NOT LISTED FOR SALE
3 Beds
4 Baths
17,541 Sq Ft
0.38 Acres Lot

Sale Details

Date Sold: May 7, 2025

Last sale price $9,750,000 $556 Per Sq Ft

21 Days on Market

Highlights

  • 0.38 Acre Lot
  • Forced Air Heating and Cooling System
  • 3-minute walk to Wilson Mini Park
  • No HOA

About This Home

As of May 2025

Welcome to 1140-1142 Stanley Ave. * 23 Well Kept Units * 9 Large 2Bed/2Bath * 13 Large 1Bed/1Bath * 1 Single * 1984 Built * All Have Central A/C & Heat * Community Laundry * Some Units Have Private Patios * 35 Parking Spaces

Last Agent to Sell the Property

Artin Sarkissian

The Art In Real Estate Brokerage Phone: 818-437-2433 License #01722942 Listed on: 03/04/2025

Co-Listed By

Arthur Mangassarian

Re/Max Tri-City Realty Brokerage Phone: 818-437-2433 License #00751703

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 16,602 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 35 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 17,541 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3062
  • Assessor Parcel Number 5645016020

Community Details

Overview

  • No Home Owners Association
  • 23 Units

Amenities

  • Laundry Facilities

Building Details

  • 23 Separate Electric Meters
  • 23 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,000
  • Fuel Expense $5,000
  • Gardener Expense $2,200
  • Insurance Expense $12,000
  • Professional Management Expense $30,500
  • Trash Expense $4,300
  • Water Sewer Expense $4,000
  • Operating Expense $199,700
  • Gross Income $686,280
  • Net Operating Income $465,992

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.38 Acres

Parking

35

Listing Details

  • Professional Management Expense: 30500.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4000.00
  • Zoning: GLR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2200.00
  • Parcel Number: 5645016020
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 555.84

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 35.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 35.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16602.00
  • Lot Size Acres: 0.3811

Multi Family

  • Electric Expense: 6000.00
  • Fuel Expense: 5000.00
  • Gross Income: 686280.00
  • Gross Operating Income: 665692.00
  • Gross Scheduled Income: 686280.00
  • Insurance Expense: 12000.00
  • Laundry Income: 3600.00
  • Lot Size Area: 16602.0000 Square Feet
  • Net Operating Income: 465992.00
  • Number Of Separate Electric Meters: 23
  • Number Of Separate Gas Meters: 23
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 23
  • Number With Range: 23
  • Operating Expense: 199700.00
  • Rent Control: No
  • Total Expenses: 199700.00

Tax Info

  • Tax Census Tract: 3020.04
  • Tax Lot: 3
  • Tax Tract Number: 3062
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $9,750,000 -6.9% $556 / Sq Ft
03/04/2025 03/04/25 For Sale $10,475,000 -- $597 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $99,979 $9,026,510 $4,026,348 $5,000,162
2024 $44,058 $3,857,193 $2,467,713 $1,389,480
2023 $43,082 $3,781,563 $2,419,327 $1,362,236
2022 $42,353 $3,707,416 $2,371,890 $1,335,526
2021 $41,570 $3,634,723 $2,325,383 $1,309,340
2019 $40,012 $3,532,417 $2,256,412 $1,276,005
2018 $39,315 $3,463,263 $2,212,169 $1,251,094
2016 $37,377 $3,323,496 $2,126,269 $1,197,227
2015 $36,630 $3,273,575 $2,094,331 $1,179,244
2014 $36,426 $3,209,451 $2,053,306 $1,156,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25047444

California Regional Multiple Listing Service (CRMLS)
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