NOT LISTED FOR SALE

10037 Samoa Ave Tujunga, CA 91042

3 Beds
3 Baths
9,448 Sq Ft
0.33 Acres

Last Sold May 29, 2015

Last sale price $2,400,000 $254 Per Sq Ft

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.33 Acre Lot
  • Dual Staircase
  • Verdugo Hills Senior High School Rated A-
  • Open Floorplan
  • 2-minute walk to Little Landers Park

About This Home

As of May 2015

NO RENT CONTROL. The two story garden type stucco building was built in 1986. Great rental location. 18 Units with good mix..16 units 1 bedroom and 2 units of 2 bedroom. Each unit has its own meter. Community laundry room. Most units are upgraded with granite counters and vinyl flooring. 18 parking space where 4 are in covered space. Stable tenants. Outstanding buy. Email agent for set up or go to Loopnet. Seller motivated to do a 1031 Exchange.

Last Agent to Sell the Property

Marlene Cagatao

Coldwell Banker Hallmark Realty License #01034163 Listed on: 03/18/2015

Coldwell Banker Hallmark Realty

Last Buyer's Agent

Nshan Rubenian

Local Properties License #01398490

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 9,448 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • 18 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 167
  • Tax Tract Number 12
  • Assessor Parcel Number 2568007004

Community Details

Overview

  • No Home Owners Association
  • 18 Units
  • Maintained Community

Amenities

  • Laundry Facilities

Building Details

  • 18 Leased Units
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 18 Separate Water Meters
  • Electric Expense $4,000
  • Insurance Expense $5,100
  • Maintenance Expense $11,628
  • Other Expense $517
  • Supplies Expense $1,500
  • Trash Expense $2,000
  • Water Sewer Expense $4,900
  • New Taxes Expense $30,755
  • Gross Income $15,950
  • Net Operating Income $130,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.43
  • Other Phone Description: 8184509704
  • Other Phone Number: 818-434-6429
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • Supplies Expense: 1500.00
  • View: Yes
  • Water Sewer Expenses: 4900.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2568007004
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Copper Plumbing Full, Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 254.02
  • Room Type: All Bedrooms Down, All Bedrooms Up, Living Room

Exterior Features

  • Foundation: Slab, Concrete Perimeter
  • Exterior Features: Lighting
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 2000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Maintenance Grounds, Trash, Water
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: 16-20 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14259.00
  • Lot Size Acres: 0.3270

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 4000.00
  • Gross Income: 15950.00
  • Gross Multiplier: 12.50
  • Gross Scheduled Income: 191400.00
  • Insurance Expense: 5100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 14259.0000 Square Feet
  • Maintenance Expense: 11628.00
  • Net Operating Income: 130400.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 18
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Number With Range: 18
  • Operating Expense: 61000.00
  • Other Expense: 517.00
  • Other Expense Description: phone
  • Rent Control: No
  • Total Actual Rent: 15750.00

Tax Info

  • New Taxes Expense: 30755.00
  • Tax Lot: 167
  • Tax Tract Number: 12
  • Tax Year: 2014

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $2,400,000 0.0% $254 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $2,400,000 -- $254 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15049558

California Regional Multiple Listing Service (CRMLS)