NOT LISTED FOR SALE

8517 Horner St Los Angeles, CA 90035

Pico-Robertson Neighborhood
8 Beds
9 Baths
6,707 Sq Ft
9,888 Sq Ft Lot

Last Sold February 29, 2012

Last sale price $1,210,000 $180 Per Sq Ft

About This Home

As of February 2012

Horner Apartments is a quaint, character filled 9-unit apartment building on a tree-lined street in Los Angeles, California. Built in 1930, the 6,707 square foot property is set on 9,888 square feet of land and offers mix of studio, single, one-bedroom and two-bedroom units with different floorplans. Surrounded by beautiful, tropical landscaping, the property features secure entry, garage parking for four cars, open parking for an additional three cars, and a laundry room.

While the immediate area is a quiet, residential neighborhood, Horner Apartments lies at the heart of Los Angeles and is nearby to a myriad of dining, shopping, entertainment and recreation offerings.

Last Agent to Sell the Property

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 12/07/2011

Warren Lee Berzack

Last Buyer's Agent

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 12/07/2011

Warren Lee Berzack

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,888

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 6,707 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Additional Features

  • Laundry Room
  • 9,888 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 195
  • Tax Tract Number 7385
  • Assessor Parcel Number 4303032023

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • Electric Expense $2,709
  • Gardener Expense $495
  • Insurance Expense $2,509
  • Maintenance Expense $6,981
  • Pest Control $292
  • Trash Expense $792
  • Water Sewer Expense $2,749
  • New Taxes Expense $16,956
  • Gross Income $9,646
  • Net Operating Income $75,774

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • CapRate: 6.02
  • View: No
  • Water Sewer Expenses: 2749.00
  • Property Type: Residential Income
  • Gardener Expense: 495.00
  • Parcel Number: 4303032023
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 180.41

Exterior Features

  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 292.00
  • Trash Expense: 792.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9888.00
  • Lot Size Acres: 0.2300

Multi Family

  • Electric Expense: 2709.00
  • Gross Income: 9646.00
  • Gross Multiplier: 10.82
  • Gross Scheduled Income: 116356.00
  • Insurance Expense: 2509.00
  • Lot Size Area: 9888.0000 Square Feet
  • Maintenance Expense: 6981.00
  • Net Operating Income: 75774.00
  • Number Of Separate Electric Meters: 8
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 37092.00
  • Other Income Description: +$50 Laundry
  • Rent Control: Yes
  • Total Actual Rent: 9646.00
  • Vacancy Allowance: 3491

Tax Info

  • New Taxes Expense: 16956.00
  • Tax Lot: 195
  • Tax Tract Number: 7385
  • Tax Year: 2010

Range of Values:

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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 Change Sq Ft Price
02/29/2012 02/29/12 Sold $1,210,000 -- $180 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Warren Berzack

    Seller's Agent in 2012

    Warren Berzack

    Warren Lee Berzack

    (818) 986-9800

    20 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11093102

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90035 Pico-Robertson

8517 Horner St, Los Angeles, CA

This home is located at 8517 Horner St, Los Angeles, CA 90035 since 07 December 2011. This property was built in 1930. 8517 Horner St is a home located in Los Angeles County with nearby schools including Crescent Heights Boulevard Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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