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Sold for $1,320,000 · Sep 2019

SOLD

Listed at $1,345,000

Sold

14770 Erwin Street, Van Nuys, CA 91411

Van Nuys, CA

MLS# SR19204715

6,672 Sq Ft • Apartment
15 days on market

Listing Agent

Amir Ladjevardi

Listing Agent

White House Properties

DRE #: 00937385

Brokerage: White House Properties

Property Details

N/A

Bedrooms

N/A

Bathrooms

6,672 sqft

Square Feet

1962

Year Built

7,503 sqft

Lot Size

$198

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

We are pleased to present well maintained 8 units building with at least 35% below market rents. Subject property is located in a very strong rental area of Van Nuys. The units have very low rents and therefore never a vacancy, Some units have balconies. Newer sewer line with 10 years warranty, 3 year old roof at the cost of $26,000 with warranty. Long driveway was resurfaced last year. Laundry room in the building, Please note this is a rent control building with Tucked under parking which requires soft retrofitting. Solid rental area and close to all. It is close proximity to all and provide lots of convenience to tenants. This building offers very low price/unit and low cost per square footage, A great investment property. PLEASE DIVE BY ONLY . Will not last. plenty of upside in rent . Ideal exchange property.

Listing description from the September 2019 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2

Sale history for 14770 Erwin Street

2 recorded sales

$1,320,000
Sold September 2019 · listed $1,345,000, on market August 2019, 15 days on market · MLS #SR19204715 · Source: CRMLS
Listing Agent: Amir Ladjevardi · Listing Office: White House Properties · Contact: 818-501-7100 · Bought with: Karla Cisneros · Nansco Management Inc.
$1,499,000
Sold March 2018 · on market December 2017, 17 days on market · MLS #17297076 · Source: CRMLS
Listing Agent: Steven B. Mesbah · Listing Office: Rodeo Realty - Beverly Hills · Contact: 310-724-7100 · Bought with: Steven B. Mesbah · Rodeo Realty - Beverly Hills

How this sale compares

14770 Erwin Street sold for $1,320,000 in September 2019, 1.9% under its $1,345,000 list price, after 15 days on the market. Across 64 closed sales in 91411 over the last 12 months, the median sold price is $1,187,500 and the median is $690 per square foot.

$690
91411 median per sq ft (12 mo)
$1,187,500
91411 median sold price (12 mo)
64
Closed sales in 91411 (12 mo)
15
Days on market
−1.9%
Sold vs. list price
QuarterClosed sales in 91411Median sold price
Q1 20265$1,030,000
Q2 202630$1,172,500
Q3 202620$1,247,000
Q4 20269$1,123,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Van Nuys · Homes for sale in 91411

Recent sales near 14770 Erwin Street

Closed sales reported in 91411, nearest first, last 12 months. All recent sales in Van Nuys →

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