NOT LISTED FOR SALE

20609 Hartland St Winnetka, CA 91306

14 Beds
10 Baths
8,128 Sq Ft
0.33 Acres

Last Sold April 04, 2017

Last sale price $1,920,000 $236 Per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Paved or Partially Paved Lot
  • Wall Furnace

About This Home

As of April 2017

The subject is a portfolio of 2 properties (2 separate parcels) located at 20609 & 20617 Hartland Street in the strong rental market of Winnetka, California. Both properties were built in 1958 and is set on a 14,199 sq. ft. (per assessor) lot. The properties have a unit mix consisting of eight one-bedroom/one bathrooms and four two-bedroom/one-bathrooms. The properties feature a well maintained common area, two on-site laundry rooms and twenty four parking spaces. Separate gas and electric meters. Individual water heaters in each unit. The property is located within 2 miles of the Westfield Topanga Mall and newly constructed The Village at Westfield Topanga, which is the heart of the communities' Downtown District. The village is now one of the major hub of activity in the Valley, creating new job opportunities and fostering a lively atmosphere in the neighborhood. Please see supplements for offering memorandum and rent roll.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 02/10/2017

Keller Williams Realty Calabasas

Last Buyer's Agent

Brett Howard

Howard Realty Group License #01120327

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1958

Lot Details

  • 0.33 Acre Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Interior Spaces

  • 8,128 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 24 Parking Spaces
  • 12 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 23136
  • Assessor Parcel Number 2137030004

Community Details

Overview

  • 2 Buildings
  • 12 Units

Building Details

  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,800
  • Insurance Expense $3,800
  • Maintenance Expense $2,880
  • Pest Control $480
  • Trash Expense $900
  • Water Sewer Expense $6,179
  • New Taxes Expense $24,687
  • Operating Expense $43,776
  • Gross Income $14,920
  • Net Operating Income $97,766

Property Details

Home Type

Apartment

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 6179.00
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 2137030004
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 236.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 12.00
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 12.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 480.00
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 14199.00

Multi Family

  • Gross Income: 14920.00
  • Gross Scheduled Income: 145920.00
  • Insurance Expense: 3800.00
  • Maintenance Expense: 2880.00
  • Net Operating Income: 97766.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 12
  • Operating Expense: 43776.00
  • Rent Control: Yes
  • Total Expenses: 43776.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24687.00
  • Tax Census Tract: 1349.04
  • Tax Lot: 4
  • Tax Tract Number: 23136
  • Tax Year: 2016

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
04/04/2017 04/04/17 Sold $1,920,000 -2.8% $236 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $1,975,000 -- $243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17028504

California Regional Multiple Listing Service (CRMLS)