NOT LISTED FOR SALE

10230 Fernglen Ave Los Angeles, CA 91042

Tujunga Neighborhood
9 Beds
7 Baths
3,965 Sq Ft
9,633 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $1,475,000 $372 Per Sq Ft

53 Days on Market

Highlights

  • Hiking Trails
  • Laundry Room
  • Rectangular Lot
  • Verdugo Hills Senior High School Rated A-
  • Mountainous Community

About This Home

As of February 2021

We are pleased to present 10230 Fernglen Avenue, a 7-unit apartment building in Tujunga, CA. First time on the market in almost 20 years, 10230 Fernglen Avenue is comprised of three (3) 2-bedroom 1-bathroom, three (3) 1-bedroom 1-bathroom, and one (1) studio units for a total living area of 3,965 sqft, situated on a large 9,633 sqft lot. The owner has made some updates throughout the units. The 2-bedroom units feature new windows and all but two of the units have been upgraded to copper plumbing. The back 1-bedroom has been remodeled throughout. The studio unit was fully remodeled, featuring tile flooring in the bathroom and laminate flooring in the living area and kitchen, fresh paint, wall A/C, new light fixtures, new vanity, new toilet, new medicine cabinet, new toilet in the shower enclosure, new cabinets in the kitchen, new granite counter tops in the kitchen and new ceiling fan in the living area and a new stove. 10230 Fernglen Ave is located in a quiet residential neighborhood with a walk score of 77. The property is also in close proximity to North Hollywood, Burbank, the Hollywood Burbank Airport, Angeles National Golf Course, the Hansen Dam Golf Course and Aquatic Center, Universal Studios, Hollywood, Warner Brother Studios, Walt Disney Studios, and the Los Angeles Zoo. This is a unique opportunity to for an owner-user and investor alike to acquire income property in a sought-after area of Los Angeles County with minimal inventory.

Last Agent to Sell the Property

Nico Rosmarin

Lyon Stahl Investment Real Estate, Inc. License #02023847 Listed on: 11/09/2020

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Susan Gasparyan

JohnHart Real Estate License #01480520

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 9,633 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Density is 6-10 Units/Acre

Home Design

  • 3,965 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Listing and Financial Details

  • Tax Lot 3507
  • Tax Tract Number 3949
  • Assessor Parcel Number 2558024019

Community Details

Overview

  • 7 Units
  • Mountainous Community

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,388
  • Maintenance Expense $3,500
  • Professional Management Expense $4,682
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $18,982
  • Operating Expense $33,651
  • Gross Income $96,536
  • Net Operating Income $59,989

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Professional Management Expense: 4682.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2558024019
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 372.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 9633.00
  • Lot Size Acres: 0.2211

Multi Family

  • Gross Income: 96536.00
  • Gross Scheduled Income: 96536.00
  • Insurance Expense: 1388.00
  • Lot Size Area: 9633.0000 Square Feet
  • Maintenance Expense: 3500.00
  • Net Operating Income: 59989.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 33651.00
  • Rent Control: Yes
  • Total Expenses: 33651.00

Tax Info

  • New Taxes Expense: 18982.00
  • Tax Census Tract: 1012.10
  • Tax Lot: 3507
  • Tax Tract Number: 3949

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 Change Sq Ft Price
02/23/2021 02/23/21 Sold $1,475,000 -1.7% $372 / Sq Ft
11/09/2020 11/09/20 For Sale $1,500,000 -- $378 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nico Rosmarin

    Seller's Agent in 2021

    Nico Rosmarin

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    1 in this area

    20 Total Sales

    Nico Rosmarin
    Section Image
  • Susan Gasparyan

    Buyer's Agent in 2021

    Susan Gasparyan

    JohnHart Real Estate

    (818) 425-3540

    1 in this area

    12 Total Sales

    Susan Gasparyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20236356

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 91042 Tujunga

10230 Fernglen Ave, Los Angeles, CA

This home is located at 10230 Fernglen Ave, Los Angeles, CA 91042 since 09 November 2020. This property was built in 1953. 10230 Fernglen Ave is a home located in Los Angeles County with nearby schools including Pinewood Avenue Elementary School, Mt. Gleason Middle School, and Verdugo Hills Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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