NOT LISTED FOR SALE

4279 Stern Ave Sherman Oaks, CA 91423

8 Beds
7 Baths
8,658 Sq Ft
8,512 Sq Ft Lot

Last Sold July 31, 2013

Last sale price $1,876,000 $217 Per Sq Ft

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Carpet
  • Ulysses S. Grant Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2013

South of the boulevard surrounded by million dollar homes. Walking distance to dining, shopping and entertainment on Ventura Blvd. Six townhouse style units (2)1+1.5 with a loft, (1) 2+2, (2) 2+2.5 and (1) 3+2.5 unit approximately 2300 Sq.Ft. with granite kitchen counters and patio off of living room that would be ideal for an owner user. Additionally, the property is convinientaly located near the 101 and 405 freeways providing for easy access to both Los Angeles, Hollywood, and the Westside and beach cities.

Last Agent to Sell the Property

Mario Simone

The Olson Agency License #01001099 Listed on: 06/12/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,512 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 8,658 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 4954
  • Assessor Parcel Number 2206017021

Community Details

Overview

  • 6 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,362
  • Insurance Expense $3,310
  • Maintenance Expense $3,000
  • Trash Expense $800
  • Water Sewer Expense $3,600
  • New Taxes Expense $23,125
  • Gross Income $10,885
  • Net Operating Income $92,358

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.50
  • Other Phone Description: 818 535-8490
  • Other Phone Number: 818 332-4426
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 2206017021
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 216.68

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Valley

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8512.00
  • Lot Size Acres: 0.1950

Multi Family

  • Electric Expense: 1362.00
  • Gross Income: 10885.00
  • Gross Scheduled Income: 130620.00
  • Insurance Expense: 3310.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8512.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 92358.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 36445.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 23125.00
  • Tax Lot: 21
  • Tax Tract Number: 4954

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 List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $1,876,000 +1.4% $217 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $1,850,000 -- $214 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mario Simone

    The Olson Agency

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13104244

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Sherman Oaks 91423

4279 Stern Ave, Sherman Oaks, CA

This home is located at 4279 Stern Ave, Sherman Oaks, CA 91423 since 12 June 2013. This property was built in 1968. 4279 Stern Ave is a home located in Los Angeles County with nearby schools including Ulysses S. Grant Senior High School, Dixie Canyon Avenue Elementary School, and Sherman Oaks Elementary Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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