Seller's Agent in 2019
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
5 in this area
108 Total Sales
10742 Sarah St North Hollywood, CA 91602
Estimated Value: $1,218,000 - $1,512,947
3
Beds
3
Baths
2,448
Sq Ft
$567/Sq Ft
Est. Value
Highlights
- Property is near a park
- Private Yard
- Beamed Ceilings
- Wood Flooring
- No HOA
- Walk-In Pantry
About This Home
As of December 201910742 Sarah St, a charming triplex in the highly desirable neighborhood of Toluca Lake! Situated in a peaceful residential area minutes from the trendy NoHo Arts District, these units have historically attracted A+++ tenants at peak rents within days on the rental market.
10742 Sarah boasts a phenomenal cap rate of 4.31% and will be delivered with one unit vacant! Additionally, with a pro forma cap rate of 5.35%, this gorgeous triplex has strong upside.
Currently owned by a retired contractor, the owner has put substantial time, money and effort into pridefully maintaining this gorgeous triplex. The property boasts: new copper plumbing all the way to the street installed in 2012/2013, a new roof as of 5 years ago, an expansive downstairs “owner’s unit” that has an ornate coffered ceiling, a private covered patio, and countless closets and storage spaces, and a newly renovated upstairs unit that tastefully incorporates the 1950’s retro style. All units come with their own full, private laundry rooms and 2-car tandem parking (6 total). The property also features 1 single car garage and 1 half garage in the rear, which the ownership uses for their own personal storage. If rented out, this could bring in additional income and boost the property’s return!
Last Agent to Sell the Property
Myunits.com Inc. License #01921425 Listed on: 09/23/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,201
Year Built
- Built in 1950
Lot Details
- 5,002 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Rectangular Lot
- Level Lot
- Flag Lot
- Front Yard Sprinklers
- Private Yard
- Value in Land
Parking
- 6 Open Parking Spaces
- 1 Car Garage
Home Design
- Property Attached
- Copper Plumbing
Interior Spaces
- 2,448 Sq Ft Home
- Beamed Ceilings
- Living Room
- Storage
Kitchen
- Walk-In Pantry
- Freezer
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 6318
- Assessor Parcel Number 2421031007
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $975
- Maintenance Expense $1,200
- Water Sewer Expense $1,350
- New Taxes Expense $12,892
- Operating Expense $17,377
- Gross Income $66,063
- Net Operating Income $47,365
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2019
Sold by
Finder Michael P and Margaret V Finder Revocable Li
Bought by
Freedman Robert and Freedman Kelly A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Freedman Robert | $1,075,000 | Provident Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Freedman Robert | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2019 12/27/19 | Sold | $1,075,000 | -2.3% | $439 / Sq Ft |
| 11/22/2019 11/22/19 | Pending | -- | -- | -- |
| 10/09/2019 10/09/19 | For Sale | $1,100,000 | 0.0% | $449 / Sq Ft |
| 09/30/2019 09/30/19 | Pending | -- | -- | -- |
| 09/23/2019 09/23/19 | For Sale | $1,100,000 | -- | $449 / 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 | $14,201 | $1,175,665 | $765,550 | $410,115 |
| 2024 | $14,201 | $1,152,614 | $750,540 | $402,074 |
| 2023 | $13,926 | $1,130,015 | $735,824 | $394,191 |
| 2022 | $13,278 | $1,107,859 | $721,397 | $386,462 |
| 2021 | $13,112 | $1,086,137 | $707,252 | $378,885 |
| 2020 | $13,245 | $1,075,000 | $700,000 | $375,000 |
| 2019 | $1,101 | $64,557 | $23,708 | $40,849 |
| 2018 | $1,020 | $63,293 | $23,244 | $40,049 |
| 2016 | $948 | $60,838 | $22,343 | $38,495 |
| 2015 | $938 | $59,925 | $22,008 | $37,917 |
| 2014 | $962 | $58,752 | $21,577 | $37,175 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddox
-
Ian Maddox
I
Seller Co-Listing Agent in 2019
Ian Maddox
Myunits.com Inc.
(818) 859-7242
2 in this area
67 Total Sales
-
Reid Kaplan
Buyer's Agent in 2019
Reid Kaplan
RE/MAX
(310) 883-8921
1 in this area
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB19226352
APN: 2421-031-007
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.
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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