$7,500,000

Estimated payment $47,459/month

Total Views 2,823
34 Beds
34 Baths
20,733 Sq Ft
$362 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • Granite Countertops
  • Subterranean Parking
  • Herbert Hoover High School Rated A-
  • Balcony
  • Intercom

About This Home

453 Ivy Street is a three-story, 17 plus 3 non-conforming unit multifamily property constructed in 1984 on a 14,959 square foot lot, with a total building size of 20,733 square feet. The neatly landscaped, controlled-access property is well maintained, separately metered for gas and electric (non-conforming units are master-metered), serviced by a central water heater, and offers an elevator and partial subterranean parking spaces with storage areas. Two units have individual garages within the parking structure. 453 Ivy Street boasts an excellent unit mix of 17 two-bedroom/two-bathroom units, a studio/one-bathroom unit, and two bachelor/one-bathroom units. The large units are approximately 1,150 square feet and offer laminate wood and tile flooring, a stove, a refrigerator, a microwave, a dishwasher, central air & heat, in-unit laundry (non-confirming units have shared a laundry room), recessed lighting, a fireplace, ample closet and storage space, and a balcony or patio. Select units have been renovated.

Listing Agent

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 06/17/2025

Co-Listing Agent

Jenny Eng

CBRE License #01931224

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 20,733 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Intercom

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 34 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 34 Parking Spaces
  • Subterranean Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Central Water Heater

Community Details

  • 17 Units
  • Vacancy Allowance $15,997

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5695-004-094

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 20733
  • Lot Acreage: 0.3435
  • Stories: 3
  • Year Built: 1984
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Range, Gas, Microwave
  • Bedrooms: 34
  • Kitchen Features: Granite Counters
  • Total Bathrooms: 34.00
  • Equipment: Elevator, Intercom, Range/Oven, Dishwasher, Microwave, Dryer, Washer
  • Price Per S Q F T: 361.74

Exterior Features

  • Construction: Frame, Stucco, Wood Siding
  • Other Structures: None
  • Patio: Balcony, Patio Open
  • Pool: No
  • Roof: Flat
  • Spa Yn: No

Garage/Parking

  • Covered Parking: 34
  • Parking Garage: Subterranean, Garage - 1 Car
  • Total Parking: 34

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Professional Management: 20689.00

Fee Information

  • Gas Expense: 1200.00
  • Insurance Expense: 15550.00
  • Maintenance Expense: 19400.00
  • Management Expense: 15600.00
  • Other Expense: 28250.00
  • Trash Expense: 9000.00

Lot Info

  • Assessor Parcel Number: 5695-004-094
  • Lot Size Area: 14964

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.07
  • Number Of Units: 17
  • Total Annual Expense: 197158
  • Type Of Units: Multifamily
  • Vacancy Allow: 15997
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 83669.00

Map

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
06/17/2025 06/17/25 For Sale $7,500,000 -- $362 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25550829

The MLS