Stephanie Payab
Berkshire Hathaway HomeServices California Properties
(818) 412-8595
51 Total Sales
2 in Van Nuys
$835K - $997K Price Range
We are pleased to exclusively present 8204 Langdon Avenue, a 34-unit apartment community, 1977 construction, located in the densely populated Van Nuys submarket of the San Fernando Valley. The property is just south of Roscoe Blvd, east of the 405 freeway, and is well situated on a 34,347 square foot lot. The close proximity to the 405 Freeway provides tenants with major transportation options, and within walking distance are major employment centers, such as The Galpin Motor Company and Anheuser Busch, as well as many other amenities. The building has a unit mix of 32 1+1s, and two (2) 2+1s, and also features on-site parking with 36 spaces, a laundry room, a sparkling swimming pool, and air-conditioning. This offering presents an investor an opportunity to own in a populated and appreciating market, with the ability to reposition the asset and achieve aggressive market rents. A notable deal point to strongly consider: the market Cap rate is more than double that of the current Cap rate.
Last Agent to Sell the Property
David Ballin Kaufman License #01217537 Listed on: 06/14/2022
Stephanie Payab
Berkshire Hathaway HomeServices California Properties
(818) 412-8595
51 Total Sales
2 in Van Nuys
$835K - $997K Price Range
Rodney Gallman
Citihome
(747) 250-8199
11 Total Sales
1 in Van Nuys
$765,000 Price
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
48 Total Sales
1 in Van Nuys
$1,430,000 Price
Steve Julian
Luxury Collective
(747) 293-4987
170 Total Sales
4 in Van Nuys
$865K - $1.3M Price Range
Joanne Nelson
Equity Union Real Estate
(805) 409-9360
32 Total Sales
2 in Van Nuys
$982,500 Price Range
Edward Wynn
Compass
(571) 617-7149
7 Total Sales
1 in Van Nuys
$900,000 Price
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 |
|---|---|---|---|
| $5,800,000 | Old Republic Title | ||
| Pi Properties No 124 Llc | -- | Chicago Title | |
| Pi Properties #124 Llc | $3,850,000 | North American Title | |
| Rogers Properties Llc | -- | -- | |
| Rogers Michelle Leslie | -- | -- |
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 | $2,100,000 |
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 |
|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $5,800,000 | 0.0% | $291 / Sq Ft |
| 10/25/2022 10/25/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | Price Changed | $5,800,000 | -3.3% | $291 / Sq Ft |
| 07/07/2022 07/07/22 | Price Changed | $6,000,000 | -7.7% | $301 / Sq Ft |
| 06/14/2022 06/14/22 | For Sale | $6,500,000 | -- | $326 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $75,893 | $6,155,006 | $2,440,778 | $3,714,228 |
| 2025 | $75,893 | $6,034,320 | $2,392,920 | $3,641,400 |
| 2024 | $74,947 | $5,916,000 | $2,346,000 | $3,570,000 |
| 2023 | $73,538 | $5,800,000 | $2,300,000 | $3,500,000 |
| 2022 | $54,002 | $4,294,745 | $2,576,847 | $1,717,898 |
| 2021 | $53,279 | $4,210,535 | $2,526,321 | $1,684,214 |
| 2019 | $51,756 | $4,092,350 | $2,451,390 | $1,640,960 |
| 2018 | $51,010 | $4,012,240 | $2,403,324 | $1,608,916 |
| 2016 | $48,597 | $3,850,000 | $2,310,000 | $1,540,000 |
| 2015 | $19,040 | $1,369,838 | $263,349 | $1,106,489 |
| 2014 | $19,336 | $1,343,006 | $258,191 | $1,084,815 |
Seller's Agent in 2022
David Kaufman
David Ballin Kaufman
(818) 464-3211
17 Total Sales
Source: The MLS
MLS Number: 22-168369
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