$1,925,000
SOLD MAR 15, 2016 RENTED DEC 31, 2024
14 Beds
14 Baths
8,685 Sq Ft
7,756 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • City Lights View
  • Carpet
  • Wall Furnace
  • Paved or Partially Paved Lot

About This Home

As of October 2020

First time on the market in 50 years. Excellent 2 story building near View Park- Windsor Hills. Spacious apartments with 8,685 sq ft, per assessor. The apartments feature carpet and/or laminate hardwood flooring. The kitchens feature ample cabinets and counterspace. Consists of (four) 1+1 and (five) 2+2 apartments. Actual annual gross $143,760. Gated security building. The property was built in 1959 and is set on a 7,756 sq ft (per assessor) lot. The units have varying floor plans and amenities.

Last Agent to Sell the Property

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 11/24/2015

Keller Williams Realty Calabasas

Last Buyer's Agent

Anie Mayelian

Keller Williams Realty Calabasas License #00778825 Listed on: 11/24/2015

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,756 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 1 Car Garage
  • 4 Carport Spaces

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 8,685 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 11482
  • Assessor Parcel Number 5008016010

Community Details

Overview

  • 9 Units

Building Details

  • 9 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $2,921
  • Other Expense $6,324
  • Trash Expense $1,621
  • New Taxes Expense $24,812
  • Gross Income $11,980
  • Net Operating Income $100,397

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5008016010
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 221.65

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Trash Expense: 1621.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 7756.00
  • Price Per Lot Square Foot: 248.19
  • Lot Size Acres: 0.1780

Multi Family

  • Gross Income: 11980.00
  • Gross Scheduled Income: 143760.00
  • Insurance Expense: 2921.00
  • Lot Size Area: 7756.0000 Square Feet
  • Net Operating Income: 100397.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 39050.00
  • Other Expense: 6324.00
  • Other Expense Description: DWP
  • Rent Control: Yes
  • Total Actual Rent: 11830.00
  • Vacancy Allowance: 4313
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24812.00
  • Tax Lot: 10
  • Tax Tract Number: 11482

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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
12/31/2024 12/31/24 Rented $2,100 0.0% --
11/26/2024 11/26/24 Price Changed $2,100 -16.0% $2 / Sq Ft
11/26/2024 11/26/24 For Rent $2,500 +25.0% --
07/22/2024 07/22/24 Rented $2,000 0.0% --
06/24/2024 06/24/24 For Rent $2,000 -21.6% --
11/29/2023 11/29/23 Rented $2,550 -1.9% --
10/28/2023 10/28/23 For Rent $2,600 +31.6% --
03/22/2023 03/22/23 Rented $1,975 -1.3% --
02/28/2023 02/28/23 Price Changed $2,000 +1.3% $0 / Sq Ft
02/16/2023 02/16/23 For Rent $1,975 0.0% --
10/15/2020 10/15/20 Sold $1,958,000 -0.9% $225 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,975,000 0.0% $227 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,975,000 +2.6% $227 / Sq Ft
03/15/2016 03/15/16 Sold $1,925,000 -3.0% $222 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $1,985,000 -- $229 / 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: SR15252246

California Regional Multiple Listing Service (CRMLS)