$4,740,000
SOLD MAY 29, 2025
23 Beds
24 Baths
14,053 Sq Ft
0.52 Acres

Recently Sold

$337 Per Sq Ft

7% Below List Price

105 Days on Market

Highlights

  • Gated Parking
  • Valley Academy of Arts & Sciences Rated A-
  • 0.52 Acre Lot

About This Home

As of May 2025

Price Reduced! 10.25X Current GRM and a 6.34% Ca. 1980 Construction (subject to AB-1482), no City of LA rent control. Prime location one block from CSUN. Below market rent rates and implementing RUBS system will greatly increase cashflow. Building has been newly painted and is located in a High Resource Area (SAFMR are Tier 4). Tremendous upside and opportunity on this.

Last Agent to Sell the Property

Hooman Emanuel

Keller Williams Studio City License #01200237 Listed on: 01/29/2025

Keller Williams Studio City

Co-Listed By

Ron Aaron

The One Luxury Properties License #00947970

Last Buyer's Agent

Andrew Moore

The ONE Luxury Properties License #01723650

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 75x300

Interior Spaces

  • 14,053 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 24 Bathrooms

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 23 Units

Listing and Financial Details

  • Assessor Parcel Number 2764-008-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 14053
  • Lot Acreage: 0.5169
  • Lot Dimensions: 75x300
  • Probate: No
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 23
  • Total Bathrooms: 24.00
  • Equipment: Microwave, Range/Oven
  • Price Per S Q F T: 348.68

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Gated
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 70.00
  • Assessed Improvement Value: 994412
  • Assessed Land Percent: 30
  • Assessed Land Value: 426247
  • Total Assessed Value: 1420659
  • Assessor Parcel Number: 2764-008-008
  • Lot Size Area: 22517

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.25
  • Number Of Units: 23
  • Total Annual Expense: 152833
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

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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
05/29/2025 05/29/25 Sold $4,740,000 -3.3% $337 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $4,900,000 -3.9% $349 / Sq Ft
01/29/2025 01/29/25 For Sale $5,100,000 -- $363 / 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: 25490743

The MLS