NOT LISTED FOR SALE
14 Beds
13 Baths
9,516 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: October 8, 2018

Last sale price $4,750,000 $499 Per Sq Ft

38 Days on Market

About This Home

As of October 2018

3267-71 Rowena Avenue is an exceptional multifamily asset with 12 total apartment homes on an enormous + / - 20,895 SF parcel. The improvements include 12 total units, a 10 unit apartment community, a large single-family home and a poolside Bungalow. The unit composition features Ten (10) 1 Bedroom - 1 Bathroom apartment homes, a 3 Bedroom - 2 Bathroom Single Family Home and a 1 Bedroom - 1 Bathroom bungalow adjacent to the private swimming pool and cabana. 3267-71 Rowena Avenue, situated on a large 20,895 square foot parcel features an amenity package including common area laundry facilities, swimming pool and cabana and a systems package with separate electrical/gas utilities, separate water heaters and common area laundry facilities. Parking is provided for 14 vehicles in both garage and open spaces. 3267-71 Rowena can be purchased individually or as a portfolio with 3207 Rowena (10 Units) and 3261 Rowena (10 Units). Please contact listing agents for full marketing package.

Last Agent to Sell the Property

Adam Zunder

Pacifica Capital License #01821053 Listed on: 07/16/2018

Co-Listed By

Rich Johns

KW Commercial Studio City License #01432215

Last Buyer's Agent

Adam Zunder

Pacifica Capital License #01821053 Listed on: 07/16/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.48

Interior Spaces

  • 9,516 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms

Parking

  • 14 Parking Spaces
  • Assigned Parking

Additional Features

  • 20,895 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5434-006-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9516
  • Stories: 3
  • Year Built: 1934
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 551.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 14

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 1306662
  • Assessed Land Value: 2174665
  • Assessor Parcel Number: 5434-006-007
  • Geocode Override: No
  • Lot Size Area: 20895

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
  • Gross Rent Multiplier: 15.90
  • Number Of Units: 12
  • Type Of Units: Apartments

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

Closed on
Jan 9, 2023
Sold by
Bought by

Purchase Details

Listed on
Jul 16, 2018
Closed on
Sep 24, 2018
Sold by
Bought by
Seller's Agent
Adam Zunder
Pacifica Capital
Buyer's Agent
Adam Zunder
Pacifica Capital
List Price
$5,250,000
Sold Price
$4,750,000
Premium/Discount to List
-$500,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 11, 2014
Closed on
Sep 30, 2014
Sold by
Bought by
Seller's Agent
Rich Johns
KW Commercial Studio City
Buyer's Agent
Ara Terminassian
List Price
$3,850,000
Sold Price
$3,180,500
Premium/Discount to List
-$669,500
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$3,500,000
Interest Rate
0.0407%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2013
Sold by
Bought by
Source: Public Records
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

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
-- Fidelity National Title
$12,000,000 First American Title Insuran
$6,362,000 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $7,200,000
Previous Owner $2,595,000
Previous Owner $3,500,000
Previous Owner $1,312,500
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 Prior Sale
10/08/2018 10/08/18 Sold $4,750,000 -9.5% $499 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $5,250,000 +65.1% $552 / Sq Ft
10/02/2014 10/02/14 Sold $3,180,500 -17.4% $334 / Sq Ft View Prior Sale
09/15/2014 09/15/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $3,850,000 -- $405 / Sq Ft
Source: The MLS

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 $61,660 $5,019,831 $3,569,659 $1,450,172
2024 $60,965 $4,921,404 $3,499,666 $1,421,738
2023 $59,793 $4,824,907 $3,431,046 $1,393,861
2022 $57,041 $4,730,302 $3,363,771 $1,366,531
2021 $56,337 $4,637,552 $3,297,815 $1,339,737
2020 $56,923 $4,590,300 $3,264,000 $1,326,300
2019 $54,680 $4,500,300 $3,200,000 $1,300,300
2018 $44,040 $3,551,253 $2,218,158 $1,333,095
2016 $42,056 $3,413,067 $2,132,025 $1,281,042
2015 $41,450 $3,361,800 $2,100,000 $1,261,800
2014 $5,127 $299,963 $137,980 $161,983
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-365728

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.