$1,325,000
SOLD JUL 15, 2025
7 Beds
6 Baths
3,972 Sq Ft
6,364 Sq Ft Lot

Recently Sold

$334 Per Sq Ft

15% Below List Price

78 Days on Market

Highlights

  • Midcentury Modern Architecture
  • 4 Car Attached Garage
  • 2 Attached Carport Spaces
  • Wood Flooring
  • Tile Countertops
  • Laundry Facilities

About This Home

As of July 2025

This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!

Last Agent to Sell the Property

David Rosenfeld

Advantage Real Estate License #01109090 Listed on: 03/03/2025

Last Buyer's Agent

Rania Suroor

Terra Conejo Properties, Inc. License #01718118

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,362 Sq Ft Lot
  • Lot Dimensions are 50x115

Parking

  • 4 Car Attached Garage
  • 2 Attached Carport Spaces

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 3,972 Sq Ft Home
  • Wood Flooring
  • Tile Countertops
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Sewer in Street

Community Details

  • 6 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 4103-021-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

6,362 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Floor: 1
  • Living Area: 3972
  • Lot Acreage: 0.1461
  • Lot Dimensions: 50x115
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 7
  • Common Walls: Attached
  • Kitchen Features: Tile Counters
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 352.22

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Pool: No
  • Roof: Rolled/Hot Mop
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 4
  • Covered Parking: 6
  • Parking Garage: Carport Attached, Garage Is Attached
  • Total Parking: 6

Utilities

  • Electric Expense: 797.00
  • Heating: Wall
  • Sewer: In Street
  • Water: Water District, Meter on Property
  • Water Expense: 3617.00

Fee Information

  • Gas Expense: 206.00

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 173789
  • Assessed Land Percent: 70
  • Assessed Land Value: 405524
  • Total Assessed Value: 579313
  • Assessor Parcel Number: 4103-021-014
  • Lot Size Area: 6362

Rental Info

  • Total Actual Rent: 94164.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 16.56
  • Number Of Units: 6
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 19488.00
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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 List to Sale Price per Sq Ft
07/15/2025 07/15/25 Sold $1,325,000 -5.3% $334 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
05/17/2025 05/17/25 Price Changed $1,399,000 -6.4% $352 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,495,000 -4.1% $376 / Sq Ft
03/03/2025 03/03/25 For Sale $1,559,000 -- $392 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,841 $590,898 $413,634 $177,264
2024 $7,841 $579,313 $405,524 $173,789
2023 $7,707 $567,955 $397,573 $170,382
2022 $7,381 $556,820 $389,778 $167,042
2021 $7,274 $545,903 $382,136 $163,767
2019 $7,075 $529,712 $370,802 $158,910
2018 $6,994 $519,327 $363,532 $155,795
2016 $6,626 $499,163 $349,416 $149,747
2015 $6,538 $491,666 $344,168 $147,498
2014 $6,598 $482,036 $337,427 $144,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25504277

The MLS
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