$1,175,000
SOLD AUG 4, 2017
3 Beds
3 Baths
4,116 Sq Ft
7,495 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

16% Below List Price

399 Days on Market

Highlights

  • No HOA
  • Abraham Lincoln High School Rated A
  • Paved or Partially Paved Lot

About This Home

As of November 2020

Huron Apartments is a lovely 10-unit apartment complex in a gentrified neighborhood of Cypress Park within the city of Los Angeles, California. Set on a 7,495-square foot lot, the 4,116-square-foot property consists of 2 two-story buildings and features five studios and 5 one- and two bedroom apartment homes. Built in 1950, the property offers an excellent unit mix, easy freeway access to the 5 & 110 Freeways and over 50% rental upside.

Huron Apartments is located along Huron Street between North San Fernando Road to the west and Cypress Avenue to the east. Th e 110 Freeway is south and the 5 Freeway is west.

Last Agent to Sell the Property

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 03/21/2016

Warren Lee Berzack

Last Buyer's Agent

Jared Levine

Keller Williams Realty Calabasas License #01804008

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,495 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • Property Attached

Interior Spaces

  • 4,116 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5446008007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,200
  • Insurance Expense $2,500
  • Maintenance Expense $4,101
  • Other Expense $1,315
  • Pest Control $600
  • Supplies Expense $300
  • Trash Expense $1,800
  • Water Sewer Expense $4,000
  • New Taxes Expense $17,438
  • Operating Expense $38,932
  • Gross Income $8,227
  • Net Operating Income $57,417

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 300.00
  • Water Sewer Expenses: 4000.00
  • Property Type: Residential Income
  • Parcel Number: 5446008007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 285.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 600.00
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7495.00
  • Price Per Lot Square Foot: 186.12

Multi Family

  • Electric Expense: 5200.00
  • Gross Income: 8227.00
  • Gross Scheduled Income: 99329.00
  • Insurance Expense: 2500.00
  • Laundry Income: 600.00
  • Maintenance Expense: 4101.00
  • Net Operating Income: 57417.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 38932.00
  • Other Expense: 1315.00
  • Other Expense Description: Misc.
  • Rent Control: Yes
  • Total Expenses: 38932.00

Tax Info

  • New Taxes Expense: 17438.00
  • Tax Lot: 1
  • Tax Tract Number: 1

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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 Change Sq Ft Price
11/13/2020 11/13/20 Sold $1,255,000 -8.7% $305 / Sq Ft
10/06/2020 10/06/20 Price Changed $1,375,000 +0.1% $334 / Sq Ft
09/30/2020 09/30/20 Price Changed $1,374,000 -0.1% $334 / Sq Ft
09/22/2020 09/22/20 For Sale $1,375,000 +17.0% $334 / Sq Ft
08/04/2017 08/04/17 Sold $1,175,000 -15.8% $285 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,395,000 -- $339 / 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: SR16059526

California Regional Multiple Listing Service (CRMLS)