NOT LISTED FOR SALE

2142 La Canada Crest Dr Unit 3 La Canada Flintridge, CA 91011

13 Beds
10 Baths
8,499 Sq Ft
1973 Built

Last Sold December 08, 2017

Last sale price $3,000,000 $353 Per Sq Ft

About This Home

As of December 2017

We are honored to represent this once in a lifetime investment opportunity. Being offered for the first from the original developer/owner, the La Canada Crest View Apartments is comprised of 5 large units. Amazing views to Downtown Los Angeles and Verdugo Mountains. All units have washer and dryer inside, central air conditioning, and additional storage space. The owners unit 3 bedroom with 2.5 bath is abundantly spread over three levels and offers irreplaceable views. The property has countless capital improvements and provides big upsides in rents with a short walk to Foothill Blvd.



For complete OM contact listing agent.

Located in rental supply contrasted, affluent city of La Canada this offering is a true definition of prime location. One block south of Foothill blvd offers tenants immediate access to restaurants and shops. Strategically located within minutes to Downtown Los Angeles, Pasadena, Glendale and Burbank.


* TRUST SALE - SUBJECT TO APPROVAL OF BENEFICIARIES WITHIN 20 DAYS *

Last Agent to Sell the Property

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 08/14/2017

Keller Williams World Media Center

Last Buyer's Agent

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 08/14/2017

Keller Williams World Media Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 10,340 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 8,499 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Bathrooms

Additional Features

  • Laundry Room
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5810016007

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $7,194
  • Water Sewer Expense $8,543
  • New Taxes Expense $35,670
  • Operating Expense $66,335
  • Gross Income $12,430
  • Net Operating Income $79,429

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 8543.00
  • Zoning: LFR3*
  • Property Type: Residential Income
  • Parcel Number: 5810016007
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Three Or More
  • Price Per Square Foot: 352.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10340.00

Multi Family

  • Gross Income: 12430.00
  • Gross Scheduled Income: 144360.00
  • Insurance Expense: 7194.00
  • Net Operating Income: 79429.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 5
  • Operating Expense: 62044.00
  • Rent Control: No
  • Total Expenses: 66335.00

Tax Info

  • New Taxes Expense: 35670.00
  • Tax Census Tract: 3005.02

Range of Values:

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List Price
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
12/08/2017 12/08/17 Sold $3,000,000 +3.4% $353 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $2,900,000 -- $341 / 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: SR17188179

California Regional Multiple Listing Service (CRMLS)