NOT LISTED FOR SALE
10 Beds
7 Baths
4,263 Sq Ft
6,250 Sq Ft Lot

Last Sold September 05, 2019

Last sale price $1,200,000 $281 Per Sq Ft

1 Day on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • Parking Storage or Cabinetry
  • Rio Vista Elementary Rated A-
  • Laundry Room
  • Chain Link Fence

About This Home

As of September 2019

Investors! Don't miss out on this 5 unit apartment complex priced to sell! Located in the West Toluca Lake area where the 134, 101, & 170 freeways meet. Desirable location close to Universal Studios, Warner bros, Disney, and Valley Village Park. Owners have retired and are moving out of area. Other properties in the area that are smaller and have fewer units have sold for much more. Zoned LAC2. Great opportunity to get a property with lots of potential!

Last Agent to Sell the Property

Robert Rivera

COLDWELL BANKER LEADERS License #01342808 Listed on: 07/11/2019

COLDWELL BANKER LEADERS

Last Buyer's Agent

Robert Rivera

COLDWELL BANKER LEADERS License #01342808 Listed on: 07/11/2019

COLDWELL BANKER LEADERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,250 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Level Lot

Home Design

  • Apartment
  • Slab Foundation

Interior Spaces

  • 4,263 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Car Garage
  • 2 Open Parking Spaces
  • 4 Carport Spaces
  • Public Parking
  • Parking Storage or Cabinetry
  • Parking Available

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, telephone, trash collection, water
  • Tax Lot 255
  • Tax Tract Number 46
  • Assessor Parcel Number 2421028010

Community Details

Overview

  • 5 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Net Operating Income $67,296

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: cell
  • Other Phone Number: 714-510-7996
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2421028010
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 281.49

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Carport, Public
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • 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: Level with Street, Near Public Transit
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone, Trash Collection, Water

Multi Family

  • Gross Scheduled Income: 67296.00
  • Lot Size Area: 6250.0000 Square Feet
  • Net Operating Income: 67296.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1254.02
  • Tax Lot: 255
  • Tax Tract Number: 46

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
09/05/2019 09/05/19 Sold $1,200,000 0.0% $281 / Sq Ft
07/11/2019 07/11/19 For Sale $1,200,000 -- $281 / 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: IV19163957

California Regional Multiple Listing Service (CRMLS)