NOT LISTED FOR SALE

2134 La Canada Crest Dr La Canada Flintridge, CA 91011

14 Beds
13 Baths
8,444 Sq Ft
10,260 Sq Ft Lot

Last Sold July 29, 2015

Last sale price $2,660,000 $315 Per Sq Ft

Highlights

  • Mountain View
  • Wood Burning Fireplace
  • Heating Available
  • Mountain Avenue Elementary School Rated A
  • Carpet

About This Home

As of July 2015

This is an amazing 7 unit property on the view side of La Canada Crest. The owner's unit offers 3 bedrooms, 2 1/2 baths, a beautiful kitchen, living room with fireplace, walk-in closets, and unobstructed views to downtown LA and even the ocean. All units have views downtown, or of mountains, or of valley. Updated kitchens and bathrooms, A/C, electric ambient wall heat system, dishwashers, microwaves and several units have fireplaces and balconies. 8 garages with openers! Gated entry, copper plumbing, and updated windows. Great unit mix (1 x 3+2.5; 4 x 2+2; 1 x 2+1; 1 x 1+1). Owner's unit will be vacant within 60 days of closing escrow. Don't miss this opportunity. Possible hardwood floors under carpet.

Last Agent to Sell the Property

Michael Shaar

Re/Max Tri-City Realty License #01126958 Listed on: 04/16/2015

Re/Max Tri-City Realty

Last Buyer's Agent

Tim Conroy

The Conroy Team License #00891741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,500

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 10,260 Sq Ft Lot

Parking

  • 8 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Mountain
  • Valley

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5810016006

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,100
  • Trash Expense $900
  • Water Sewer Expense $2,400
  • New Taxes Expense $29,938
  • Gross Income $153,648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,500

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

8

Listing Details

  • CapRate: 4.14
  • Inclusions: Furniture in owners unit could be purchased.
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LFR3*
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5810016006
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two

Exterior Features

  • View: Valley, Mountain(s)

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Appliances: Refrigerator, Water Heater, Dishwasher, Disposal
  • Heating Type: Electric
  • Trash Expense: 900.00

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10260.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 153648.00
  • Gross Multiplier: 16.41
  • Gross Operating Income: 8.00
  • Gross Scheduled Income: 158400.00
  • Insurance Expense: 2100.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Number Of Rented Garages: 8
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number With Dishwasher: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Number With Refrigerator: 5
  • Operating Expense Percent: 29.00

Tax Info

  • New Taxes Expense: 29938.00
  • Tax Annual Amount: 32500.00

Range of Values:

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Sold Price
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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
07/29/2015 07/29/15 Sold $2,660,000 0.0% $315 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $2,660,000 -- $315 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Shaar

    Seller's Agent in 2015

    Michael Shaar

    RE/MAX

    (818) 249-7653

    5 in this area

    36 Total Sales

    Michael Shaar
    Section Image

  • T

    Buyer's Agent in 2015

    Tim Conroy

    The Conroy Team

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315003710

Pasadena-Foothills Association of REALTORS®
California Los Angeles County La Cañada Flintridge 91011

2134 La Canada Crest Dr, La Cañada Flintridge, CA

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