NOT LISTED FOR SALE
5 Beds
4 Baths
15,055 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: January 13, 2016

Last sale price $3,420,000 $227 Per Sq Ft

185 Days on Market

About This Home

As of January 2016

Introducing the Exquisite Clifton Plaza Apartments, featuring spacious 2 and 3-bedroom units. Prepare to be amazed by the recent renovations, which include brand-new kitchens, bathrooms, flooring, and air conditioning. Enjoy the luxury of private patios and the convenience of enclosed 1-car garages. The building also offers a convenient laundry room for residents. Feel secure with state-of-the-art high-end surveillance cameras throughout the premises.

At Clifton Plaza, we prioritize exceptional service and convenience. Our dedicated bilingual on-site managers are ready to assist you every step of the way, ensuring a smooth and enjoyable living experience.

Immerse yourself in a vibrant neighborhood, just a short stroll away from retail shops, diverse dining options, charming playground parks, and the enchantment of Disneyland, only minutes away. Commuting is a breeze with easy access to nearby freeways. This is an absolute MUST SEE!

Don't miss out on the opportunity to experience the allure of Clifton Plaza Apartments. Call now to arrange a private tour and discover your new dream home!

Last Agent to Sell the Property

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 07/06/2015

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 20,194 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Parking

  • 16 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • 15,055 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2, 1
  • Tax Tract Number 3373
  • Assessor Parcel Number 23415201

Community Details

Building Details

  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,300
  • Insurance Expense $3,578
  • Maintenance Expense $20,589
  • Other Expense $2,600
  • Professional Management Expense $6,720
  • Water Sewer Expense $13,401
  • New Taxes Expense $41,178
  • Gross Income $21,462
  • Net Operating Income $158,452

Additional Features

  • 16 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.46 Acres

Parking

16

Listing Details

  • CapRate: 4.50
  • Professional Management Expense: 6720.00
  • Property Attached: Yes
  • Water Sewer Expenses: 13401.00
  • Property Type: Residential Income
  • Gardener Expense: 3300.00
  • Parcel Number: 23415201
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 227.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 32.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 20194.00
  • Price Per Lot Square Foot: 169.36
  • Lot Size Acres: 0.4640

Multi Family

  • Gross Income: 21462.00
  • Gross Multiplier: 13.57
  • Gross Scheduled Income: 3495000.00
  • Insurance Expense: 3578.00
  • Lot Size Area: 20194.0000 Square Feet
  • Maintenance Expense: 20589.00
  • Maintenance Percent: 8.00
  • Net Operating Income: 158452.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 91366.00
  • Operating Expense Percent: 35.50
  • Other Expense: 2600.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 41178.00
  • Tax Lot: 2, 1
  • Tax Tract Number: 3373

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,965,331
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2015
Closed on
Dec 2, 2015
Sold by
Bought by
Seller's Agent
Jay Skenderian
Morgan Skenderian
Buyer's Agent
Rick Applebaum
Morgan Skenderian
List Price
$3,495,000
Sold Price
$3,420,000
Premium/Discount to List
-$75,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,379,000
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$3,420,000 Ticor Title Co
$2,385,000 First American Title Co
-- Accommodation
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Previous Owner $1,200,000
Previous Owner $2,379,000
Previous Owner $1,500,000
Previous Owner $1,490,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 For Rent $2,350 0.0% --
06/22/2023 06/22/23 Price Changed $2,350 0.0% $2 / Sq Ft
06/22/2023 06/22/23 For Rent $2,350 +17.8% --
06/20/2023 06/20/23 For Rent $1,995 0.0% --
05/22/2023 05/22/23 For Rent $1,995 0.0% --
01/13/2016 01/13/16 Sold $3,420,000 -2.1% $227 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
07/06/2015 07/06/15 For Sale $3,495,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $50,396 $4,129,556 $2,414,948 $1,714,608
2025 $50,396 $4,048,585 $2,367,596 $1,680,989
2024 $47,871 $3,969,201 $2,321,172 $1,648,029
2023 $46,852 $3,891,374 $2,275,659 $1,615,715
2022 $46,246 $3,815,073 $2,231,038 $1,584,035
2021 $46,318 $3,740,268 $2,187,292 $1,552,976
2020 $46,120 $3,701,917 $2,164,864 $1,537,053
2019 $44,768 $3,629,331 $2,122,416 $1,506,915
2018 $43,852 $3,558,168 $2,080,800 $1,477,368
2017 $42,147 $3,488,400 $2,040,000 $1,448,400
2016 $34,558 $2,753,265 $2,174,174 $579,091
2015 $34,246 $2,711,909 $2,141,516 $570,393
2014 $31,554 $2,600,000 $2,052,926 $547,074
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15146328

California Regional Multiple Listing Service (CRMLS)
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