Valley NeighborhoodEstimated Value: $1,185,517 - $1,420,000
4
Beds
4
Baths
2,199
Sq Ft
$592/Sq Ft
Est. Value
Highlights
- Home fronts a creek
- RV Access or Parking
- Open Floorplan
- Verdugo Hills Senior High School Rated A-
- All Bedrooms Downstairs
- View of Hills
About This Home
As of February 2019**Seller is really motivated in selling this investment home" Great investment opportunity with this "DUPLEX" 2- UNITS in a desirable location of Sun Valley Ca. it sits on a huge 10,224 square foot lot, with the total of 2,199 square feet of living space. Next to Burbank, Ca. Front unit offers 3-Bed 2-Bath. Back unit offers 2-Bedrooms 1 Bath. Each unit has a kitchen with a dining area,spacious living room, tile flooring throughout out the main house, washer and dryer hookup, cover patio, Close to schools,shopping malls and close to freeway Access. Both units have separate electricity and Gas meters, however they do share the water meter. This units are been sold in as is condition. both units are tenant occupied
Last Agent to Sell the Property
Park Regency Realty License #01473477 Listed on: 04/23/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 10,224 Sq Ft Lot
- Home fronts a creek
- No Common Walls
- Wrought Iron Fence
- Fence is in average condition
- Level Lot
- Zero Lot Line
Parking
- 2 Car Garage
- Attached Carport
- Parking Available
- Parking Deck
- Driveway
- RV Access or Parking
- Assigned Parking
Home Design
- Duplex
- Contemporary Architecture
- Cosmetic Repairs Needed
- Interior Block Wall
- Concrete Perimeter Foundation
Interior Spaces
- 2,199 Sq Ft Home
- Open Floorplan
- Double Door Entry
- Living Room with Fireplace
- Views of Hills
Kitchen
- Gas Cooktop
- Tile Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Accessible Home Design
- Accessible Parking
Utilities
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 2407016007
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Foothills
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $120
- Water Sewer Expense $188
- New Taxes Expense $192
- Operating Expense $499
- Gross Income $46,000
- Net Operating Income $40,810
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2025
Sold by
Yepremyan Vardui
Bought by
Vardapetyan Levon
Current Estimated Value
Purchase Details
Closed on
Aug 30, 2022
Sold by
Vardapetyan Trust
Bought by
Levard Property Management Llc
Purchase Details
Listed on
Apr 23, 2018
Closed on
Jan 29, 2019
Sold by
Yepremyan Vardui
Bought by
Vardapetyan Levon
Seller's Agent
Maricruz Lutt
Park Regency Realty
Buyer's Agent
Steve Hovakimyan
City Center Realty Group
List Price
$769,900
Sold Price
$665,000
Premium/Discount to List
-$104,900
-13.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Purchase Details
Closed on
Oct 10, 2018
Sold by
Gonzalez Carlos and Gonzalez Alicia
Bought by
Vardapetyan Levon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 21, 2003
Sold by
Gonzales Carlos and Gonzales Alicia
Bought by
Gonzales Carlos and Gonzalez Alicia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vardapetyan Levon | -- | None Listed On Document | |
| Vardapetyan Levon | -- | None Listed On Document | |
| Levard Property Management Llc | -- | None Listed On Document | |
| Vardapetyan Trust | -- | None Listed On Document | |
| Vardapetyan Levon | -- | None Listed On Document | |
| Vardapetyan Levon | -- | Wfg National Title Company | |
| Vardapetyan Levon | $665,000 | Wfg National Title Company | |
| Gonzales Carlos | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vardapetyan Levon | $532,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2019 02/04/19 | Sold | $665,000 | -13.6% | $302 / Sq Ft |
| 10/08/2018 10/08/18 | Pending | -- | -- | -- |
| 04/23/2018 04/23/18 | For Sale | $769,900 | -- | $350 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,154 | $1,248,480 | $936,360 | $312,120 |
| 2024 | $15,154 | $1,224,000 | $918,000 | $306,000 |
| 2023 | $9,022 | $713,011 | $498,572 | $214,439 |
| 2022 | $8,611 | $699,032 | $488,797 | $210,235 |
| 2021 | $8,501 | $685,326 | $479,213 | $206,113 |
| 2020 | $8,583 | $678,300 | $474,300 | $204,000 |
| 2019 | $2,560 | $180,235 | $63,711 | $116,524 |
| 2018 | $2,370 | $176,702 | $62,462 | $114,240 |
| 2016 | $2,244 | $169,842 | $60,038 | $109,804 |
| 2015 | $2,214 | $167,292 | $59,137 | $108,155 |
| 2014 | $2,237 | $164,016 | $57,979 | $106,037 |
Source: Public Records
Agents Affiliated with this Home
-
Maricruz Lutt
-
Manny Meneses
Seller Co-Listing Agent in 2019
Manny Meneses
Park Regency Realty
(818) 472-6896
2 in this area
50 Total Sales
-
Steve Hovakimyan
Buyer's Agent in 2019
Steve Hovakimyan
City Center Realty Group
(818) 209-0922
4 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR18083113
APN: 2407-016-007
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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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