NOT LISTED FOR SALE

15526 Chase St North Hills, CA 91343

8 Beds
7 Baths
29,243 Sq Ft
0.86 Acres

Last Sold November 10, 2017

Last sale price $6,400,000 $219 Per Sq Ft

About This Home

As of November 2017

15526 Chase St. apartment complex is comprised of 39 garden-style apartment units in one 2 story building. The building construction is of wood frame with a flat roof and painted stucco exterior. Development was completed in 1965 with a total of 29,243 building square feet on a 37,375 square foot lot. Current zoning is LAR3

The apartment units are spacious and consist of 19 singles, 2 (1+1), 5 (2+1), 9 (2+2), & 4 (3+2) units. Common area amenities include controlled gated access, covered parking, laundry room, multiple storage rooms, and a courtyard showcasing a beautiful drought resistant garden.

Unit amenities include wall A/C units, microwave, stove, patios and balconies (for all units excluding 1 single unit), tile floors, and granite countertops. Bedrooms in 2br and 3br units share walls. The property is separately metered for gas & electricity.

15526 Chase St. is centrally located in a family oriented community of North Hills adjacent to Van Nuys. The property is just north of Roscoe Blvd and east of the 405 freeway. The 15500 block of Chase St. is a low traffic quiet residential tree lined street. The immediate vicinity consists of well-maintained apartment buildings and single-family homes.

Last Agent to Sell the Property

Raymond A. Rodriguez IV

Equity Union License #01402283 Listed on: 06/29/2017

Equity Union

Last Buyer's Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.86 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 37 Parking Spaces

Home Design

  • 29,243 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1174
  • Assessor Parcel Number 2654028025

Community Details

Building Details

  • 39 Separate Electric Meters
  • 39 Separate Gas Meters
  • Insurance Expense $13,159
  • Maintenance Expense $21,450
  • Other Expense $9,000
  • Professional Management Expense $33,607
  • Supplies Expense $7,800
  • Trash Expense $3,750
  • Water Sewer Expense $45,630
  • New Taxes Expense $82,188
  • Operating Expense $207,584
  • Gross Income $547,678
  • Net Operating Income $323,663

Additional Features

  • 39 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • CapRate: 4.92
  • Professional Management Expense: 33607.00
  • Property Attached: Yes
  • Supplies Expense: 7800.00
  • Water Sewer Expenses: 45630.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2654028025
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 218.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 37.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3750.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 37375.00

Multi Family

  • Gross Income: 547678.00
  • Gross Multiplier: 12.01
  • Gross Scheduled Income: 547678.00
  • Insurance Expense: 13159.00
  • Laundry Income: 780.00
  • Maintenance Expense: 21450.00
  • Net Operating Income: 323663.00
  • Number Of Separate Electric Meters: 39
  • Number Of Separate Gas Meters: 39
  • Number Of Units Total: 39
  • Operating Expense: 207584.00
  • Other Expense: 9000.00
  • Other Expense Description: res. mgr
  • Other Income1: 400.00
  • Other Income2: 65.00
  • Other Income Description: RUBS and Vending Machine
  • Rent Control: No
  • Total Expenses: 207584.00

Tax Info

  • New Taxes Expense: 82188.00
  • Tax Census Tract: 1174.08
  • Tax Lot: 1
  • Tax Tract Number: 1174

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
11/10/2017 11/10/17 Sold $6,400,000 -2.7% $219 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $6,575,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Antonucci

    Buyer's Agent in 2017

    James Antonucci

    Keller Williams Realty-Studio City

    (818) 432-1647

    76 Total Sales

    James Antonucci
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17148177

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County North Hills 91343

15526 Chase St, North Hills, CA

This home is located at 15526 Chase St, North Hills, CA 91343 since 29 June 2017. This property was built in 1965. 15526 Chase St is a home located in Los Angeles County with nearby schools including Parthenia Street Elementary School, Vista Middle School, and Panorama High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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