Sold for $1,325,000

Listed by: Compass • Shira Dunn • Contact: 818-399-8818

Bought with: Keller Williams Encino/Sherman Oaks

$1,325,000

6960 Encino Ave, Van Nuys, CA 91406

5beds

2baths

1,914sqft

Multi Family

Built in 1951

-- sqft lot

$1,255,500 Zestimate^®

$692/sqft

$3,368 Estimated rent

Home value

$1,255,500

$1.18M - $1.34M

$3,368/mo

Zestimate^® history

Owner options

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$3,368/mo

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$3,368/mo

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$8,385/mo

Est. payment

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$8,385/mo

Est. payment

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What's special

Beautiful house with a guest house. fully renovated and and cash flowing from AIRBNB! Property was redone: Electric panel upgrade, new roof, new AC, new kitchen, flooring and more!! HUGE lot 0.26 ACRES! with an option to convert the garage to an additional third unit. This huge lot offers plenty of additional options and opportunities to increase income options.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Appliances

Included: Dryer, Washer

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,914
Total interior livable area: 1,914 sqft

Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Features

Entry location: main
Pool features: None

Lot

Size: 0.26 Acres
Features: 0-1 Unit/Acre

Details

Parcel number: 2229005001
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Park

Location

Region: Van Nuys

Financial & listing details

Price per square foot: $692/sqft
Tax assessed value: $1,351,500
Annual tax amount: $16,448
Date on market: 8/12/2023
Cumulative days on market: 147 days
Listing terms: Cash,Conventional,Cal Vet Loan,1031 Exchange

Price history

Date	Event	Price
12/5/2023	Sold	$1,325,000+1.9%$692/sqft
Source: CRMLS #SR23150376 Report a problem
11/6/2023	Pending sale	$1,300,000$679/sqft
Source: CRMLS #SR23150376 Report a problem
9/27/2023	Listed for sale	$1,300,000$679/sqft
Source: CRMLS #SR23150376 Report a problem
8/19/2023	Contingent	$1,300,000$679/sqft
Source: CRMLS #SR23150376 Report a problem
8/12/2023	Listed for sale	$1,300,000+44.1%$679/sqft
Source: CRMLS #SR23150376 Report a problem
7/8/2022	Sold	$902,000+6.1%$471/sqft
Source: Public Record Report a problem
6/13/2022	Pending sale	$850,000$444/sqft
Source: CRMLS #SR22105878 Report a problem
6/10/2022	Listed for sale	$850,000$444/sqft
Source: CRMLS #SR22105878 Report a problem
6/6/2022	Pending sale	$850,000$444/sqft
Source: CRMLS #SR22105878 Report a problem
6/3/2022	Listed for sale	$850,000$444/sqft
Source: CRMLS #SR22105878 Report a problem
5/31/2022	Pending sale	$850,000$444/sqft
Source: CRMLS #SR22105878 Report a problem
5/22/2022	Listed for sale	$850,000+123.7%$444/sqft
Source: CRMLS #SR22105878 Report a problem
8/20/2008	Sold	$380,000+29.6%$199/sqft
Source: Public Record Report a problem
7/18/2008	Sold	$293,300-54.2%$153/sqft
Source: Public Record Report a problem
5/26/2006	Sold	$640,000+228.2%$334/sqft
Source: Public Record Report a problem
5/14/1999	Sold	$195,000$102/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,448 +0.7%	$1,351,500 +2%
2024	$16,338 +45.1%	$1,325,000 +46.9%
2023	$11,261 +6.9%	$902,000 +95.6%
2022	$10,539 +83.5%	$461,113 +2%
2021	$5,742 -0.9%	$452,072 +1%
2020	$5,796	$447,437 +2%
2019	$5,796 +6.8%	$438,665 +2%
2018	$5,427	$430,064 +2%
2017	$5,427 +2.2%	$421,632 +2%
2016	$5,310 +2.3%	$413,366 +1.5%
2015	$5,191 +0.9%	$407,158 +2%
2014	$5,142	$399,183 +2.5%
2012	--	$389,589 +2%
2011	--	$381,951 +0.8%
2010	--	$379,098 -0.2%
2009	--	$380,000 -13.3%
2008	--	$438,400 -32.8%
2007	--	$652,800 +114.5%
2006	--	$304,320
2005	--	$304,320 +4%
2004	--	$292,505 +32.8%
2003	--	$220,285 +2%
2002	--	$215,966 +8.6%
2000	--	$198,900