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OFF MARKET: PUBLIC RECORD

5517 Corteen Pl Valley Village, CA 91607 (North Hollywood)

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  • Multi-Family Home
  • 18 Bedrooms
  • 16 full Bathrooms
  • 8,320 sqft
  • Lot size: 0.28 acres
  • Built in 1989
  • Provided By:
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Property Details for 5517 Corteen Pl


Sold > CA > Valley Village > 91607 > North Hollywood > 5517 Corteen Pl
This property is no longer available to rent or buy. This description is from April 17, 2012
PLEASE DO NOT GO ON SITE OR DISTURB THE TENANTS. The Corteen Place Apartments is an 8-unit apartment community consisting of twin four-unit buildings. Each building contains a unit mix of two units that are two-bedrooms with two bathrooms, a two- bedroom with two-bathroom townhouse, and a three-bedroom two-bathroom townhouse. Each property has covered parking with two side-by-side parking spaces for each unit. The property was constructed in 1989 and is owned by the original developer. The property is not subject to rent control ordinances. One of the buildings has a laundry room, and t...he building owns the machines. Each unit has a separate water heater as well as central heat and air and a balcony or deck. The rents are below market averaging $1.43 per square foot, and through some light capital improvements (exterior painting and landscaping, as well as unit upgrades such as wood or laminate flooring and tiled kitchens and bathrooms) a new owner will possibly be able to significantly increase rental rates.\r\n\r\nValley Village is a district of Los Angeles located in the San Fernando Valley, just north of Studio City, west and south of North Hollywood, and east of Sherman Oaks. Brokered And Advertised By: Hendricks & Partners Listing Agent: Michael McKinney
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5517 Corteen Pl Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Apartment house (5+ units)
    • 8,320 sqft
    • A/C: Central
    • Tax Rate Code Area: 0-013
    • 18 Bedrooms
    • Lot Size: 0.28 acres
    • 8 Units
    • 16 Bathrooms
    • Built In 1989
    • County: Los Angeles

Home Expenses For 5517 Corteen Pl


Property Taxes and Assessment of 5517 Corteen Pl


Land
Improvement
Total
$1,144,258
+
$624,141
=
$1,768,399
Year Tax Assessment Market
2016 $22,369 $1,768,399  N/A
Source: Public Records

Price History & Trends


Price History for 5517 Corteen Pl


Date Event Price Source Agents
07/31/2012 Sold view detail $1,700,000 Public records Public records  
  • Recording Date
    07/31/2012
  • Contract Date
    07/10/2012
  • Sale Price
    $1,700,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $7,650
  • County Transfer Tax
    $1,870
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Grant Deed

Real Estate Trends in this area

Average listing price for similar homes $2,526,700 49% above listing price
Median sale price for all homes in this area $550,000 0% below listing price

Sold Homes near 5517 Corteen Pl


Address Distance Property Type Sold price Sold date Bed Bath Sqft
367 N Flores St, Los Angeles CA 6.66 Multi-Family $1,980,000 10/17/16 4 2 3,072
164 S Mansfield Ave, Los Angeles CA 7.72 Multi-Family $1,977,500 11/10/16 6 4 5,162
3810 Wilshire Blvd #1404, Los Angeles CA 9.26 Multi-Family $2,454,545 07/13/16 2 2 1,010
644 N Harvard Blvd, Los Angeles CA 8.27 Multi-Family $3,395,000 07/28/16 2 2 1,854
6248 Winans Dr, Los Angeles CA 6.02 Multi-Family $1,900,000 11/30/16 3 3 2,565
104 N Harper Ave, Los Angeles CA 6.93 Multi-Family $2,480,000 08/01/16 6 4 4,121
8808 Langdon Ave, North Hills CA 5.61 Multi-Family $2,350,000 12/20/16 - 12 11,070
435 N Ogden Dr, Los Angeles CA 6.79 Multi-Family $2,099,000 09/09/16 8 4 5,318
348 N Orange Dr, Los Angeles CA 7.32 Multi-Family $2,750,000 08/04/16 6 4 5,119
8822 Rangely Ave, West Hollywood CA 6.37 Multi-Family $3,000,000 08/29/16 3 4 2,754