NOT LISTED FOR SALE
11 Beds
10 Baths
6,834 Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: September 15, 2016

Last sale price $1,695,000 $248 Per Sq Ft

278 Days on Market

Highlights

  • 23,989 Sq Ft lot
  • Carport
  • 4-minute walk to North Atwater Park
  • Glenfeliz Boulevard Elementary Rated 9+

About This Home

As of September 2016

4th PRICE REDUCTION! This unique 9 unit multi-family investment, located a couple blocks from the rediscovered L.A. River and Griffith Park, consists of 3 structures, including a horse stable on a nearly 24,000 square foot lot in Atwater Village, one of Los Angeles' most desirable, walkable neighborhoods. Amenities in this uniquely rustic property include a pool, balconies, and ample parking. All units other than a 2+1 apartment unit, are spacious, private 1 bed 1 bath apartments. The asset is ideally located in a beautiful, quiet, tree-lined horse property area, surrounded by ranch-style homes, stables, and North Atwater Park. This asset shows tremendous potential for an investor or owner-occupant to add value, achieve market-level rents and enjoy stable cash flow in the long term.

Last Agent to Sell the Property

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 08/31/2015

Last Buyer's Agent

Laura Markosian

Coldwell Banker Realty License #01291002

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.55

Interior Spaces

  • 6,834 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Parking

  • 11 Parking Spaces
  • Carport

Additional Features

  • 23,989 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5594-020-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.55 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6834
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 10.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 263.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached, Carport Detached
  • Total Parking: 11

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 481340
  • Assessed Land Value: 695898
  • Assessor Parcel Number: 5594-020-008
  • Geocode Override: No
  • Lot Size Area: 23989

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.53
  • Number Of Units: 9
  • Rent Control: 100
  • Type Of Units: apt
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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
$1,695,000 Fidelity Sherman Oaks
$1,015,000 Fidelity National Title Co
-- --
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
Closed $1,235,000
Closed --
Closed $1,000,000
Closed $700,000
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
09/15/2016 09/15/16 Sold $1,695,000 -5.8% $248 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $1,800,000 0.0% $263 / Sq Ft
05/19/2016 05/19/16 Price Changed $1,800,000 -19.9% $263 / Sq Ft
02/27/2016 02/27/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $2,248,000 -- $329 / 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 $25,534 $1,967,189 $1,386,897 $580,292
2024 $25,095 $1,928,617 $1,359,703 $568,914
2023 $24,636 $1,890,802 $1,333,043 $557,759
2022 $23,552 $1,853,728 $1,306,905 $546,823
2021 $23,256 $1,817,381 $1,281,280 $536,101
2020 $23,506 $1,798,747 $1,268,143 $530,604
2019 $22,628 $1,763,478 $1,243,278 $520,200
2018 $22,326 $1,728,900 $1,218,900 $510,000
2016 $15,989 $1,219,070 $720,626 $498,444
2015 $15,773 $1,200,759 $709,802 $490,957
2014 $15,888 $1,177,238 $695,898 $481,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-938005

The MLS
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