NOT LISTED FOR SALE

21317 Costanso St Los Angeles, CA 91364

7 Beds
6 Baths
3,870 Sq Ft
6,251 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $1,670,000 $432 Per Sq Ft

326 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Double Pane Windows
  • Traditional Architecture
  • Neighborhood Views
  • 3-minute walk to Costanso Fire Station 84 Park

About This Home

As of May 2024

Great investment opportunity in Woodland Hills With a total of 5 units on a 6,251 sq. ft. lot and approximately 3,870 Sq. of living space, this property offers a diverse range of unit sizes to attract different tenants. The recent renovations, including new doors and windows for all units, add value and improve the overall appeal of the property. The complex includes a 2-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and three 1-bedroom, 1-bathroom units. Four of the units have undergone extensive renovation with features such as laminated wood floors, quartz countertops, new cabinets, and stainless-steel appliances in the kitchens, as well as updated bathrooms. All units have individual Electric and Gas meters. In-wall AC and heaters provide individual climate control for each unit. The common Coin-laundry room generates supplemental income as well as convenience for the tenants. There is also a Fully permitted security gate and Newer permitted common water heater. Each unit has one assigned carport and storage unit. The property's location in Woodland Hills is a strong selling point. It is situated south of Ventura Blvd., a popular commercial and entertainment hub in the area. Proximity to schools, parks, public transit, freeways, and various shopping options like Trader Joe's, Whole Foods, and The Village at Westfield and Warner Center, makes it appealing to potential tenants. A truly great investment in a great location.

Last Agent to Sell the Property

Nancy Aynehchi

First Team Real Estate Brokerage Phone: 714-496-8852 License #01450929 Listed on: 05/20/2023

First Team Real Estate

Last Buyer's Agent

Susan Featherly

Better Homes and Gardens Real Estate Town Center License #01445745

Better Homes and Gardens Real Estate Town Center

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 6,251 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,870 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Family Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 5 Detached Carport Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2304
  • Tax Tract Number 6170
  • Assessor Parcel Number 2167002034
  • $905 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,000
  • Gardener Expense $600
  • Insurance Expense $3,200
  • Other Expense $11,970
  • Trash Expense $4,920
  • Water Sewer Expense $2,250
  • Operating Expense $11,970
  • Gross Income $127,620
  • Net Operating Income $115,650

Property Details

Home Type

Apartment

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: All Appliances and common area washer/dryer.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2250.00
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2167002034
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 431.52
  • Room Type: Family Room, Kitchen
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Covered, Parking Space
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Freezer, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4920.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Water
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Fuel Expense: 1000.00
  • Gross Income: 127620.00
  • Gross Operating Income: 127620.00
  • Gross Scheduled Income: 127620.00
  • Insurance Expense: 3200.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 6251.0000 Square Feet
  • Net Operating Income: 115650.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 11970.00
  • Other Expense: 11970.00
  • Rent Control: Yes
  • Total Actual Rent: 10730.00
  • Total Expenses: 11970.00

Tax Info

  • Tax Census Tract: 1375.02
  • Tax Lot: 2304
  • Tax Tract Number: 6170
  • TaxOtherAnnualAssessmentAmount: 905.00

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 Prior Sale
05/09/2024 05/09/24 Sold $1,670,000 -1.8% $432 / Sq Ft
09/20/2023 09/20/23 Price Changed $1,700,000 0.0% $439 / Sq Ft
09/20/2023 09/20/23 For Sale $1,700,000 +1.8% $439 / Sq Ft
08/24/2023 08/24/23 Off Market $1,670,000 -- --
07/12/2023 07/12/23 Price Changed $1,825,000 -3.9% $472 / Sq Ft
05/20/2023 05/20/23 For Sale $1,899,900 +40.7% $491 / Sq Ft
09/16/2020 09/16/20 Sold $1,350,000 0.0% $313 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $1,350,000 -- $313 / 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: OC23087554

California Regional Multiple Listing Service (CRMLS)