NOT LISTED FOR SALE

12839 Barbara Ann St North Hollywood, CA 91605

3 Beds
4 Baths
4,104 Sq Ft
6,763 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $790,000 $192 Per Sq Ft

About This Home

As of November 2018

Great opportunity to acquire a 5 Unit apartment building in a nice pocket of North Hollywood. Easy to manage lower maintenance investment with a solid unit mix. All tenants have been in the building long-term and are at below market rents. Units are good sized, each have parking and with separate electric and gas meters. The building is subject to the Soft-Story Retrofit Ordinance which will be the buyers responsibility after the closing. This property is under rent control.

Last Agent to Sell the Property

Jeremy Brown

Brown Realty License #01710029 Listed on: 09/13/2018

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,763 Sq Ft Lot
  • Two or More Common Walls
  • Density is 31-35 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot B
  • Tax Tract Number 1233
  • Assessor Parcel Number 2324006057

Community Details

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Operating Expense $26,363
  • Gross Income $62,531
  • Net Operating Income $36,168

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • CapRate: 4.26
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2324006057
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 192.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 6763.00
  • Lot Size Acres: 0.1553

Multi Family

  • Gross Income: 62531.00
  • Gross Multiplier: 13.58
  • Gross Scheduled Income: 62531.00
  • Lot Size Area: 6763.0000 Square Feet
  • Net Operating Income: 36168.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 26363.00
  • Rent Control: Yes
  • Total Expenses: 26363.00

Tax Info

  • Tax Census Tract: 1233.03
  • Tax Lot: B
  • Tax Tract Number: 1233

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
11/20/2018 11/20/18 Sold $790,000 -6.9% $192 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $849,000 -- $207 / 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: SR18225470

California Regional Multiple Listing Service (CRMLS)