$2,650,000
PENDING

Estimated payment $16,769/month

Total Views 584
13 Beds
13 Baths
11,511 Sq Ft
$230 Price per Sq Ft

Highlights

  • 0.39 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Van Nuys High School Rated A
  • Laundry Room
  • 1-minute walk to Fulton Ave Park

About This Home

Seismic retrofit completed
new roof
new copper plumbing
new electric sub panels

Listing Agent

Marty Duran

Top Properties. Brokerage Phone: 8182717995 License #00899104 Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 11,511 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 16 Parking Spaces
  • 16 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 95
  • Tax Tract Number 1081
  • Assessor Parcel Number 2328015025
  • $2,225 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 16 Leased Units
  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Gardener Expense $2,295
  • Insurance Expense $7,927
  • Maintenance Expense $12,379
  • Other Expense $4,881
  • Pest Control $540
  • Professional Management Expense $12,379
  • Trash Expense $8,141
  • Water Sewer Expense $20,014
  • New Taxes Expense $33,125
  • Operating Expense $101,699
  • Gross Income $242,699
  • Net Operating Income $141,000

Additional Features

  • 16 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: Yes
  • Ad Number: Marty
  • CapRate: 5.30
  • Other Phone Description: 8182717995
  • Price Per Unit: 165625
  • Professional Management Expense: 12379.00
  • Property Attached: Yes
  • Water Sewer Expenses: 20014.00
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2295.00
  • Parcel Number: 2328015025
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Entry Location: street
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 230.21

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 16.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 540.00
  • Sewer: Public Sewer
  • Trash Expense: 8141.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16826.00
  • Lot Size Acres: 0.3863

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Average Studio Area: 500 Square Feet
  • Gross Multiplier: 10.70
  • Gross Operating Income: 242699.00
  • Gross Scheduled Income: 247580.00
  • Insurance Expense: 7927.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 3485.00
  • Lot Size Area: 16826.0000 Square Feet
  • Maintenance Expense: 12379.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 141000.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Number Wall A C: 16
  • Number With Disposal: 16
  • Number With Range: 16
  • Operating Expense: 101699.00
  • Operating Expense Percent: 41.00
  • Other Expense: 4881.00
  • Other Expense Description: gas
  • Other Income1: 3588.00
  • Other Income Description: earthquake retrofit reimburse
  • Rent Control: Yes
  • Total Actual Rent: 20340.00
  • Total Expenses: 101699.00
  • Vacancy Allowance: 4881
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 33125.00
  • Tax Census Tract: 1235.10
  • Tax Lot: 95
  • Tax Tract Number: 1081
  • TaxOtherAnnualAssessmentAmount: 2225.00

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
08/11/2025 08/11/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $2,650,000 -- $230 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25169584

California Regional Multiple Listing Service (CRMLS)