$2,375,000
SOLD MAY 30, 2025
6 Beds
5 Baths
5,968 Sq Ft
7,734 Sq Ft Lot

Recently Sold

$398 Per Sq Ft

8% Above List Price

8 Days on Market

Highlights

  • Laundry Room
  • Verdugo Woodlands Elementary School Rated A-
  • Foothills

About This Home

As of May 2025

Prime Investment Opportunity – Fully Leased 6-Unit Multifamily Building
Discover this exceptional 6-unit income-generating property located in a high-demand rental area. This well-maintained building features a balanced unit mix of (2) 3-bed/2-bath and (2) 2-bed/2-bath apartments (2) 1-bed/1-bath, with spacious layouts. Highlights include:
Fully occupied with stable rental history.
On-site parking and plenty of street parking.
Separate meters for gas and electric.
Coin-operated laundry for added income.
Ideal for investors seeking stable cash flow with upside potential.
Centrally located near GCC, transit, shopping, and major employment hubs, this turn-key property is perfect for both first-time investors and seasoned portfolio owners. Don’t miss out on this solid multifamily asset with immediate income and long-term growth potential.

Last Agent to Sell the Property

Claudia Montoya

Keller Williams R. E. Services Brokerage Phone: 818-632-7745 License #01877777 Listed on: 05/06/2025

Keller Williams R. E. Services

Last Buyer's Agent

Anika Mar

JohnHart Real Estate License #01324775

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,734 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached
  • Entry on the 2nd floor

Interior Spaces

  • 5,968 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 17
  • Tax Tract Number 2292
  • Assessor Parcel Number 5653018032
  • $1,027 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 6 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $3,452
  • Professional Management Expense $8,040
  • Trash Expense $3,617
  • Operating Expense $64,690
  • Gross Income $113,268
  • Net Operating Income $8,557

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Professional Management Expense: 8040.00
  • Property Attached: Yes
  • Zoning: GLR4-10000*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5653018032
  • Year Built: 1961
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 397.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3617.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7734.00
  • Lot Size Acres: 0.1775

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 113268.00
  • Gross Scheduled Income: 9577.00
  • Insurance Expense: 3452.00
  • Lot Size Area: 7734.0000 Square Feet
  • Net Operating Income: 8557.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 1020.00
  • Rent Control: No
  • Total Expenses: 64690.00

Tax Info

  • Tax Census Tract: 3008.00
  • Tax Lot: 17
  • Tax Tract Number: 2292
  • TaxOtherAnnualAssessmentAmount: 1027.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/30/2025 05/30/25 Sold $2,375,000 +8.0% $398 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $2,200,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,573 $1,366,567 $956,601 $409,966
2024 $15,573 $1,339,773 $937,845 $401,928
2023 $15,234 $1,313,504 $919,456 $394,048
2022 $14,978 $1,287,750 $901,428 $386,322
2021 $14,705 $1,262,501 $883,753 $378,748
2019 $14,163 $1,225,057 $857,542 $367,515
2018 $13,864 $1,201,037 $840,728 $360,309
2016 $13,164 $1,154,402 $808,083 $346,319
2015 $12,904 $1,137,062 $795,945 $341,117
2014 $12,822 $1,114,789 $780,354 $334,435
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25099608

California Regional Multiple Listing Service (CRMLS)