NOT LISTED FOR SALE
6 Beds
5 Baths
5,968 Sq Ft
7,734 Sq Ft Lot

Sale Details

Date Sold: May 30, 2025

Last sale price $2,375,000 $398 Per Sq Ft

8 Days on Market

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 in unit

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

7,734 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
May 19, 2025
Sold by
Bought by
Seller's Agent
Claudia Montoya
Keller Williams R. E. Services
Buyer's Agent
Anika Mar
JohnHart Real Estate
List Price
$2,200,000
Sold Price
$2,375,000
Premium/Discount to List
$175,000
7.95%
Views
10

Purchase Details

Closed on
Jan 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,375,000 Chicago Title Company
$535,000 Old Republic Title Company
-- First American Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,591 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25099608

California Regional Multiple Listing Service (CRMLS)
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