NOT LISTED FOR SALE
10 Beds
7 Baths
4,155 Sq Ft
9,400 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $1,025,000 $247 Per Sq Ft

35 Days on Market

Highlights

  • Double Pane Windows
  • Gated Home
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of April 2021

SELLERS ARE MOTIVATED ---This property consists of 7 single story units in fair condition. Total rents collected $7,462 4 with a 4% increase rents will be $7,881. Total Expenses $ 25,834.07 Net Operating Income/ $ 62,665.93 /Rents $88,500.00 Annual All tenants are current with rents. All tenants are month to month. there are 4 - 1 bedrooms and 3- 2 bedrooms Previous owners renovated most units cover wood /stucco cover mineral & composition shingleDrywall over wood frame Wood/Carpet, average and window locks, electronic security door/rear locking entry gate access each unit has its own hot water heater standards ; electric meters . The age listed above applies to 3 buildings which consists of six Apartments, and a single home; original construction & it is constructed with a crawl space, the six apartments are on a slab foundation. All units were totally renovated prior to current owner purchase including window . Total Expenses $ 25,834.07Net Operating Income/ $ 62,665.93Net Income $ 62,665.93 /Rents $88,500.00 Annual

Last Agent to Sell the Property

Mina Kuper

Harcourts Encino Inc. License #01515351 Listed on: 02/02/2021

Last Buyer's Agent

Mina Kupferschmidt

Nest Seekers License #01515351

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,402 Sq Ft Lot
  • Gated Home

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 4,155 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Oven or Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • Automatic Gate

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 6083-001-030

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

9,402 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 4155
  • Lot Acreage: 0.2158
  • Probate: Yes
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Mixed, Carpet
  • Bedrooms: 10
  • Common Walls: Attached
  • Total Bathrooms: 7.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 288.81
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Frame
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No

Garage/Parking

  • Total Parking: 8

Utilities

  • Water District: department of water and power
  • Water Heater: Gas
  • Heating: Wall Gas
  • Security: Gated, Automatic Gate
  • Sewer: Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 40.71
  • Assessed Improvement Value: 363841
  • Assessed Land Percent: 59.29
  • Assessed Land Value: 529870
  • Total Assessed Value: 893711
  • Assessor Parcel Number: 6083-001-030
  • Lot Size Area: 9402

Rental Info

  • Court Approve: No
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 14.50
  • Number Of Units: 7
  • Rent Control: 4
  • Type Of Units: 7
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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 Prior Sale
04/01/2021 04/01/21 Sold $1,025,000 -14.6% $247 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $1,200,000 0.0% $289 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $1,200,000 -7.7% $289 / Sq Ft
02/02/2021 02/02/21 For Sale $1,300,000 +18.2% $313 / Sq Ft
12/21/2018 12/21/18 Sold $1,100,000 0.0% $269 / Sq Ft View Prior Sale
11/27/2018 11/27/18 Pending -- -- --
11/21/2018 11/21/18 Off Market $1,100,000 -- --
11/09/2018 11/09/18 For Sale $1,095,000 -- $268 / Sq Ft
Source: The MLS

Tax History

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
2025 $15,280 $1,109,491 $649,458 $460,033
2024 $15,280 $1,087,737 $636,724 $451,013
2023 $15,009 $1,066,410 $624,240 $442,170
2022 $14,383 $1,045,500 $612,000 $433,500
2021 $15,476 $1,133,623 $644,104 $489,519
2020 $15,625 $1,122,000 $637,500 $484,500
2019 $15,056 $1,100,000 $625,000 $475,000
2018 $12,857 $911,584 $540,467 $371,117
2016 $12,245 $876,188 $519,481 $356,707
2015 $12,068 $863,027 $511,678 $351,349
2014 $12,124 $846,122 $501,655 $344,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-688534

The MLS

APN: 6087-002-012

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