D
Seller's Agent in 2021
Diane Eaton
Exclusive Estate Properties Inc
(818) 512-0498
1 Total Sale
10526 Riverside Dr Toluca Lake, CA 91602
Estimated Value: $1,526,000 - $2,279,000
5
Beds
4
Baths
3,150
Sq Ft
$617/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Laundry Room
- Front Yard
- No HOA
- Floor Furnace
About This Home
As of October 2021Investment properties in this prime location rarely come on the market. This corner lot, R-3 zoned, Toluca Lake fourplex has been in one family for over 40 years. Walk to the Aeirloom Bakery for breakfast, Trader Joe’s and all the great eateries are just down the block. Universal and Warner Bros Studios are nearby and Hollywood is just over the hill. This is a golden opportunity for an owner-user or investor to own a clean four-unit property AND achieve market rents from day one! Recently painted and refreshed, three of the four units are being delivered vacant. Lushly planted with pleasant views from dual pane windows, pride of ownership is evident. Owner users can purchase this property with a low down payment!
There are 3 one-bedroom units and 1 two-bedroom unit plus 4 one-car garage spaces.
Units are separately metered for gas and electricity.
The units offer spacious floor plans with hardwood floors, oven-ranges, plenty of storage, and wall-unit air conditioning and all the charm that comes only with a property built in the 1940’s.
Nearby 134, 101 and 170 freeways let you travel wherever you want to go.
How many times have you heard “Location, Location, Location?” This is it!
Last Agent to Sell the Property
Exclusive Estate Properties Inc License #00641108 Listed on: 09/14/2021
Last Buyer's Agent
EDWIN ORDUBEGIAN
PRUDENTIAL CALIFORNIA REALTY
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,274
Year Built
- Built in 1941
Lot Details
- 5,962 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,150 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Floor Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 24
- Tax Tract Number 10619
- Assessor Parcel Number 2424002024
- $531 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $717
- Fuel Expense $244
- Gardener Expense $1,925
- Insurance Expense $1,695
- Maintenance Expense $5,000
- Other Expense $27,149
- Professional Management Expense $8,386
- Water Sewer Expense $2,560
- Operating Expense $47,854
- Gross Income $65,990
- Net Operating Income $18,136
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2021
Closed on
Oct 6, 2021
Sold by
Johnson Wayne Frederick and The Judith I Coates Living Tru
Bought by
Boghossian Nubar P and Boghossian Alin
Seller's Agent
Diane Eaton
Exclusive Estate Properties Inc
Buyer's Agent
EDWIN ORDUBEGIAN
PRUDENTIAL CALIFORNIA REALTY
List Price
$1,595,000
Sold Price
$1,650,000
Premium/Discount to List
$55,000
3.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,268
Avg. Annual Appreciation
4.15%
Purchase Details
Listed on
Sep 14, 2021
Closed on
Sep 30, 2021
Sold by
Judith I Coates Living Trust
Bought by
Boghossian Family Trust and Boghossian
Seller's Agent
Diane Eaton
Exclusive Estate Properties Inc
Buyer's Agent
EDWIN ORDUBEGIAN
PRUDENTIAL CALIFORNIA REALTY
List Price
$1,595,000
Sold Price
$1,650,000
Premium/Discount to List
$55,000
3.45%
Purchase Details
Closed on
Jul 31, 2018
Sold by
Coates Judith I
Bought by
Coates Judith I and The Judith I Coates Living Tru
Purchase Details
Closed on
Jun 24, 2003
Sold by
Coates Judith I
Bought by
Coates Judith I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2000
Sold by
Coates Harold E and Coates Judith
Bought by
Coates Harold and Coates Judith
Purchase Details
Closed on
Jan 6, 2000
Sold by
Coates Harold E and Coates Judith
Bought by
Coates Harold and Coates Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,250
Interest Rate
7.72%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boghossian Nubar P | $1,650,000 | California Best Title Co | |
| Boghossian Family Trust | $1,650,000 | New Title Company Name | |
| Coates Judith I | -- | None Available | |
| Coates Judith I | -- | -- | |
| Coates Harold | -- | Old Republic Title | |
| Coates Harold | -- | Benefit Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Coates Judith I | $263,000 | |
| Previous Owner | Coates Harold | $256,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2021 10/14/21 | Sold | $1,650,000 | 0.0% | $524 / Sq Ft |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- |
| 09/24/2021 09/24/21 | Off Market | $1,650,000 | -- | -- |
| 09/14/2021 09/14/21 | For Sale | $1,595,000 | -- | $506 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,274 | $1,750,992 | $1,167,328 | $583,664 |
| 2024 | $21,274 | $1,716,660 | $1,144,440 | $572,220 |
| 2023 | $20,857 | $1,683,000 | $1,122,000 | $561,000 |
| 2022 | $19,878 | $1,650,000 | $1,100,000 | $550,000 |
| 2021 | $14,543 | $1,185,151 | $824,453 | $360,698 |
| 2019 | $2,182 | $140,514 | $74,128 | $66,386 |
| 2018 | $2,129 | $137,760 | $72,675 | $65,085 |
| 2016 | $2,008 | $132,411 | $69,853 | $62,558 |
| 2015 | $1,985 | $130,423 | $68,804 | $61,619 |
| 2014 | $2,019 | $127,869 | $67,457 | $60,412 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Eaton
-
E
Buyer's Agent in 2021
EDWIN ORDUBEGIAN
PRUDENTIAL CALIFORNIA REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21200924
APN: 2424-002-024
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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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