7436 Lankershim Blvd Los Angeles, CA 91605
Sun Valley NeighborhoodEstimated payment $7,979/month
Total Views
245,060
3
Beds
--
Bath
2,165
Sq Ft
$600
Price per Sq Ft
About This Home
We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of two 3 Bedroom Residential Units and one store-front retail space, currently offering a 6.4% CAP Rate. This property is sold in conjunction with 7444 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.
Listing Agent
LA Premier Realty Brokerage Email: info@lapremierrealty.com License #01869296 Listed on: 08/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,417
Year Built
- Built in 1942
Lot Details
- 5,660 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 3 Bedrooms
- 2,165 Sq Ft Home
- 1-Story Property
- Laundry in unit
Listing and Financial Details
- Tax Lot 43
- Tax Tract Number 4605
- Assessor Parcel Number 2316014019
- $377 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $103,200
- Net Operating Income $78,411
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,417 | $768,526 | $627,810 | $140,716 |
| 2024 | $9,417 | $753,457 | $615,500 | $137,957 |
| 2023 | $9,237 | $738,684 | $603,432 | $135,252 |
| 2022 | $8,811 | $724,200 | $591,600 | $132,600 |
| 2021 | $8,698 | $710,000 | $580,000 | $130,000 |
| 2019 | $7,831 | $637,023 | $490,022 | $147,001 |
| 2018 | $7,723 | $624,533 | $480,414 | $144,119 |
| 2016 | $7,371 | $600,284 | $461,760 | $138,524 |
| 2015 | $7,265 | $591,268 | $454,824 | $136,444 |
| 2014 | $7,290 | $579,687 | $445,915 | $133,772 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Price Changed | $1,300,000 | +8.4% | $600 / Sq Ft |
| 08/19/2024 08/19/24 | For Sale | $1,199,000 | -- | $554 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $710,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $520,000 | Fatcola | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | Commercial | |
| Previous Owner | $190,000 | Commercial |
Source: Public Records
About the Listing Agent
Real Estate Broker / President at LA Premier Realty since 2013.
David's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24169018
APN: 2316-014-019
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