NOT LISTED FOR SALE
8 Beds
5 Baths
10,627 Sq Ft
0.34 Acres

Last Sold September 30, 2019

Last sale price $3,200,000 $301 Per Sq Ft

7 Days on Market

Highlights

  • 0.34 Acre Lot
  • Eagle Rock Elementary School Rated A-
  • Laundry Room

About This Home

As of September 2019

The properties at 4910-4918 N North Maywood Ave, in the city of Los Angeles is comprised of (4) one-bed/one-bath unit, (4) two-bed/one-bath units, (4) two-bed/one and a half bath units, and (1) three-bed/two-bath unit. Together these apartments come to 10,627 square feet of rentable space on 14,980 square feet of land. The complex includes features such as individual A/C wall units, carport parking, and on-site laundry rooms.
Located on Maywood Ave in the city of Los Angeles, this property enjoys easy access to the Occidental College, Kidspace Children’s Museum, Elysian Park, Highland Park Station, and numerous restaurants along Eagle Rock Boulevard. Furthermore, the building sits mere minutes away from the Glendale 2 freeway, 134 Freeway, and a short distance away from Glendale, Pasadena, Atwater Village and Glenoaks Canyon.

Last Agent to Sell the Property

Reza Ghobadi

Reza Ghobadi License #01780045 Listed on: 07/17/2019

Last Buyer's Agent

Reza Ghobadi

Reza Ghobadi License #01780045 Listed on: 07/17/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Two or More Common Walls

Home Design

  • 10,627 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 181400
  • Assessor Parcel Number 5686015019

Community Details

Overview

  • 2 Buildings
  • 13 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • Electric Expense $8,368
  • Fuel Expense $6,893
  • Gardener Expense $540
  • Insurance Expense $3,200
  • Maintenance Expense $6,500
  • Pest Control $720
  • Professional Management Expense $7,885
  • Trash Expense $4,410
  • Water Sewer Expense $19,524
  • New Taxes Expense $38,870
  • Operating Expense $96,882
  • Gross Income $203,172
  • Net Operating Income $99,539

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • CapRate: 3.06
  • Professional Management Expense: 7885.00
  • Property Attached: Yes
  • Water Sewer Expenses: 19524.00
  • Zoning: LARD3
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 5686015019
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 301.12

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 720.00
  • Sewer: Public Sewer
  • Trash Expense: 4410.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14980.00
  • Lot Size Acres: 0.3439

Multi Family

  • Electric Expense: 8368.00
  • Fuel Expense: 6893.00
  • Gross Income: 203172.00
  • Gross Multiplier: 16.20
  • Gross Operating Income: 1971311.00
  • Gross Scheduled Income: 200640.00
  • Insurance Expense: 3200.00
  • Laundry Income: 1800.00
  • Lot Size Area: 14980.0000 Square Feet
  • Maintenance Expense: 6500.00
  • Net Operating Income: 99539.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Units Total: 13
  • Operating Expense: 96882.00
  • Rent Control: Yes
  • Total Expenses: 96882.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 38870.00
  • Tax Census Tract: 1814.00
  • Tax Lot: 2
  • Tax Tract Number: 181400

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
09/30/2019 09/30/19 Sold $3,200,000 -1.5% $301 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $3,250,000 -- $306 / 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: SR19170743

California Regional Multiple Listing Service (CRMLS)