NOT LISTED FOR SALE

van Nuys, CA 91405

Estimated Value: $1,256,000 - $1,759,000

10 Beds
6 Baths
3,882 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $660,000 $170 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,471/month

1 Day on Market

About This Home

As of February 2015

TWO STORY COMPLEX WITH FOUR CAR ATTACHED GARAGE. CENTRALLY LOCATED CLOSE TO TRANSPORTATION

Last Agent to Sell the Property

Joe Maes

EXCELLENCE RE REAL ESTATE License #00887576 Listed on: 02/10/2015

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA License #00000000

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,882 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1, 2
  • Tax Tract Number 12792
  • Assessor Parcel Number 2216027015

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $870
  • Insurance Expense $890
  • Maintenance Expense $2,200
  • Trash Expense $3,400
  • Water Sewer Expense $2,380
  • New Taxes Expense $125
  • Gross Income $4,200
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2380.00
  • Property Type: Residential Income
  • Parcel Number: 2216027015
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 170.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Trash Expense: 3400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1490

Multi Family

  • Electric Expense: 870.00
  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 890.00
  • Lot Size Area: 6500.0000 Square Feet
  • Maintenance Expense: 2200.00
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 450.00
  • Other Income Description: VACNT UNIT = $1300
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 125.00
  • Tax Lot: 1, 2
  • Tax Tract Number: 12792
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Ornelas Raul
Bought by
West Woodman Llc
Current Estimated Value
$1,431,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$616,251
Interest Rate
3.5%
Estimated Equity
$810,930

Purchase Details

Closed on
Sep 12, 2019
Sold by
Shermanwood Llc
Bought by
Ornelas Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$616,251
Interest Rate
3.5%
Estimated Equity
$810,930

Purchase Details

Closed on
Apr 13, 2018
Sold by
Stewart Samantha Gayle
Bought by
Shermanwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,000
Interest Rate
8.77%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2017
Sold by
Costabile Thomas
Bought by
Shermanwood Llc A Ca Llc

Purchase Details

Closed on
Jun 27, 2016
Sold by
Shermanwood Llc
Bought by
Shermanwood Llc

Purchase Details

Closed on
Mar 29, 2016
Sold by
Stewart Samantha
Bought by
Shermanwood Llc

Purchase Details

Listed on
Feb 10, 2015
Closed on
Jan 6, 2015
Sold by
Southeast Acqusitions Inc
Bought by
Stewart Samantha
Seller's Agent
Joe Maes
EXCELLENCE RE REAL ESTATE
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$406,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 18, 2003
Sold by
Carreno Jesus Manuel and Carreno Reina Hilda L
Bought by
Southeast Acquisitions Inc

Purchase Details

Closed on
Sep 24, 2002
Sold by
Castaneda Jose A
Bought by
Carreno Jesus Manuel

Purchase Details

Closed on
Jun 13, 2002
Sold by
Carreno Jesus Manuel and Carreno Reina Hilda L
Bought by
Castaneda Jose A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Woodman Llc -- Accommodation
Ornelas Raul $940,000 Fidelity National Title Co
Shermanwood Llc -- First American Title Company
Stewart Samantha Gayle -- First American Title Company
Shermanwood Llc A Ca Llc -- Accommodation
Shermanwood Llc -- Accommodation
Shermanwood Llc -- None Available
Stewart Samantha $660,000 Title 365
Southeast Acquisitions Inc $330,000 --
Carreno Jesus Manuel -- --
Castaneda Jose A -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Raul $705,000
Previous Owner Stewart Samantha Gayle $773,000
Previous Owner Stewart Samantha $406,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $660,000 -5.7% $170 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $699,900 -- $180 / 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 $12,722 $1,028,022 $612,440 $415,582
2024 $12,722 $1,007,866 $600,432 $407,434
2023 $12,482 $988,105 $588,659 $399,446
2022 $11,911 $968,731 $577,117 $391,614
2021 $11,752 $949,737 $565,801 $383,936
2020 $12,223 $946,000 $560,000 $386,000
2019 $11,408 $897,343 $527,598 $369,745
2018 $11,276 $879,866 $517,253 $362,613
2016 $8,734 $670,065 $406,100 $263,965
2015 $7,068 $530,229 $262,705 $267,524
2014 $7,129 $519,843 $257,559 $262,284
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joe Maes

    EXCELLENCE RE REAL ESTATE

    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    OUT OF AREA

    (646) 541-2551

    18 in this area

    6,237 Total Sales

    NoEmail NoEmail
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15030870

California Regional Multiple Listing Service (CRMLS)

APN: 2216-027-015

California Los Angeles County Van Nuys

91405

Not Listed for Sale

MultiFamily

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