NOT LISTED FOR SALE

15028 Magnolia Blvd Sherman Oaks, CA 91403

14 Beds
10 Baths
6,088 Sq Ft
6,847 Sq Ft Lot

Last Sold March 01, 2012

Last sale price $1,150,000 $189 Per Sq Ft

About This Home

As of March 2012

Sherman Oaks, West of Kester, 5 Units, 4(3+2) and 1(2+2), built in 1990, no rent control, large units, possible condo conversion, Copper plumbing, Central hear and air pitch roof, Low maintenance and low utilities bills, 10 parking spaces.

Last Agent to Sell the Property

Kifah Azzuz

MB Real Estate License #00935157 Listed on: 01/12/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 6,847

Home Design

  • 6,088 Sq Ft Home

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Parking

  • 20 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Leased Washer and Dryer
  • 6,847 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 14278
  • Assessor Parcel Number 2263004036

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Gross Income $7,600
  • Net Operating Income $6,490

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • CapRate: 5.43
  • Property Type: Residential Income
  • Parcel Number: 2263004036
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 188.90

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 20.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6847.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 7600.00
  • Gross Multiplier: 12.97
  • Gross Scheduled Income: 92400.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 6847.0000 Square Feet
  • Net Operating Income: 6490.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 24720.00
  • Rent Control: No
  • Total Actual Rent: 7600.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 14278
  • Tax Year: 2010

Range of Values:

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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 Change Sq Ft Price
03/01/2012 03/01/12 Sold $1,150,000 -- $189 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
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: F11067506

California Regional Multiple Listing Service (CRMLS)