NOT LISTED FOR SALE

8849 Van Nuys Blvd Panorama City, CA 91402

18 Beds
18 Baths
10,310 Sq Ft
9,010 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $2,082,780 $202 Per Sq Ft

182 Days on Market

Highlights

  • Gated Parking
  • Tile Flooring
  • Laundry Facilities
  • Valley Academy of Arts & Sciences Rated A-

About This Home

As of April 2019

For Disclosure Regarding Auction & Overbid read Private Remarks. For sale four value-add apartment buildings totaling 83 units in North Hollywood and Panorama City in the San Fernando Valley of Los Angeles, California. Properties: 8849 Van Nuys Blvd., Panorama City, 7818 Ventura Canyon Ave., Panorama City, 6961 Whitsett Ave., North Hollywood, and 6943 Whitsett Ave., North Hollywood. Prospective buyers must sign the confidentiality agreement on our website and follow Court Referee bid instructions.

Last Agent to Sell the Property

Laurie Lustig-Bower

Laurie J. Lustig License #00979360 Listed on: 03/06/2018

Last Buyer's Agent

Laurie Lustig-Bower

Laurie J. Lustig License #00979360 Listed on: 03/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,010 Sq Ft Lot

Parking

  • 15 Car Garage
  • Gated Parking

Interior Spaces

  • 10,310 Sq Ft Home
  • 3-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 10 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for ada upgrades
  • Assessor Parcel Number 2653-001-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

15

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 10310
  • Stories: 3
  • Year Built: 1987
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Bedrooms: 18
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 18.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 232.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 15
  • Covered Parking: 15
  • Parking Garage: Gated
  • Total Parking: 15

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Electric, Wall Unit(s)
  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Value: 905415
  • Assessed Land Value: 735649
  • Assessor Parcel Number: 2653-001-003
  • Geocode Override: No
  • Lot Size Area: 9010

Rental Info

  • Total Actual Rent: 161089.00
  • Land Lease Type: Fee
  • Rent Control: No
  • Tenant Pays: ADA Upgrades

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.60
  • Number Of Units: 10
  • Rent Control: 0
  • Total Annual Expense: 74991
  • Type Of Units: Apartment
  • Vacancy Rate: 2.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $2,082,780 -13.2% $202 / Sq Ft
03/06/2018 03/06/18 For Sale $2,400,000 -- $233 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-346336

The MLS