NOT LISTED FOR SALE

8438 Amigo Ave Northridge, CA 91324

1 Bed
1 Bath
10,312 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: July 13, 2012

Last sale price $1,470,000 $143 Per Sq Ft

About This Home

As of July 2012

8438-44 Amigo is a 14 unit apartment building on a tree-lined street in prime Northridge. The property consists of two separate buildings on a 13,896 square foot lot with two separate assessor parcel numbers. Each property has 7 one bedroom one bath units and is 5,156 square feet each. Tenants enjoy ample parking with 8 garages and 15 open parking spaces, balconies, and an on-site laundry room.

The building is well maintained, separately metered for gas and electricity and has a pitched roof and partial copper plumbing.

The property is located just north of Roscoe Boulevard and West of Reseda Boulevard. The city of Northridge is home of Northridge Hospital, Cal State University Northridge, and Valley Performing Arts Center. Tenants are close to one of the largest shopping malls in the Valley, Northridge Fashion Center. The mall has national retailers, Pacific Theatres, and many fine restaurants.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 04/19/2012

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 14,158 Sq Ft Lot

Parking

  • 8 Car Garage

Home Design

  • 10,312 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1154
  • Assessor Parcel Number 2785018040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 14 Units

Building Details

  • Rent Control
  • 14 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,200
  • Maintenance Expense $7,500
  • Trash Expense $1,200
  • Water Sewer Expense $6,000
  • New Taxes Expense $18,625
  • Gross Income $12,466
  • Net Operating Income $94,144

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.33 Acres

Parking

8

Listing Details

  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 2785018040
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 142.55

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 24.00

Utilities

  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 14158.00
  • Lot Size Acres: 0.3250

Multi Family

  • Gross Income: 12466.00
  • Gross Scheduled Income: 149592.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 14158.0000 Square Feet
  • Maintenance Expense: 7500.00
  • Net Operating Income: 94144.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 48088.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 18625.00
  • Tax Lot: 2
  • Tax Tract Number: 1154
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/13/2012 07/13/12 Sold $1,470,000 -- $143 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
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 $12,036 $905,086 $430,993 $474,093
2024 $11,870 $887,341 $422,543 $464,798
2023 $11,658 $869,943 $414,258 $455,685
2022 $11,154 $852,886 $406,136 $446,750
2021 $11,002 $836,164 $398,173 $437,991
2019 $10,697 $813,764 $386,364 $427,400
2018 $10,532 $797,856 $378,789 $419,067
2016 $10,003 $764,570 $364,081 $400,489
2015 $9,868 $753,087 $358,613 $394,474
2014 $9,941 $738,336 $351,589 $386,747
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12040635

California Regional Multiple Listing Service (CRMLS)
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