NOT LISTED FOR SALE
9 Beds
5 Baths
4,518 Sq Ft
8,880 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $2,250,000 $498 Per Sq Ft

21 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Mountain View
  • No HOA
  • John C. Fremont Elementary School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of November 2021

5 Unit Apartment Building ($470,000 per untit)... DO NOT walk on the property without an appointment!! This mid-century treasure features 5 units consisting of 4 two bed/1 bath units, an attached house with 1 bed/1 bath with it's own small private yard, plus 5 single car garages, one for each unit. All units have their original hardwood floors. Two units will be delivered vacant. The 2 upstairs units feature gorgeous vaulted wood beam ceilings and balconies with spectacular mountain views, the 2 bottom units feature over-sized patios that also have mountain views (Unit B's patio measured at 450 square feet). Units are metered separately for gas and electricity. Owner pays water and trash. The laundry room has a coin operated washer and dryer that brings in extra income. The building has copper plumbing, updated electrical, and a 40 year roof that is approximately 17/18 years old. Award winning public schools too... Fremont Elementary, Rosemont Middle School, and Crescenta Valley High School. Also with a walkability score of 74, most errands can be done on foot. Nearby there is Vons, CVS, Marshall's, restaurants, Starbucks, the UA Movie Theater, & Verdugo Hills Hospital. A few blocks down is Montrose Shopping Park with it's hip restaurants, whimsical shops, a Sunday farmer's market, Trader Joes, and a public library. Other local amenities include hiking/biking trails and Descanso Gardens. *Financing option sheet available.

Last Agent to Sell the Property

Liz Vaughn Avila

Keller Williams R. E. Services License #01308383 Listed on: 10/15/2021

Keller Williams R. E. Services

Last Buyer's Agent

Pakrad Markarian

Remax Optima License #00952259

Remax Optima

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,880 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home

Parking

  • 5 Parking Spaces

Home Design

  • Midcentury Modern Architecture
  • Property Attached
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,518 Sq Ft Home
  • Workshop
  • Utility Room
  • Laundry Room
  • Mountain Views
  • Gas Oven

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5613003007

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Not Applicable 105 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Coin operated washer and dryer.
  • Price Per Unit: 450000
  • Property Attached: Yes
  • View: Yes
  • Zoning: GLR4*
  • Architectural Style: Mid Century Modern
  • Property Type: Residential Income
  • Parcel Number: 5613003007
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 498.01
  • Room Type: Utility Room, Workshop

Exterior Features

  • Direction Faces: East
  • View: Mountain(s)
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Community, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8880.00
  • Lot Size Acres: 0.2039

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8880.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5

Range of Values:

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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
11/12/2021 11/12/21 Sold $2,250,000 -4.3% $498 / Sq Ft
11/02/2021 11/02/21 Price Changed $2,350,000 -5.8% $520 / Sq Ft
10/15/2021 10/15/21 For Sale $2,495,000 -- $552 / 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: 320008057

California Regional Multiple Listing Service (CRMLS)