NOT LISTED FOR SALE

9413 Van Nuys Blvd Panorama City, CA 91402

8 Beds
7 Baths
13,298 Sq Ft
0.3 Acres

Last Sold July 07, 2014

Last sale price $2,800,000 $211 Per Sq Ft

About This Home

As of July 2014

Villa de Fano Apartments is a well maintained 16-unit apartment community located in Panorama City, California. Set amid lush surroundings on a 13,251 square foot lot, the 13,298 square foot property offers one-, two- and three- bedroom apartment homes in a variety of floor plans. Built in 1987, the property offers intercom entry, great parking, excellent rental upside and superb freeway access.

** Upside in Rents
** Great Unit Mix
** Great Parking
** Easy Freeway Access
** Laundry Facilities
** Secure Entry

Villa de Fano Apartments is located along Van Nuys Boulevard a major north-south thoroughfare that runs through the central San Fernando Valley
between Plummer Street to the north and Nordhoff Street to the south.

Last Agent to Sell the Property

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 03/29/2014

Warren Lee Berzack

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 34 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 13,298 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 14022
  • Assessor Parcel Number 2650027001

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,438
  • Insurance Expense $3,996
  • Maintenance Expense $9,977
  • Professional Management Expense $9,000
  • Trash Expense $2,100
  • Water Sewer Expense $14,000
  • New Taxes Expense $34,788
  • Gross Income $20,785
  • Net Operating Income $147,978

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

34

Listing Details

  • Professional Management Expense: 9000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 14000.00
  • Property Type: Residential Income
  • Parcel Number: 2650027001
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 210.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 34.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 34.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 13249.00
  • Lot Size Acres: 0.3040

Multi Family

  • Electric Expense: 6438.00
  • Gross Income: 20785.00
  • Gross Scheduled Income: 249420.00
  • Insurance Expense: 3996.00
  • Lot Size Area: 13249.0000 Square Feet
  • Maintenance Expense: 9977.00
  • Net Operating Income: 147978.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 88971.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 34788.00
  • Tax Lot: 35
  • Tax Tract Number: 14022
  • Tax Year: 2013

Range of Values:

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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 List to Sale Price per Sq Ft
07/07/2014 07/07/14 Sold $2,800,000 -3.4% $211 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $2,899,000 -- $218 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Warren Berzack

    Seller's Agent in 2014

    Warren Berzack

    Warren Lee Berzack

    (818) 986-9800

    1 in this area

    20 Total Sales

    Warren Berzack
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14065355

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Panorama City 91402

9413 Van Nuys Blvd, Panorama City, CA

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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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