$1,250,000
UNDER CONTRACT

Estimated payment $7,741/month

Total Views 480
18 Beds
8 Baths
8,500 Sq Ft
$147 Price per Sq Ft

Highlights

  • 0.35 Acre Lot
  • Central Heating and Cooling System
  • 3-minute walk to Jefferson Park

About This Home

Investor Opportunity Just Hit the Market! This 10-unit apartment building is ideally situated on a corner lot, offering excellent visibility and access. Each unit features a 2-bedroom, 1.5-bathroom layout, complete with a private patio and dedicated private storage, adding strong tenant appeal. The property is fully fenced for enhanced privacy and is conveniently located near shopping centers, dining, and everyday amenities. A solid asset with desirable featuresdon't miss this opportunity to add a quality investment to your portfolio.

Listing Agent

Roger Magana

Golden Valley Real Estate Group Brokerage Phone: 661-477-3484 License #01708253 Listed on: 12/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block P / 162
  • Assessor Parcel Number 01512001006
  • $3,340 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Maintenance Expense $1,500
  • Other Expense $11,240
  • Professional Management Expense $7,800
  • Supplies Expense $1,500
  • Trash Expense $4,264
  • Water Sewer Expense $7,104
  • Operating Expense $36,408
  • Gross Income $128,772
  • Net Operating Income $92,364

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Professional Management Expense: 7800.00
  • Property Attached: Yes
  • Supplies Expense: 1500.00
  • Water Sewer Expenses: 7104.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 01512001006
  • Year Built: 1977
  • Special Features: UnderContract

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 147.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 4264.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15093.00
  • Lot Size Acres: 0.3465

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 128772.00
  • Gross Scheduled Income: 128772.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 15093.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 92364.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 36408.00
  • Other Expense: 11240.00
  • Other Expense Description: taxes
  • Rent Control: Yes
  • Total Expenses: 36408.00

Tax Info

  • Tax Block: 162
  • Tax Lot: P
  • TaxOtherAnnualAssessmentAmount: 3340.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/27/2025 12/27/25 For Sale $1,250,000 -- $147 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25280911

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.