NOT LISTED FOR SALE

9014 Wilbur Ave Northridge, CA 91324

Estimated Value: $979,421 - $1,048,000

6 Beds
4 Baths
1,926 Sq Ft
$529/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $950,000 $493 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,878/month

18 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • 2 Car Garage
  • Valley Academy of Arts & Sciences Rated A-
  • Central Heating and Cooling System
  • Turnkey

About This Home

As of March 2023

NON RENT CONTROL/Tenants pay on time. (great opportunity to do almost anything the buyer wants, either as an investor or a homeowner) Purchase two houses (9014 Wilbur and 9016 Wilbur )each is a 3+2 on a 10,697 sqft lot. Each with their own address & separate gas, electric, and water meters. endless possibilities! Ideally located close to Cal State Northridge, Northridge Fashion Center. Endless possibilities for expansions. All units are separated and built like individual homes with their own garden. Rents are well below market. Tenants pay for all utilities. There is a laundry area in each home. There is plenty of parking on-site. Tax assessor is Duplex.

Last Agent to Sell the Property

Lilach Depas

Equity Union License #01969911 Listed on: 01/29/2023

Equity Union

Last Buyer's Agent

T.A. (Taffy) Bishara

RE/MAX OLYMPIC License #00916468

RE/MAX OLYMPIC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,862

Year Built

  • Built in 1980

Lot Details

  • 10,697 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,926 Sq Ft Home
  • Duplex
  • Turnkey
  • Shingle Roof

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot B
  • $337 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $900
  • Insurance Expense $1,000
  • Maintenance Expense $1,250
  • Operating Expense $3,150
  • Gross Income $54,384
  • Net Operating Income $51,234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,862

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 485000
  • Property Attached: No
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 493.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10697.00
  • Lot Size Acres: 0.2456

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 54384.00
  • Gross Operating Income: 54384.00
  • Gross Scheduled Income: 54384.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 10697.0000 Square Feet
  • Maintenance Expense: 1250.00
  • Net Operating Income: 51234.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 3150.00
  • Rent Control: No
  • Total Actual Rent: 54384.00
  • Total Expenses: 3150.00

Tax Info

  • Tax Census Tract: 1152.02
  • Tax Lot: B
  • TaxOtherAnnualAssessmentAmount: 337.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Feb 9, 2023
Sold by
Argil Elan
Bought by
Suhad And George Shalhoub Family Trust
Seller's Agent
Lilach Depas
Equity Union
Buyer's Agent
T.A. (Taffy) Bishara
RE/MAX OLYMPIC
List Price
$970,000
Sold Price
$950,000
Premium/Discount to List
-$20,000
-2.06%
Views
58
Current Estimated Value
$1,019,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,355
Avg. Annual Appreciation
2.71%

Purchase Details

Listed on
Oct 1, 2012
Closed on
Feb 12, 2013
Sold by
Maayan Dalit
Bought by
Argil Elan
Seller's Agent
Anthony Esguerra
Ancris Enterprises, Inc.
Buyer's Agent
Christopher Torres
Beverly and Company, Inc.
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$494,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2013
Sold by
Florita Fernando T and Florita Fernando
Bought by
Argil Elan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Genne Lee A and Genne Family Trust
Bought by
Florita Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Suhad And George Shalhoub Family Trust $1,900,000 Fidelity National Title
Argil Elan -- North American Title
Argil Elan $380,000 North American Title
Florita Fernando $615,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argil Elan $494,000
Previous Owner Florita Fernando $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $950,000 -2.1% $493 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $970,000 +155.3% $504 / Sq Ft
03/04/2013 03/04/13 Sold $380,000 -15.6% $197 / Sq Ft View Prior Sale
10/12/2012 10/12/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $450,000 -- $234 / 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 $5,862 $467,930 $350,951 $116,979
2024 $5,862 $458,756 $344,070 $114,686
2023 $5,753 $449,762 $337,324 $112,438
2022 $5,491 $440,944 $330,710 $110,234
2021 $5,418 $432,299 $324,226 $108,073
2020 $5,469 $427,867 $320,902 $106,965
2019 $5,260 $419,478 $314,610 $104,868
2018 $5,164 $411,254 $308,442 $102,812
2016 $4,924 $395,287 $296,466 $98,821
2015 $4,853 $389,350 $292,013 $97,337
2014 $4,883 $381,724 $286,293 $95,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23015307

California Regional Multiple Listing Service (CRMLS)

APN: 2770-001-028