NOT LISTED FOR SALE

8507 Ventura Canyon Ave Panorama City, CA 91402

Estimated Value: $1,205,000 - $1,653,000

9 Beds
6 Baths
2,678 Sq Ft
$512/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $775,000 $289 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,392/month

92 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Fireplace in Kitchen
  • No HOA
  • Laundry Room

About This Home

As of September 2016

Beautiful and Clean Triplex. All 3 units are 3 bedrooms/2 baths each. Individually metered, each unit has own water heater as well as its own private fenced in back yard. Unit #2 & #3 remodeled in 2007 & 2009. Newer windows,washer and dryer hookups with space for full size appliances and fencing are a plus. Additionally, the roof is newer and the complex has a newer driveway., each unit has the ability to tandem park two cars in the rear. The Best thing about this building is that there is No Rent Control - Built in 1987. Close to freeways, Kaiser Permanente medical complex and shopping conveniences. Look at all the comps. You will not find another like this one.

Last Agent to Sell the Property

Sara Seeley

Coldwell Banker Quality Properties License #01241142 Listed on: 04/20/2016

Coldwell Banker Quality Properties

Last Buyer's Agent

Tom Hernandez

Keller Williams Realty-Studio City License #01128792

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,136

Year Built

  • Built in 1987

Lot Details

  • 9,619 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 2,678 Sq Ft Home
  • Traditional Architecture
  • Property Attached

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 12847
  • Assessor Parcel Number 2637017020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,300
  • Water Sewer Expense $3,600
  • New Taxes Expense $8,577
  • Gross Income $4,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,136

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Other Phone Description: 6616096200
  • Other Phone Number: 6616096200
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2637017020
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above
  • Appliances: Yes
  • Fireplace Features: Kitchen
  • Levels: One
  • Price Per Square Foot: 289.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999, Paved
  • Lot Size Sq Ft: 9619.00
  • Price Per Lot Square Foot: 80.57

Multi Family

  • Gross Income: 4425.00
  • Gross Scheduled Income: 53100.00
  • Insurance Expense: 1300.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Range: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8577.00
  • Tax Lot: 19
  • Tax Tract Number: 12847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Maore Ryan
Bought by
Comox Holdings Llc
Current Estimated Value
$1,369,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Outstanding Balance
$502,855
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$867,069

Purchase Details

Closed on
Aug 22, 2017
Sold by
Moore Ryan
Bought by
Moore Ryan and Moore Melody H

Purchase Details

Listed on
Apr 20, 2016
Closed on
Aug 9, 2016
Sold by
Prasad Jagdish
Bought by
Moore Ryan and Moore Melody
Seller's Agent
Sara Seeley
Coldwell Banker Quality Properties
Buyer's Agent
Tom Hernandez
Keller Williams Realty-Studio City
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$581,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2004
Sold by
Shakibi Reza
Bought by
Prasad Jagdish and Prasad Sneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Osmanian Hovig
Bought by
Shakibi Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
6%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Berzsenyi George
Bought by
Osmanian Hovig A and Osmanian Violet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.99%

Purchase Details

Closed on
Mar 15, 1993
Sold by
Berzsenyi George
Bought by
Berzsenyi George and Berzsenyi Yueh Kuei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.37%
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
Comox Holdings Llc -- First Integrity Ttl Co A Ca
Moore Ryan -- First Integrity Title Co
Moore Ryan -- Fin Title
Moore Ryan -- None Available
Comox Holdings Llc -- None Available
Moore Ryan $775,000 Lawyers Title
Prasad Jagdish $599,000 Equity Title Company
Shakibi Reza $365,000 Equity Title Company
Osmanian Hovig A $240,000 Fidelity National Title
Berzsenyi George -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Ryan $565,000
Previous Owner Moore Ryan $581,250
Previous Owner Prasad Jagdish $470,518
Previous Owner Prasad Jagdish $487,500
Previous Owner Prasad Jagdish $449,250
Previous Owner Shakibi Reza $85,000
Previous Owner Shakibi Reza $321,750
Previous Owner Osmanian Hovig A $180,000
Previous Owner Berzsenyi George $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $775,000 -13.8% $289 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $899,000 -- $336 / 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 $11,136 $899,448 $539,669 $359,779
2024 $11,136 $881,813 $529,088 $352,725
2023 $10,926 $864,523 $518,714 $345,809
2022 $10,428 $847,573 $508,544 $339,029
2021 $10,295 $830,955 $498,573 $332,382
2020 $10,395 $822,435 $493,461 $328,974
2019 $9,994 $979,200 $612,000 $367,200
2018 $9,795 $790,500 $474,300 $316,200
2016 $8,702 $705,312 $353,245 $352,067
2015 $8,577 $694,718 $347,939 $346,779
2014 $8,621 $681,111 $341,124 $339,987
Source: Public Records

Agents Affiliated with this Home

  • Sara Seeley

    Seller's Agent in 2016

    Sara Seeley

    Coldwell Banker Quality Properties

    (661) 609-6200

    11 Total Sales

    Sara Seeley
    Section Image
  • Tom Hernandez

    Buyer's Agent in 2016

    Tom Hernandez

    Keller Williams Realty-Studio City

    (818) 432-2665

    57 Total Sales

    Tom Hernandez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16082870

California Regional Multiple Listing Service (CRMLS)

APN: 2637-017-020

California Los Angeles County Panorama City 91331

8507 Ventura Canyon Ave, Panorama City, CA

This home is located at 8507 Ventura Canyon Ave, Panorama City, CA 91402 since 20 April 2016 and is currently estimated at $1,369,924, approximately $511 per square foot. This property was built in 1987. 8507 Ventura Canyon Ave is a home located in Los Angeles County with nearby schools including Chase Street Elementary School, Robert Fulton College Preparatory, and Panorama High School.

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California Regional Multiple Listing Service (CRMLS) 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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