NOT LISTED FOR SALE

14021 Victory Blvd Unit B van Nuys, CA 91401

Valley Glen Neighborhood

Estimated Value: $1,071,000 - $1,320,000

3 Beds
3 Baths
1,792 Sq Ft
$667/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $630,000 $352 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,897/month

37 Days on Market

Highlights

  • No HOA
  • Van Nuys High School Rated A
  • Laundry Room

About This Home

As of January 2018

Triplex For Sale in Van Nuys! A great business opportunity for investors. Sits on a large 5k sqft lot with currently 5 parking spots. Potentially more parking spots could be produced if layout is changed. Front unit is a 2 bed/1 bath house that is detached from back unit except for a small section where the roofing is touching. No Shared Walls. Front unit also has washer/dryer hookups. All units have full kitchen.

Last Listed By

David Truong

Circa Properties, Inc. License #01922004 Listed on: 09/19/2017

Circa Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,681

Year Built

  • Built in 1942

Lot Details

  • 5,000 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 5 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 8
  • Tax Tract Number 4601
  • Assessor Parcel Number 2238025007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $30,600
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,681

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2238025007
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 351.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 30600.00
  • Gross Scheduled Income: 30600.00
  • Net Operating Income: 30600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Rent Control: No
  • Total Actual Rent: 2550.00

Tax Info

  • Tax Census Tract: 1281.01
  • Tax Lot: 8
  • Tax Tract Number: 4601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Feb 19, 2018
Sold by
Bakic Evelyn C and Bakic Branko
Bought by
Bakic Evelyn C and Bakic Branko
Seller's Agent
David Truong
Circa Properties, Inc.
Buyer's Agent
Sebastian Claeys
West Shores Realty, Inc.
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Total Days on Market
37
Current Estimated Value
$1,195,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,732
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Nov 21, 2017
Sold by
Dang Tuyen Thi Thanh
Bought by
Truong Derick D and Truong Derick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2017
Sold by
Truong Derick D
Bought by
Bakic Evelyn and Bakic Branko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2008
Sold by
Dang Thuy Thanh and Truong Derick D
Bought by
Truong Derick D

Purchase Details

Closed on
Oct 8, 2007
Sold by
Dang Thuy Thanh
Bought by
Dang Thuy Thanh and Truong Derick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 24, 2000
Sold by
Du Yen Hong
Bought by
Dang Thuy Thanh

Purchase Details

Closed on
Aug 15, 2000
Sold by
Dang Thuy Thanh
Bought by
Du Yen Hong

Purchase Details

Closed on
Jan 22, 1999
Sold by
Tao Chi Ngo
Bought by
Dang Thuy Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.63%

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
Bakic Evelyn C -- None Available
Truong Derick D -- None Available
Bakic Evelyn $630,000 Nationwide Title Clearing
Truong Derick D -- None Available
Dang Thuy Thanh -- United Title Company S D
Dang Thuy Thanh -- --
Du Yen Hong -- --
Dang Thuy Thanh -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakic Evelyn C $587,000
Previous Owner Bakic Evelyn $598,500
Previous Owner Dang Thuy Thanh $330,000
Previous Owner Dang Thuy Thanh $330,000
Previous Owner Dang Thuy Thanh $50,000
Previous Owner Dang Thuy Thanh $250,000
Previous Owner Dang Thuy Thanh $200,000
Previous Owner Dang Thuy Thanh $200,000
Previous Owner Dang Thuy Thanh $30,000
Previous Owner Dang Thuy Thanh $170,000
Previous Owner Dang Thuy Thanh $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2018 01/23/18 Sold $630,000 -3.1% $352 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $650,000 -7.0% $363 / Sq Ft
09/19/2017 09/19/17 For Sale $699,000 -- $390 / 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
2024 $14,681 $1,196,460 $478,584 $717,876
2023 $14,396 $1,173,000 $469,200 $703,800
2022 $8,194 $675,484 $407,435 $268,049
2021 $8,090 $662,241 $399,447 $262,794
2020 $8,170 $655,452 $395,352 $260,100
2019 $7,850 $642,600 $387,600 $255,000
2018 $3,547 $284,715 $112,561 $172,154
2016 $3,374 $273,661 $108,191 $165,470
2015 $3,325 $269,551 $106,566 $162,985
2014 $3,353 $264,272 $104,479 $159,793
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17213582

California Regional Multiple Listing Service (CRMLS)

APN: 2238-025-007