NOT LISTED FOR SALE
13 Beds
7 Baths
5,670 Sq Ft
7,362 Sq Ft Lot

Sale Details

Date Sold: March 1, 2024

Last sale price $1,525,000 $269 Per Sq Ft

29 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Bike Trail
  • Property is near public transit
  • 1 Car Garage
  • Laundry Facilities

About This Home

As of March 2024

An exceptional opportunity awaits to own this remarkable income property. This six-unit complex presents a front owner's unit, offering a spacious layout of 3 bedrooms and 2 baths. Enjoy the luxurious ensuite bath featuring double sinks, complemented by a cozy fireplace, an exclusive inside laundry area, and the convenience of a one-car garage. The unit also boasts a private yard bordered by a privacy hedge.
The remaining units, each comprising 2 bedrooms and 1 bath, provide comfortable living spaces for tenants. The individual garage spaces are smartly positioned at the rear of the property, ensuring convenience and accessibility.
Notably, the property features a recently constructed concrete block fence along the west side, enhancing privacy and security. Modern amenities include newer air conditioning and heating systems installed in each unit, ensuring comfort year-round.
Ideally situated mere steps away from the KIA Forum and a short distance from the prestigious SoFi complex, this property offers unparalleled proximity to local attractions. Its strategic location provides effortless access to LAX and major freeways, catering to convenience and accessibility.
Surrounded by a blend of single-family homes and multiunit dwellings, the neighborhood exudes a harmonious residential atmosphere. Additionally, an elementary school in close proximity adds to the appeal of this locale, making it an enticing prospect for families and renters alike.

Last Agent to Sell the Property

Josie Jellick

Century 21 Masters License #00961685 Listed on: 01/01/2024

Century 21 Masters

Last Buyer's Agent

Yunus Hopkinson

Keller Williams Encino-Sherman Oaks License #02071440

Keller Williams Encino-Sherman Oaks
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,362 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 1 Car Garage
  • 5 Carport Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 1st floor
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 5,670 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 18 / 347
  • Assessor Parcel Number 4021038020

Community Details

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,525
  • Gardener Expense $840
  • Insurance Expense $2,030
  • Maintenance Expense $4,022
  • Pest Control $385
  • Professional Management Expense $4,800
  • Trash Expense $4,091
  • Water Sewer Expense $4,000
  • Operating Expense $22,708
  • Gross Income $101,152
  • Net Operating Income $101,152

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,362 Sq Ft Lot

Parking

1

Listing Details

  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 4000.00
  • Zoning: INP1VV
  • Architectural Style: Contemporary
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 4021038020
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 268.96
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Garage, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area
  • Pest Control Expense: 385.00
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 4091.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 7362.00
  • Lot Size Acres: 0.1690

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1524.90
  • Gross Income: 101152.00
  • Gross Scheduled Income: 123256.00
  • Insurance Expense: 2029.70
  • Lot Size Area: 7362.0000 Square Feet
  • Maintenance Expense: 4022.00
  • Net Operating Income: 101152.30
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 22104.00
  • Rent Control: Yes
  • Total Expenses: 22708.38

Tax Info

  • Tax Block: 347
  • Tax Census Tract: 6010.02
  • Tax Lot: 18

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Jan 12, 2024
Sold by
Bought by
Seller's Agent
Josie Jellick
Century 21 Masters
Buyer's Agent
Yunus Hopkinson
Keller Williams Encino-Sherman Oaks
List Price
$1,647,200
Sold Price
$1,525,000
Premium/Discount to List
-$122,200
-7.42%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 1995
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,525,000 First American Title
-- None Listed On Document
-- None Available
-- None Available
-- --
$96,500 Fidelity Title
$48,843 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,365,000
Closed $1,525,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $1,525,000 -7.4% $269 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $1,647,200 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,164 $1,555,500 $1,122,000 $433,500
2024 $6,948 $418,070 $111,760 $306,310
2023 $6,881 $409,873 $109,569 $300,304
2022 $6,971 $401,837 $107,421 $294,416
2021 $6,902 $393,959 $105,315 $288,644
2019 $6,526 $382,277 $102,193 $280,084
2018 $6,440 $374,783 $100,190 $274,593
2016 $6,031 $360,231 $96,300 $263,931
2015 $5,415 $311,671 $94,854 $216,817
2014 $5,433 $305,566 $92,996 $212,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24000116

California Regional Multiple Listing Service (CRMLS)
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