NOT LISTED FOR SALE

Estimated Value: $1,083,000 - $1,160,000

6 Beds
3 Baths
2,313 Sq Ft
$487/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $1,000,000 $432 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,298/month

129 Days on Market

Highlights

  • Ceiling Fan
  • North Hollywood Senior High School Rated A
  • Floor Furnace

About This Home

As of December 2022

Investors delight in North Hollywood! Multi-unit property with 2400 sq ft and sitting on a lot just shy of 8000 sq ft. Located 5 minutes from the Burbank airport. This unique multi-unit property has three units featuring 2 bedrooms and 1 bath with their own private entrance and yard. There are 2 separate 2 car garages on the property as well. This property had its plumbing upgraded a few years ago with copper piping throughout and had all 3 kitchens renovated with brand new cabinets and quartz counter tops. In addition, there is space for future additions if wanted/needed. The current tenants have all been renting for the last 15 plus years and are currently on a month-to-month lease. If you are an experienced investor or a first-time investor you cannot go wrong with this property!

Last Agent to Sell the Property

Jorge Fernandez

Beverly and Company, Inc. License #02052284 Listed on: 06/24/2022

Beverly and Company, Inc.

Last Buyer's Agent

Amir Jawaherian

The Agency License #01899893

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,687

Year Built

  • Built in 1949

Lot Details

  • 7,817 Sq Ft Lot

Interior Spaces

  • 2,313 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2320-025-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,687

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2313
  • Lot Acreage: 0.1795
  • Year Built: 1949
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 486.38

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Floor Furnace
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 23.53
  • Assessed Improvement Value: 62056
  • Assessed Land Percent: 76.47
  • Assessed Land Value: 201721
  • Total Assessed Value: 263777
  • Assessor Parcel Number: 2320-025-021
  • Lot Size Area: 7817

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 50035.00
  • Number Of Units: 3
  • Total Annual Expense: 3967
  • Type Of Units: 2 bed 1 bath
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 1762.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Jawaherian Amir and Jawaherian Nazanin Nemati
Bought by
Jawaherian Investments Llc and Quest Consulting Group Llc
Current Estimated Value
$1,126,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$923,639
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$208,711

Purchase Details

Closed on
Oct 19, 2023
Sold by
Javaherian Investment Llc
Bought by
Jawaherian Investments Llc

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jan 20, 2023
Sold by
Jawaherian Amir and Jawaherian Nazanin Nemati
Bought by
Javaherian Investment Llc
Seller's Agent
Jorge Fernandez
Beverly and Company, Inc.
Buyer's Agent
Amir Jawaherian
The Agency
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%

Purchase Details

Listed on
Jun 24, 2022
Closed on
Oct 31, 2022
Sold by
Miguel And Natalia Hernandez Family Livi
Bought by
Jawaherian Amir and Pour Nazanin Nemati
Seller's Agent
Jorge Fernandez
Beverly and Company, Inc.
Buyer's Agent
Amir Jawaherian
The Agency
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2017
Sold by
Hernandez Miguel
Bought by
Hernandez Miguel and Hernandez Natalia

Purchase Details

Closed on
Apr 21, 1995
Sold by
Garcia Manuel and Garcia Natividad
Bought by
Hernandez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
8.43%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jawaherian Investments Llc -- Fidelity National Title
Jawaherian Investments Llc -- None Listed On Document
Javaherian Investment Llc -- --
Jawaherian Amir $1,000,000 First American Title
Hernandez Miguel -- None Available
Hernandez Miguel $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jawaherian Investments Llc $4,000,000
Previous Owner Jawaherian Amir $800,000
Previous Owner Hernandez Miguel $113,150
Previous Owner Hernandez Miguel $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $1,000,000 -11.1% $432 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $1,125,000 -4.3% $486 / Sq Ft
06/24/2022 06/24/22 For Sale $1,175,000 -- $508 / Sq Ft
Source: The MLS

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
2024 $12,687 $1,020,000 $714,000 $306,000
2023 $12,444 $1,000,000 $700,000 $300,000
2022 $3,579 $269,052 $205,755 $63,297
2021 $3,525 $263,777 $201,721 $62,056
2019 $3,427 $255,955 $195,739 $60,216
2018 $3,295 $250,937 $191,901 $59,036
2016 $3,131 $241,195 $184,450 $56,745
2015 $3,088 $237,573 $181,680 $55,893
2014 $3,118 $232,921 $178,122 $54,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-158447

The MLS

APN: 2320-025-021