NOT LISTED FOR SALE

14154 Roscoe Blvd Panorama City, CA 91402

10 Beds
8 Baths
5,565 Sq Ft
8,398 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $1,170,000 $210 Per Sq Ft

13 Days on Market

About This Home

As of June 2018

We are pleased to present 14154 Roscoe Boulevard, containing 7 apartment units and 1 non-conforming single unit, the property has already undergone complete, fully permitted, seismic retrofitting. This dramatically lowers the expected maintenance costs for a new owner while providing safety and security for the owner and tenants.Most of the units contain two bedrooms, including a large two bedroom front house with a fireplace. The property's plumbing has all been upgraded to copper piping, reducing maintenance and capital improvement expenses for the new owner. Additional income is provided by an on-site laundry room in the rear of the property. Its desirable location across the street from several different churches and schools helps to keep occupancy high, as tenants seek its convenient proximity to those destinations and it offers high visibility to a large group of prospective tenants.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 04/24/2018

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 04/24/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,398

Interior Spaces

  • 5,565 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • 8,398 Sq Ft Lot
  • Air Conditioning

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2212-020-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5565
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 215.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 411257
  • Assessed Land Value: 313852
  • Assessor Parcel Number: 2212-020-007
  • Geocode Override: No
  • Lot Size Area: 8398

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.48
  • Number Of Units: 8
  • Total Annual Expense: 34564
  • Type Of Units: Residential
  • Vacancy Rate: $2445

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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
06/08/2018 06/08/18 Sold $1,170,000 -2.5% $210 / Sq Ft
04/24/2018 04/24/18 For Sale $1,200,000 -- $216 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-337396

The MLS