NOT LISTED FOR SALE

8837 Burnet Ave North Hills, CA 91343

North Hills Neighborhood

Estimated Value: $2,298,000 - $6,504,995

0.31 Acre
$15,665,042 Price per Acre
13,711 Sq Ft Lot

Last Sold March 07, 2018

Last sale price $1,280,000 $1,236 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $28,672/month

30 Days on Market

About This Lot

As of March 2018

Great opportunity in Los Angeles! Property to be sold with approved plans ready to issue (RTI) permits, for 12 TOWNHOUSE style units, inside washer/dryer hookup, 23 parking space, balconies, deck and storage. With a total of 16,248 SF of living space and entry and 4,604 SF of garage and storage. Each dwelling has three bedrooms and thoughtfully designed with an open floor plan and spacious living room. 2-3 bedrooms and 3 bathrooms, 10-3 bedrooms, and 2.5 bathrooms, one allocated as very low income

Last Agent to Sell the Property

Parviz Kamkar

Kamkar Real Estate License #01045664 Listed on: 01/03/2018

Last Buyer's Agent

Kenneth Si

Sky Terrace Incorporation License #01935923

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,275

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LARD1.5

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2654-008-024

Property Details

Property Type

Land

Est. Annual Taxes

$17,275

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Probate: No
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2654-008-024
  • Geocode Override: No
  • Lot Size Area: 13711

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 1, 2018
Sold by
8837 Burnet Llc
Bought by
Coreland Realty Llc
Seller's Agent
Parviz Kamkar
Kamkar Real Estate
Buyer's Agent
Kenneth Si
Sky Terrace Incorporation
List Price
$1,379,000
Sold Price
$1,280,000
Premium/Discount to List
-$99,000
-7.18%
Current Estimated Value
$4,930,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,650,749
Avg. Annual Appreciation
20.02%

Purchase Details

Listed on
Oct 4, 2014
Closed on
Dec 30, 2014
Sold by
Katash Joseph
Bought by
8837 Burnet Llc
Seller's Agent
Joseph Rudd
Keller Williams Realty-Studio City
Buyer's Agent
Peter Miller
Equity Union
List Price
$599,000
Sold Price
$545,000
Premium/Discount to List
-$54,000
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.36%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Katash Joseph
Bought by
Katash Joseph and The J Daniel Katash Family Trust

Purchase Details

Closed on
Jul 9, 2004
Sold by
Dcre Investment Llc
Bought by
Katash Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2000
Sold by
Lee Karl P
Bought by
Chen David

Purchase Details

Closed on
Aug 17, 1993
Sold by
Chen Deena
Bought by
Chen David and Chen Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%

Purchase Details

Closed on
Aug 16, 1993
Sold by
Lee Deena M
Bought by
Lee Karl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%

Purchase Details

Closed on
Jul 19, 1993
Sold by
Chen David
Bought by
Lee Karl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Coreland Realty Llc $1,280,000 Chicago Title
8837 Burnet Llc $545,000 Lawyers Title
Katash Joseph -- None Available
Katash Joseph $365,000 Security Union Title
Dcre Investment Llc -- Security Union Title
Chen David -- --
Chen David -- North American Title Company
Lee Karl P -- North American Title Company
Lee Karl P $150,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coreland Realty Llc $3,183,000
Closed Coraand Realty Llc $2,650,000
Previous Owner Katash Joseph $374,500
Previous Owner Katash Joseph $292,000
Previous Owner Chen David $102,500
Previous Owner Lee Karl P $110,000
Closed Katash Joseph $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $1,280,000 -7.2% $1,236 / Sq Ft
01/03/2018 01/03/18 For Sale $1,379,000 +153.0% $1,331 / Sq Ft
01/21/2015 01/21/15 Sold $545,000 -9.0% $526 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $599,000 -- $578 / Sq Ft
Source: The MLS

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 $17,275 $1,456,420 $1,456,420 --
2024 $17,275 $1,427,863 $1,427,863 --
2023 $16,935 $1,399,866 $1,399,866 $0
2022 $16,136 $1,372,418 $1,372,418 $0
2021 $15,953 $1,345,508 $1,345,508 $0
2019 $15,470 $1,305,600 $1,305,600 $0
2018 $7,022 $575,664 $575,664 $0
2016 $6,893 $553,310 $543,158 $10,152
2015 $3,719 $287,000 $228,000 $59,000
2014 $3,811 $287,000 $228,000 $59,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Parviz Kamkar

    Kamkar Real Estate

    (310) 820-6131

    5 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Kenneth Si

    Sky Terrace Incorporation

  • J

    Seller's Agent in 2015

    Joseph Rudd

    Keller Williams Realty-Studio City

    (818) 605-7732

    29 Total Sales

    Section Image
  • Peter Miller

    Buyer's Agent in 2015

    Peter Miller

    Equity Union

    (818) 489-1902

    1 in this area

    51 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-299526

The MLS

APN: 2654-008-024

California Los Angeles County North Hills 91343 North Hills

8837 Burnet Ave, North Hills, CA

This home is located at 8837 Burnet Ave, North Hills, CA 91343 since 03 January 2018 and is currently estimated at $4,930,749, approximately $4,759 per square foot. 8837 Burnet Ave is a home located in Los Angeles County with nearby schools including Francisco Sepulveda Middle School, James Monroe High School, and Valley Academy of Arts & Sciences.

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