NOT LISTED FOR SALE

7122 Amigo Ave Reseda, CA 91335

3 Beds
4 Baths
16,816 Sq Ft
12,001 Sq Ft Lot

Last Sold July 23, 2019

Last sale price $5,000,000 $297 Per Sq Ft

88 Days on Market

Highlights

  • Den
  • Laundry Room
  • Central Air
  • Home Security System
  • Tile Flooring
  • Grab Bar In Bathroom

About This Home

As of July 2019

7122 Reseda is an ideal, midsize building, centrally located in the valley, near major education hubs such as Pierce College and Cal State Northridge. The spacious open kitchen/living & dining room areas give way, too many options for decorating. Warner Business Center, Northridge Mall and Westfield Topanga Mall along with the tony Village and its numerous restaurants and shops are minutes away. Major transportation access via the Orange Line, Orange Line Bike Path and 101 and 118 freeways make it an optimal spot for any travel accommodation. Come tour your new home today!

"Pricing subject to change without notice*

Last Agent to Sell the Property

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 03/25/2019

Keller Williams Realty Downey

Co-Listed By

Mark Witsken

KW Advisors License #01884724

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2013

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 25 Car Garage

Home Design

  • Property Attached
  • Copper Plumbing

Interior Spaces

  • 16,816 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Den
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • Grab Bar In Bathroom
  • Central Air

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 131020
  • Assessor Parcel Number 2126006017

Community Details

Building Details

  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,268
  • Fuel Expense $6,268
  • Gardener Expense $1,200
  • Insurance Expense $5,136
  • Maintenance Expense $3,320
  • Other Expense $5,600
  • Pest Control $1,000
  • Professional Management Expense $16,331
  • Trash Expense $7,368
  • Water Sewer Expense $6,268
  • New Taxes Expense $64,067
  • Operating Expense $126,809
  • Gross Income $326,610
  • Net Operating Income $199,801

Additional Features

  • 14 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2013

Lot Details

0.28 Acres

Parking

25

Listing Details

  • Professional Management Expense: 16331.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Security System
  • Water Sewer Expenses: 6268.00
  • Zoning: LARAS3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2126006017
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full, Elevator
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Price Per Square Foot: 297.34
  • Room Type: Den

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 25.00
  • Total Parking Spaces: 25.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Microwave
  • Laundry Features: Community
  • Pest Control Expense: 1000.00
  • Sewer: Public Sewer
  • Trash Expense: 7368.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 11999.00
  • Lot Size Acres: 0.2755

Multi Family

  • Electric Expense: 6268.00
  • Fuel Expense: 6268.00
  • Garage Income: 1800.00
  • Gross Income: 326610.00
  • Gross Scheduled Income: 343800.00
  • Insurance Expense: 5136.00
  • Laundry Income: 8400.00
  • Lot Size Area: 11999.0000 Square Feet
  • Maintenance Expense: 3320.00
  • Net Operating Income: 199801.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 126809.00
  • Other Expense: 5600.00
  • Other Expense Description: Elevator
  • Other Income1: 4200.00
  • Other Income Description: Storage
  • Rent Control: No
  • Total Expenses: 126809.00

Tax Info

  • New Taxes Expense: 64067.00
  • Tax Census Tract: 1310.20
  • Tax Lot: 19
  • Tax Tract Number: 131020
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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 Prior Sale
10/27/2022 10/27/22 Price Changed $2,450 -1.8% $2 / Sq Ft
10/04/2022 10/04/22 Price Changed $2,495 -3.9% $2 / Sq Ft
08/11/2022 08/11/22 For Rent $2,595 0.0% --
07/23/2019 07/23/19 Sold $5,000,000 -5.2% $297 / Sq Ft
03/25/2019 03/25/19 For Sale $5,275,000 +19.1% $314 / Sq Ft
03/24/2017 03/24/17 Sold $4,430,000 +1.8% $263 / Sq Ft View Prior Sale
02/06/2017 02/06/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $4,350,000 -- $259 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $68,812 $5,670,180 $1,425,348 $4,244,832
2024 $68,812 $5,559,000 $1,397,400 $4,161,600
2023 $67,489 $5,450,000 $1,370,000 $4,080,000
2022 $62,156 $5,152,836 $1,288,209 $3,864,627
2021 $61,341 $5,051,800 $1,262,950 $3,788,850
2020 $61,960 $5,000,000 $1,250,000 $3,750,000
2019 $55,618 $4,608,972 $1,175,652 $3,433,320
2018 $55,315 $4,518,600 $1,152,600 $3,366,000
2016 $42,278 $3,469,040 $880,204 $2,588,836
2015 $41,660 $3,416,933 $866,983 $2,549,950
2014 $4,720 $302,266 $302,266 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19065793

California Regional Multiple Listing Service (CRMLS)

APN: 2126-006-017

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