NOT LISTED FOR SALE
8 Beds
8 Baths
3,820 Sq Ft
10,019 Sq Ft Lot

Last Sold August 22, 2022

Last sale price $1,400,000 $366 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Laundry Room
  • Valencia High School Rated A+
  • Cooling System Mounted To A Wall/Window
  • Doors swing in

About This Home

As of August 2022

***Drive BY Only Do Not Disturb Tenants***Great 4-Unit Building; each unit is approx. 995 sq. ft. offers 2 bedrooms, 2 full baths (One bath in each of the Master Bedrooms. Each unit offers a family room, dining area, spacious kitchen and pantry area and a patio. The units are spacious and well laid out. The lot the building rests on is one the best lay outs in the area, end of a culdesac and over 10,000 sq. ft. and there are 5 one car garages, one is held currently used by the owner. There is a rental potential for each garage, the current owner/landlord has not been charging for them. There are also 5 additional parking spaces in the rear and a laundry room that is managed by a company who shares the profit with the owner. This building is conveniently located between the 91 & 57 freeways and the units have never been without renters for the last 20 years.

Last Agent to Sell the Property

Bob Livingston

Realty World Main Street License #01445313 Listed on: 07/15/2022

Realty World Main Street

Co-Listed By

Scott Johnson

Realty World Main Street License #00795948

Last Buyer's Agent

Lantu Nghiem

Royal Pacific Realty License #01346631

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • West Facing Home
  • Block Wall Fence
  • Rectangular Lot

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Home Design

  • Apartment
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Family Room

Kitchen

  • Free-Standing Range
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 26
  • Tax Tract Number 4081
  • Assessor Parcel Number 34429220
  • $992 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $624
  • Trash Expense $1,942
  • Water Sewer Expense $2,781
  • Operating Expense $14,347
  • Gross Income $46,800
  • Net Operating Income $39,453

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 337500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2781.00
  • Property Condition: Termite Clearance
  • Property Type: Residential Income
  • Parcel Number: 34429220
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 366.49
  • Room Type: Family Room

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Parking Space
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Water Heater Central
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1942.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average Studio Area: 955 Square Feet
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 700.00
  • Lot Size Area: 10019.0000 Square Feet
  • Maintenance Expense: 624.00
  • Net Operating Income: 39453.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 7347.00
  • Rent Control: No
  • Total Actual Rent: 3900.00
  • Total Expenses: 14347.00

Tax Info

  • Tax Census Tract: 117.20
  • Tax Lot: 26
  • Tax Tract Number: 4081
  • TaxOtherAnnualAssessmentAmount: 992.00

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 Change Sq Ft Price
08/22/2022 08/22/22 Sold $1,400,000 +3.7% $366 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $1,350,000 -- $353 / 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: IG22156332

California Regional Multiple Listing Service (CRMLS)

APN: 344-292-20