NOT LISTED FOR SALE

4210 Cahuenga Blvd Los Angeles, CA 91602

6 Beds
6 Baths
4,062 Sq Ft
6,766 Sq Ft Lot

Last Sold November 08, 2019

Last sale price $1,685,000 $415 Per Sq Ft

8 Days on Market

About This Home

As of November 2019

Built in 1952, this 6-unit rental property is located in the sought after, celebrity-packed area of Toluca Lake. Both rental and residential sale markets are unbeatable in this area. Million dollar homes around the corner! The property is minutes from Universal and Burbank Studios, Toluca Lake Village with an abundance of restaurants and stores, the NoHo Arts District, Tujunga Village, and Studio City’s main hub at Ventura Blvd and Laurel Canyon. This multi-family investment property provides an excellent rental location with additional upside in rental income.

Last Agent to Sell the Property

Alisa Cunningham

Douglas Elliman of California, Inc. License #01719178 Listed on: 10/03/2019

Douglas Elliman of California, Inc.

Co-Listed By

Dan Sanchez

Engel & Völkers Burbank License #01258134

Engel & Völkers Burbank

Last Buyer's Agent

Dan Sanchez

Engel & Völkers Burbank License #01258134

Engel & Völkers Burbank

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,766 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 4,062 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number 2424040003

Community Details

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,260
  • Insurance Expense $2,500
  • New Taxes Expense $22,063
  • Operating Expense $44,948
  • Gross Income $97,596
  • Net Operating Income $52,648

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • CapRate: 2.98
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2424040003
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 414.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6766.00
  • Lot Size Acres: 0.1553

Multi Family

  • Electric Expense: 1260.00
  • Gross Income: 97596.00
  • Gross Scheduled Income: 97596.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6766.0000 Square Feet
  • Net Operating Income: 52648.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 44948.00
  • Rent Control: Yes
  • Total Expenses: 44948.00

Tax Info

  • New Taxes Expense: 22063.00
  • Tax Census Tract: 1431.00
  • Tax Lot: 241
  • Tax Tract Number: 0000

Range of Values:

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Average Value
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Sold Price
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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
11/08/2019 11/08/19 Sold $1,685,000 -4.5% $415 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $1,765,000 -- $435 / 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: BB19234425

California Regional Multiple Listing Service (CRMLS)