$1,850,000

Estimated payment $11,601/month

Total Views 257
8 Beds
8 Baths
4,145 Sq Ft
$446 Price per Sq Ft

Highlights

  • Gated Community
  • No HOA
  • Side by Side Parking
  • Contemporary Architecture
  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window

About This Home

Well maintained and stable non rent control apartment consisting of 7 nice units. Extensively updated since 2018 including a new roof, new paint, new dual pane windows, new kitchen and bath in most units, new flooring, new water heaters. Plenty of off street covered parking, gated entry, security cameras. Close proximity to everything including short walking distance to the Vermont/Beverly Metro Station.

Listing Agent

bing hou

IRN Realty Brokerage Phone: 626-786-2143 License #01026586 Listed on: 11/10/2025

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 6,002 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Gentle Sloping Lot

Home Design

  • Contemporary Architecture
  • Apartment
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,145 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Home Security

  • Window Bars
  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 10 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Side by Side Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tax Lot K
  • Tax Tract Number 1
  • Assessor Parcel Number 5518010015
  • $1,002 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $7,717
  • Professional Management Expense $15,000
  • Trash Expense $5,160
  • Water Sewer Expense $9,000
  • Operating Expense $38,677
  • Gross Income $151,356
  • Net Operating Income $112,679

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.09
  • Professional Management Expense: 15000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Gated Community, Security System, Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 9000.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5518010015
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 446.32
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Side by Side
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 5160.00
  • 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, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 6002.00
  • Lot Size Acres: 0.1378

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 151356.00
  • Gross Multiplier: 12.22
  • Gross Operating Income: 151356.00
  • Gross Scheduled Income: 151356.00
  • Insurance Expense: 7717.00
  • Lot Size Area: 6002.0000 Square Feet
  • Net Operating Income: 112679.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 38677.00
  • Rent Control: No
  • Total Actual Rent: 151356.00
  • Total Expenses: 38677.00

Tax Info

  • Tax Lot: K
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1002.00

Map

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 Prior Sale
11/10/2025 11/10/25 For Sale $1,850,000 +1.4% $446 / Sq Ft
03/30/2018 03/30/18 Sold $1,824,000 0.0% $440 / Sq Ft View Prior Sale
01/17/2018 01/17/18 For Sale $1,824,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25257302

California Regional Multiple Listing Service (CRMLS)