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$1,500,000   Price Analysis
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17326 Cantlay St
Van Nuys, CA 91406
7 bed 5 bath 2,823 SqFt ($531/SqFt)
0.24 acre lot. Built 1949
Listed 2024-06-12, Taxes $14,361
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Amazing investment opportunity locatd in the Valley.

This incredible property is in a except ional location and easy to manage. It features three separate structures on a large lot and each structure includes its own access point. Unit A is a one-story 3 bed + 2 bath with 1, 157 sq ft of living space, with access from the main street.

Unit B is a one-story 2 bed + 1 bath with 708 sq ft of living space, with access from the alley behind the home. Unit C is a two-story with 2 bed + 2 bath with 958 sq ft of living space with access from the alley behind the home. All 3 units are currently leased with long-term lease agreements.


Presented by Mehrdad Forutan at
Royal Rep Realty, Inc.


Property MLS #SR24118573 from CRMLS

Bedrooms: 7

Laundry Features: Gas Dryer Hookup, Inside, Outside

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 5

Lot Description: Back Yard
Lot Size Acres: 0.2437
Lot Size Source: Assessor
Lot Size Square Feet: 10614

Parking Total: 6

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2

Number of Units Leased: 3
Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 8400.00
Area: VN - Van Nuys
Source Neighborhood: VN - Van Nuys
Parcel Number: 2228016016
Postal Code Plus 4: 2403
Trash Expense: 12000.00
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$707,652 + $471,768
$1,179,420
$14,361
2021$693,777 + $462,518
$1,156,295
$14,183
2020$686,664 + $457,776
$1,144,440
$14,324
2019$673,200 + $448,800
$1,122,000
$13,765
2018$91,547 + $294,162
$385,709
$5,053
2017$89,752 + $288,395
$378,147
$4,947
2016$87,993 + $282,741
$370,734
$4,812
2015$86,672 + $278,494
$365,166
$4,746
2014$84,975 + $273,039
$358,014
$4,782
2013$78,100 + $251,900
$330,000
$4,459
2012$76,000 + $245,000
$321,000
$4,329
2010$81,307 + $261,252
$342,559
$3,838
2009$103,000 + $264,500
$367,500
$4,764
2009$55,000 + $225,000
$280,000
$4,764
2008$148,462 + $381,079
$529,541
$6,580
2007$145,551 + $373,607
$519,158
$6,369

Price Changed 2024-07-30
$1,500,000
CRMLS
Listed 2024-06-12
$1,580,000
CRMLS
Listing removed 2023-11-29
$0
TheMLSCLAW
Listed 2023-11-16
$1,550,000
TheMLSCLAW
Listing removed 2023-10-05
$0
CRMLS
Listing removed 2023-10-05
$0
CRMLS
Listed 2023-07-24
$1,649,000
CRMLS
Listed 2023-07-14
$1,649,000
CRMLS
Listing removed 2018-10-19
$700,000
CRISNET
Sold 2018-04-27
$1,150,000
TheMLSCLAW
Listed 2018-03-21
$1,150,000
TheMLSCLAW
Listing removed 2012-10-22
$700,000
CRISNET
Listed 2011-12-26
$700,000
CRISNET
Sold 2010-11-11
$340,000
SoCalMLS
Sold 2010-01-07
$340,000
Public Record
Relisted 2010-01-06
$287,100
SoCalMLS
Listing removed 2010-01-02
$287,100
SoCalMLS
Sold 2009-12-23
$287,100
CRISNET
Listed 2009-11-30
$287,100
SoCalMLS
Sold 2004-09-07
$499,000
Public Record
Sold 2001-04-09
$248,500
Public Record

Net Operating Income: 7000.00

Total Square Feet Living: 2823
Year Built: 1949
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 75
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 12000.00
Water Source: Public

Anatola Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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William Mulholland Middle School is a public middle school located approximately 0.7 miles away.
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The City School is a private elementary and middle school located approximately 0.1 miles away.
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Lake Balboa College Preparatory Magnet K-12 is a public elementary, middle and high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.