NOT LISTED FOR SALE

9545 Woodman Ave Unit 1 Arleta, CA 91331

Estimated Value: $438,545 - $597,000

2 Beds
2 Baths
1,029 Sq Ft
$480/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $215,900 $210 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,097/month

6 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Beamed Ceilings
  • Valley Academy of Arts & Sciences Rated A-
  • 1.16 Acre Lot
  • Balcony

About This Home

As of September 2015

Great end unit town home in the City of Arleta. Spacious 2BD, 2BA; 1,029 square feet. Attached 2 car garage. Non rent control property. Current rent is significantly under market. Proforma rent is in the range of $1,850 - $2,000 per month. This computes to a 10%+ cap rate for the savvy investor. Cash buyer preferred, although Seller will entertain strong non cash offers. This is a great opportunity to own an investment property in one of the most in demand rental markets in the San Fernando Valley. Why keep your Savings in a Bank CD earning barely 1% when this property can provide a cash to cash return of 10%+ annual yield. Needs TLC, dated but clean.

Last Agent to Sell the Property

Arcie Pragale

Coldwell Banker Realty License #01918710 Listed on: 08/02/2015

Coldwell Banker Realty

Last Buyer's Agent

Arcie Pragale

Coldwell Banker Realty License #01918710 Listed on: 08/02/2015

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1978

Lot Details

  • 1.16 Acre Lot
  • Property fronts an alley
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,029 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Storage
  • Laundry Room
  • Security Lights

Kitchen

  • Gas and Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 35685
  • Assessor Parcel Number 2644026035

Community Details

Overview

  • 6 Units
  • Valley

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $2,700

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,877

Year Built

Built in 1978

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Security Lights, Gated Community
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 2644026035
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings, Balcony, Ceiling Fan(s), Copper Plumbing Full, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Price Per Square Foot: 209.82
  • Room Type: Living Room, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab, FHA Approved
  • Fencing: Block
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Sewer Assessments
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Monthly, Pets Permitted, Playground, Pool, Security, Sewer
  • Association Fee: 309.00
  • Association Fee Frequency: Monthly
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Suburban, Valley

Lot Info

  • Lot Size Sq Ft: 50478.00
  • Price Per Lot Square Foot: 4.28
  • Lot Size Acres: 1.1590

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 22200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 50478.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2700.00
  • Tax Lot: 1
  • Tax Tract Number: 35685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2025
Sold by
Monroy Maria
Bought by
Monroy Family Trust and Monroy
Current Estimated Value
$493,886

Purchase Details

Closed on
Aug 4, 1999
Sold by
Monroy Maria
Bought by
Monroy Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
7.56%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Monroy Family Trust -- None Listed On Document
Monroy Maria -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monroy Maria $73,807
Previous Owner Monroy Maria $86,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $215,900 -4.5% $210 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $225,990 -- $220 / 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 $1,877 $150,928 $37,835 $113,093
2024 $1,877 $147,970 $37,094 $110,876
2023 $1,841 $145,069 $36,367 $108,702
2022 $1,756 $142,225 $35,654 $106,571
2021 $1,729 $139,437 $34,955 $104,482
2019 $1,676 $135,303 $33,919 $101,384
2018 $1,635 $132,651 $33,254 $99,397
2016 $1,549 $127,502 $31,963 $95,539
2015 $1,526 $125,587 $31,483 $94,104
2014 $1,537 $123,128 $30,867 $92,261
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15169561

California Regional Multiple Listing Service (CRMLS)

APN: 2644-026-025