$1,499,000

Estimated payment $8,798/month

Total Views 1,178
5 Beds
4 Baths
3,068 Sq Ft
$489 Price per Sq Ft

Highlights

  • Fireplace in Bathroom
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • No HOA
  • Tile Countertops

About This Home

Charming four unit appartment in the heart of Toluca Lake. Each unit has its own private garage. Pride of ownership with long term tenants.Enjoy the iconic village shops and restaurants and eknjoy the tree lined streets past the estates that make Toluca Lake famous.

Listing Agent

Michael Alley

Ramsey-Shilling Assoc. Brokerage Email: mail.mdalley@gmail.com License #00873252 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,224

Year Built

  • Built in 1952

Lot Details

  • 5,500 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Apartment
  • Raised Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 10619
  • Assessor Parcel Number 2424003007
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Fuel Expense $1,200
  • Gardener Expense $3,600
  • Insurance Expense $1,617
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,224
  • Operating Expense $17,271
  • Gross Income $59,772
  • Net Operating Income $42,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,224

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 374750
  • Property Attached: Yes
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 2424003007
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters, Unfurnished
  • Stories: 2
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 488.59
  • Room Type: Kitchen

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1263

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 1200.00
  • Gross Income: 59772.00
  • Gross Multiplier: 25.00
  • Gross Scheduled Income: 59772.00
  • Insurance Expense: 1617.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 231.00
  • Lot Size Area: 5500.0000 Square Feet
  • Net Operating Income: 42501.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 17271.00
  • Rent Control: Yes
  • Total Expenses: 17271.00

Tax Info

  • New Taxes Expense: 6224.00
  • Tax Lot: 32
  • Tax Tract Number: 10619
  • Tax Annual Amount: 6224.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,224 $470,289 $230,438 $239,851
2024 $6,224 $461,069 $225,920 $235,149
2023 $6,106 $452,030 $221,491 $230,539
2022 $5,825 $443,168 $217,149 $226,019
2021 $5,735 $434,480 $212,892 $221,588
2020 $5,694 $430,026 $210,710 $219,316
2019 $5,484 $421,595 $206,579 $215,016
2018 $5,400 $413,329 $202,529 $210,800
2016 $5,142 $397,280 $194,665 $202,615
2015 $5,071 $391,313 $191,741 $199,572
2014 $5,112 $383,649 $187,986 $195,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $1,499,000 -- $489 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- Hahn & Hahn Llp
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Gift Deed -- Lawyers Title Company
Grant Deed $300,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,000 New Conventional
Previous Owner $220,650 Purchase Money Mortgage
Previous Owner $224,000 No Value Available
Previous Owner $239,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25127040

California Regional Multiple Listing Service (CRMLS)

APN: 2424-003-007