NOT LISTED FOR SALE

10808 Sarah St Los Angeles, CA 91602

3 Beds
3 Baths
1,672 Sq Ft
5,050 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $1,305,000 $781 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Cooling Available
  • Toluca Lake Elementary School Rated A-
  • Front Porch
  • Bathtub with Shower

About This Home

As of October 2023

If you are looking for the smartest, most economical way to own a home in Toluca Lake, this property is the way to go! 10806-10808 Sarah St is made up of a charming front building containing 2 units (ideal for owner occupying), plus a brand new construction freestanding ADU that is rented for an outstanding $3,200! Live in the front unit (or units) while collecting rent from the back tenants to cover a huge chunk of your mortgage! Or rent out the whole thing for the best return you'll find in Toluca Lake.

10806 Sarah features a front duplex containing two fully renovated 1 bedroom, 1 bathroom units and a detached ADU that is 1 bedroom, 1 bathroom. Additionally, there is a garage that boasts potential to be converted into a 1 bedroom ADU (see photos for floorplans). With an ADU added, we are projecting the value of the property to jump up by $400,000, if not more! Enjoy other notable perks including: stainless steel appliances in the front units (owner will be adding), a large landscaped front yard, washers and dryer hook ups in all units, brand new solar panels for the ADU, well-designed open floor plans, 10ft vaulted ceilings, a brand new electrical panel, separate meters for all utilities (owner pays no utility costs!), and extreme desirability amongst renters for years to come!

With a major lack of new construction and renovated inventory under $2 million, this property is priced to sell fast at $1,315,000! Between the lack of inventory, charming residential neighborhood, and the major upside potential, this is an ideal newer construction property to act on ASAP!

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 09/15/2023

Last Buyer's Agent

Pablo Pomes

Provenio Realty and Investment License #01018038

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 5,050 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Back Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Cooling Available
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 6318
  • Assessor Parcel Number 2421031001
  • $225 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD1.5
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 2421031001
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1672.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 780.50
  • Room Type: All Bedrooms Down, Kitchen
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range, Refrigerator
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size: 5050
  • Lot Size Sq Ft: 5050.00
  • Lot Size Acres: 0.1159

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5050.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 1255.02
  • Tax Lot: 17
  • Tax Tract: 6318
  • Tax Tract Number: 6318
  • TaxOtherAnnualAssessmentAmount: 225.00

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
10/13/2023 10/13/23 Sold $1,305,000 -0.8% $781 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,315,000 -- $786 / 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: BB23171108

California Regional Multiple Listing Service (CRMLS)