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14019 Vanowen St, Los Angeles, CA 91405
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14019 Vanowen St Los Angeles, CA 91405

$2,690,000 Sold Price as of 10/14/2020
  • 16 Beds
  • 14 Baths
  • -- Sq.Ft.
Sold
$2,690,000 Sold Price as of 10/14/2020 Refinance Your Mortgage
Map preview of 14019 Vanowen St, Los Angeles, CA 91405

Property Overview: 14019 Vanowen St Los Angeles, CA has 16 bedrooms, 14 bathrooms, -- living square feet and 7,009 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present this brand new building located at 14019 Vanowen Street in Van Nuys, California. The property sits on 7,009 square feet of land with 7,841 square feet of building area and consists of all townhouse style units with the following unit mix: (1) - 2 bed / 2.5 bath, (1) - 3 bed / 3 bath, (1) -3 bed / 3.5 bath, (1) - 4 bed / 3 bath, and (1)- 4 bed / 3.5 bath units, with the smallest unit being 1,120 sf, largest being 2,027, and an average square footage of 1,621 ft. Furthermore, each unit gets their own private garage parking.The Seller received his Certificate of Occupancy earlier this year and recently completed the lease up all of the units. This building is now 100% occupied. In order to lease up the building quicker, the Seller rented these out slightly below market rents, therefore we are projecting an additional 7.2% upside in rents for the Buyer.

Listed by Filip Niculete | BRE #01905352 | Marcus & Millichap
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
7,009
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20613166
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,650
  • Total Rent: $3,650
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,450
  • Total Rent: $3,450
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.84
  • Gross Scheduled Income: --
  • Net Operating Income: $135,743
  • Gross Operating Income: $188,568
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 14019 Vanowen St

Lot Details / Garage and Parking
Property Information
  • Total # of Units: 5
  • Parcel Number: 2216014012
Location / Neighborhood
Location Information
  • Directions: Hazeltine & Vanowen
View more facts & features

Local Los Angeles Agent

Sale History for 14019 Vanowen St

Last sold for $2,690,000 on October 14th, 2020

  • October, 2020

  • Oct 14, 2020

    Date

    Sold

    CRMLS: 20613166

    $2,690,000

    Price

  • Sep 3, 2020

    Date

    Pending

    CRMLS: 20613166

    $2,690,000

    Price

  • Aug 3, 2020

    Date

    Active

    CRMLS: 20613166

    $2,690,000

    Price

Tax History for 14019 Vanowen St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

14019 Vanowen St sold on October 14, 2020 for 156.19% higher than the current median sold price for the city of Los Angeles which is $1,050,000.

About 14019 Vanowen St

Detailed summary of property

14019 Vanowen St is a multi family that recently sold in Los Angeles, CA 91405. This multi family property offered 16 bedrooms, 14 bathrooms, roughly -- living square feet, and sits on an approximately 7,009 square foot lot. 14019 Vanowen St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,690,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 156.19% higher than the current median priced home. Local homes that are currently for sale include 6400 Dix St, 12188 W Sunset Blvd and 12188 W Sunset Blvd. While the average home in Los Angeles, CA is selling in 97 days, 14019 Vanowen St has a days on market of 31 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 14019 Vanowen St Los Angeles, CA 91405 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 14019 Vanowen St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$493
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$500
Total Inventory
40
Median Sale to List Price %
100%
Avg Days on Market
13
Loan Type
Conventional (55.56%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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