7444 Lankershim Blvd Los Angeles, CA 91605
Sun Valley NeighborhoodEstimated payment $7,977/month
Total Views
261,332
3
Beds
--
Bath
2,052
Sq Ft
$609
Price per Sq Ft
Highlights
- Laundry Room
- John H. Francis Polytechnic Rated A-
- 1-Story Property
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 One 3 Bedroom Residential Units and TWO store-front retail space, as well as an opportunity to convert the garage into an ADU. This property is sold in conjunction with 7436 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
- $12,870
Year Built
- Built in 1945
Lot Details
- 5,626 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Property Attached
Interior Spaces
- 3 Bedrooms
- 2,052 Sq Ft Home
- 1-Story Property
- Laundry Room
Listing and Financial Details
- Tax Lot 44
- Tax Tract Number 4605
- Assessor Parcel Number 2316014020
- $389 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
- Net Operating Income $61,175
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 | $12,870 | $1,061,207 | $721,621 | $339,586 |
| 2024 | $12,870 | $1,040,400 | $707,472 | $332,928 |
| 2023 | $12,623 | $1,020,000 | $693,600 | $326,400 |
| 2022 | $12,037 | $1,000,000 | $680,000 | $320,000 |
| 2021 | $4,457 | $348,005 | $236,647 | $111,358 |
| 2020 | $4,497 | $344,438 | $234,221 | $110,217 |
| 2019 | $4,328 | $337,685 | $229,629 | $108,056 |
| 2018 | $4,205 | $331,065 | $225,127 | $105,938 |
| 2016 | $4,004 | $318,211 | $216,386 | $101,825 |
| 2015 | $3,947 | $313,432 | $213,136 | $100,296 |
| 2014 | $3,964 | $307,293 | $208,961 | $98,332 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Price Changed | $1,250,000 | +25.0% | $609 / Sq Ft |
| 08/19/2024 08/19/24 | For Sale | $999,999 | -- | $487 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,000,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $250,000 | American Title | |
| Gift Deed | -- | Continental Lawyers Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $131,900 | 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: BB24171940
APN: 2316-014-020
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