NOT LISTED FOR SALE
5 Beds
4 Baths
13,576 Sq Ft
12,362 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $3,092,315 $228 Per Sq Ft

98 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room

About This Home

As of April 2019

Non-Rent Control building with security access and remote controlled parking gate. Plentiful parking, balconies, patios, individual HVAC units and spacious units averaging 970 SF. Several units have updated flooring, kitchen cabinets and light fixtures.

Property is close to the 5 and 170 Freeways. There are numerous parks and schools in the area and the Hansen Dam Recreational Center is only 7 minutes. Hansen Dam offers numerous recreational activities including biking, fishing, sports and hosts various festivals through out the year. Sun Valley is bordered on the north east by Shadow Hills, the south east by Burbank and the south by North Hollywood/Valley Glen. The close by Sun Valley Metrolink Station offers 320 free overnight parking spaces. Sun Valley has a youthful population as indicated per the 2000 Census with the
median age of the residents being only 28 years old.

Last Agent to Sell the Property

Greg Trotter

Coldwell Banker Realty License #00978695 Listed on: 10/09/2018

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 4 Open Parking Spaces
  • 29 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 13,576 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1292
  • Assessor Parcel Number 2631002031

Community Details

Overview

  • No Home Owners Association
  • 14 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $7,275
  • Gardener Expense $1,440
  • Insurance Expense $6,845
  • Maintenance Expense $6,521
  • Other Expense $6,060
  • Pest Control $1,050
  • Supplies Expense $850
  • Trash Expense $7,020
  • Water Sewer Expense $17,300
  • New Taxes Expense $39,994
  • Operating Expense $94,354
  • Gross Income $219,576
  • Net Operating Income $122,999

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.28 Acres

Parking

29

Listing Details

  • CapRate: 3.84
  • Property Attached: Yes
  • Supplies Expense: 850.00
  • Water Sewer Expenses: 17300.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 2631002031
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 227.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 29.00
  • Total Parking Spaces: 33.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1050.00
  • Sewer: Public Sewer
  • Trash Expense: 7020.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 12362.00
  • Lot Size Acres: 0.2838

Multi Family

  • Electric Expense: 7275.00
  • Gross Income: 219576.00
  • Gross Multiplier: 14.25
  • Gross Operating Income: 217354.00
  • Gross Scheduled Income: 224076.00
  • Insurance Expense: 6845.00
  • Laundry Income: 4500.00
  • Lot Size Area: 12362.0000 Square Feet
  • Maintenance Expense: 6521.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 122999.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 94354.00
  • Other Expense: 6060.00
  • Other Expense Description: Manager
  • Rent Control: No
  • Total Expenses: 94354.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 39994.00
  • Tax Census Tract: 1212.22
  • Tax Lot: 4
  • Tax Tract Number: 1292
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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 Prior Sale
04/12/2019 04/12/19 Sold $3,092,315 -3.4% $228 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
10/09/2018 10/09/18 For Sale $3,199,500 +64.9% $236 / Sq Ft
10/28/2013 10/28/13 Sold $1,940,000 -2.5% $143 / Sq Ft View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $1,990,000 +16.4% $147 / Sq Ft
10/12/2012 10/12/12 Sold $1,710,000 -3.4% $126 / Sq Ft View Prior Sale
07/20/2012 07/20/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $1,770,000 -- $130 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $55,517 $4,492,092 $2,706,080 $1,786,012
2024 $54,816 $4,404,013 $2,653,020 $1,750,993
2023 $53,767 $4,317,660 $2,601,000 $1,716,660
2022 $51,298 $4,233,000 $2,550,000 $1,683,000
2021 $39,311 $3,186,822 $1,545,850 $1,640,972
2020 $39,699 $3,154,146 $1,530,000 $1,624,146
2019 $11,487 $2,131,896 $1,263,753 $868,143
2018 $26,624 $2,090,095 $1,238,974 $851,121
2016 $25,317 $2,008,936 $1,190,864 $818,072
2015 $24,960 $1,978,761 $1,172,977 $805,784
2014 $25,119 $1,940,000 $1,150,000 $790,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18246050

California Regional Multiple Listing Service (CRMLS)
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