NOT LISTED FOR SALE
2 Beds
3 Baths
11,484 Sq Ft
13,983 Sq Ft

Last Sold January 06, 2015

Last sale price $1,750,000 $152 Per Sq Ft

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Built-In Features
  • Placerita Junior High School Rated A
  • No HOA
  • Living Room

About This Home

As of January 2015

Keller Williams in pleased to represent this well maintained building in the Newhall area of Santa Clarita. This property enjoys close proximity to old town Newhall, all schools, the metro station, Cal Arts and the College of the Canyons. The building consists of 9 spacious townhouse style units that are 3 story with 2 bedrooms and 2.5 baths and one single unit. The building is 11,484 sq. ft. and is on a large 14,462 sq. ft. lot. There are laundry hook-ups in each unit and central heat and air. All units have a large attached double car garage and there is a security gate for the property. The interior photos are of the front unit that has been renovated with new carpeting, laminate flooring in the dining room, new plumbing fixtures,lighting fixtures and freshly paint. There is good upside for rents. Please click on the supplements to download a marketing brochure.

Last Agent to Sell the Property

Joyce Starleaf

Equity Union License #00782682 Listed on: 10/29/2014

Equity Union

Co-Listed By

Danny Hart

No Firm Affiliation License #01365358

Last Buyer's Agent

Danny Hart

No Firm Affiliation License #01365358

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • 1 Common Wall
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre

Parking

  • 20 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Interior Block Wall

Interior Spaces

  • 11,484 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 65
  • Tax Tract Number 5844
  • Assessor Parcel Number 2855013048

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • 10 Leased Units
  • 11 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,911
  • Insurance Expense $4,180
  • Maintenance Expense $9,506
  • Pest Control $2,070
  • Professional Management Expense $8,550
  • Trash Expense $1,962
  • Water Sewer Expense $3,782
  • New Taxes Expense $21,000
  • Gross Income $142,500
  • Net Operating Income $86,489

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.32 Acres

Parking

20

Listing Details

  • CapRate: 4.94
  • Professional Management Expense: 8550.00
  • Property Attached: Yes
  • Subdivision Name Other: Custom Newhall 1 (CNEW1)
  • Water Sewer Expenses: 3782.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 2855013048
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Block Walls, Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 152.39
  • Room Type: All Bedrooms Up, Living Room, Master Suite

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 20.00
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 2070.00
  • Trash Expense: 1962.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Sprinklers Timer
  • Lot Size Sq Ft: 13962.00
  • Lot Size Acres: 0.3210

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1911.00
  • Gross Income: 142500.00
  • Gross Multiplier: 12.28
  • Gross Scheduled Income: 142500.00
  • Insurance Expense: 4180.00
  • Lot Size Area: 13962.0000 Square Feet
  • Maintenance Expense: 9506.00
  • Net Operating Income: 86489.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 53161.00
  • Rent Control: No
  • Total Actual Rent: 11875.00

Tax Info

  • New Taxes Expense: 21000.00
  • Tax Lot: 65
  • Tax Tract Number: 5844
  • Tax Year: 2013
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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
01/06/2015 01/06/15 Sold $1,750,000 0.0% $152 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $1,750,000 -- $152 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14232366

California Regional Multiple Listing Service (CRMLS)
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