NOT LISTED FOR SALE

16850 Chatsworth St Granada Hills, CA 91344

50 Beds
45 Baths
24,787 Sq Ft
0.62 Acres

Last Sold December 19, 2018

Last sale price $7,250,000 $292 Per Sq Ft

28 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Air Conditioning
  • Valley Academy of Arts & Sciences Rated A-
  • 26,817 Sq Ft lot
  • 4-minute walk to Granada Hills Recreation Center

About This Home

As of December 2018

Great value for a quintessential income property with huge potential to continue to upgrade units and rents and reap the benefits! This well-maintained 24,787 Sqft, 34-unit apartment building is located at an excellent location in Granada Hills on a 26,817 Sqft lot. The 34 units are compromised of (1) 3 bed unit (16) 2 bed units, (15) 1 bed units and (2) studio units. The majority of the units have been beautifully redone & renovated with building amenities including 32 gated parking spaces, a swimming pool, barbecue area and on-site laundry. Don't miss out on this rare opportunity to own a well-positioned multi-family building with great upside, less than a mile away from a comprehensive range of local amenities; including restaurants, supermarkets, banks, and an assortment of retail stores.

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 05/14/2018

Compass

Last Buyer's Agent

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.62

Interior Spaces

  • 24,787 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 50 Bedrooms
  • 45 Bathrooms

Parking

  • 32 Parking Spaces
  • Gated Parking

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • In Ground Pool
  • 0.62 Acre Lot

Community Details

  • 34 Units

Listing and Financial Details

  • Assessor Parcel Number 2684-001-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 24787
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 50
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 45.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 302.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool Expense: 1500.00
  • Pool: Yes

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 32

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Fee Information

  • Insurance Expense: 9000.00
  • Other Expense: 32000.00

Lot Info

  • Assessed Improvement Value: 1456134
  • Assessed Land Value: 298478
  • Assessor Parcel Number: 2684-001-031
  • Geocode Override: No
  • Lot Size Area: 26817

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.44
  • Number Of Units: 34
  • Total Annual Expense: 145250
  • Type Of Units: Apartment
  • Vacancy Rate: 100%

Tax Info

  • Tax Expense: 93750.00

Range of Values:

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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 Change Sq Ft Price
12/19/2018 12/19/18 Sold $7,250,000 -3.3% $292 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $7,500,000 -- $303 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sally Forster Jones

    Seller's Agent in 2018

    Sally Forster Jones

    Compass

    (310) 341-7238

    5 in this area

    376 Total Sales

    Sally Forster Jones
    Section Image
  • Joshua Luchs

    Buyer's Agent in 2018

    Joshua Luchs

    Kidder Mathews of California, Inc.

    (818) 231-2477

    8 Total Sales

    Joshua Luchs
    Section Image
  • Adam Peterson

    Buyer Co-Listing Agent in 2018

    Adam Peterson

    CB Richard Ellis, Inc.

    (310) 954-7031

    18 Total Sales

    Adam Peterson
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-344066

The MLS
California Los Angeles County Granada Hills 91344

16850 Chatsworth St, Granada Hills, CA

This home is located at 16850 Chatsworth St, Granada Hills, CA 91344 since 14 May 2018. This property was built in 1965. 16850 Chatsworth St is a home located in Los Angeles County with nearby schools including Tulsa Street Elementary School, Patrick Henry Middle School, and Valley Academy of Arts & Sciences.

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