$3,250,000
SOLD AUG 12, 2016
10 Beds
9 Baths
5,520 Sq Ft
5,030 Sq Ft Lot

Recently Sold

$589 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Laundry closet
  • Canfield Avenue Elementary Rated A-
  • Intercom
  • 1-minute walk to Robertson Recreational Park

About This Home

As of April 2025

SEE ATTACHED SETUP!! INCREDIBLY HIGH 5.30% CAP RATE!!! NEW CONSTRUCTION [EXCLUDING FRAMING & FOUNDATION] TROPHY 9 UNIT!!! THE DEVELOPER HAS A FANATICAL EYE FOR DETAIL FROM 35+ YEARS EXPERIENCE DESIGNING APTS, AND HAS SPARED NO EXPENSE (WELL OVER 700K WAS SPENT). THE ENTIRE PROPERTY HAS JUST BEEN EXTENSIVELY REMODELED WITH A CUTTING EDGE MODERN AESTHETIC, DESERT LANDSCAPING, AND STUNNING LED LIGHTING.***TENANTS PAY FOR ALL UTILITIES INCLUDING WATER, TRASH, ELECTRIC, AND GAS! ALL UNITS HAVE INDIVIDUAL METERS***ALL 9 UNITS HAVE THE FOLLOWING: *NEW CENTRAL AIR AND HEAT WITH SMART THERMOSTATS *NEW COPPER PIPING, NEW ELECTRIC WIRING AND PANELS *NEW WINDOWS *NEW INDIVIDUAL TANKLESS HOT WATER HEATERS *NEW HARDWOOD FLOORS *NEW CABINETS, QUARTZ COUNTER-TOPS, MOSAIC TILE BACK-SPLASH *NEW ENERGY EFFICIENT STAINLESS STEEL APPLIANCES *NEW STACK WASHER DRYERS *EXCEPTIONALLY LARGE CUSTOM CLOSETS *GLAMOROUSLY DESIGNED TILED BATHROOMS *PHONE BUZZER CONTROLLED ENTRY *7 PARKING SPACES *BOLTED FOUNDATION

Last Agent to Sell the Property

Aaron Biston

Uzan Realty License #00829493 Listed on: 06/16/2016

Last Buyer's Agent

sam shakerchi

Compass License #01868195

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,030 Sq Ft Lot

Interior Spaces

  • 5,520 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 4303-005-007

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: 5520
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Laundry Equipment: Own
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Ice Maker, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 596.92
  • Windows: Double Pane Windows

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Uncovered
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Electric Expense: 327.00
  • Heating: Central

Fee Information

  • Insurance Expense: 2000.00
  • Maintenance Expense: 1697.00
  • Management Expense: 5372.00
  • Other Expense: 600.00

Lot Info

  • Assessed Improvement Value: 335790
  • Assessed Land Value: 783512
  • Assessor Parcel Number: 4303-005-007
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 5030

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 14.19
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 57807.50
  • Type Of Units: LEASE
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 41188.00

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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 Change Sq Ft Price
07/25/2025 07/25/25 For Rent $2,500 0.0% --
04/25/2025 04/25/25 Sold $2,850,000 -13.5% $503 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $3,295,000 -4.5% $581 / Sq Ft
02/13/2025 02/13/25 For Sale $3,450,000 +6.2% $609 / Sq Ft
08/12/2016 08/12/16 Sold $3,250,000 -1.4% $589 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $3,295,000 +93.8% $597 / Sq Ft
07/15/2015 07/15/15 Sold $1,700,000 -5.6% $308 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $1,800,000 -- $326 / 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: 16-135692

The MLS