$5,350,000

Estimated payment $33,855/month

Total Views 4,746
20 Beds
20 Baths
14,211 Sq Ft
$376 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 1-minute walk to Harold A Henry Park
  • Queen Anne Place Elementary Rated 9+

About This Home

Great 12 units in a great location. No City Rent Control. This property is being sold together with 5328 Cleon Ave and 4906 Rosewood as part of a Portfolio Sale.

Listing Agent

Soraya Esmaili

Keller Williams Luxury Brokerage Phone: 818-681-8481 License #01456647 Listed on: 05/06/2025

Keller Williams Luxury

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 8,974 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 9 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 14,211 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 2839
  • Assessor Parcel Number 5090029004
  • $1,804 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Insurance Expense $7,900
  • Maintenance Expense $6,000
  • Other Expense $1,187
  • Pest Control $924
  • Trash Expense $4,860
  • Water Sewer Expense $23,334
  • Operating Expense $46,641
  • Gross Income $374,400
  • Net Operating Income $3,275,421

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

9

Listing Details

  • CapRate: 6.10
  • Price Per Unit: 445833
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 23334.00
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5090029004
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: street
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 376.47

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 924.00
  • Sewer: Public Sewer
  • Trash Expense: 4860.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8974.00
  • Lot Size Acres: 0.2060

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 374400.00
  • Gross Multiplier: 15.25
  • Gross Operating Income: 372600.00
  • Gross Scheduled Income: 374400.00
  • Insurance Expense: 7900.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8974.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 3275421.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Units Leased: 11
  • Number Of Units Total: 12
  • Operating Expense: 46858.00
  • Other Expense: 1187.00
  • Other Expense Description: Register
  • Rent Control: No
  • Total Actual Rent: 29350.00
  • Total Expenses: 46641.00

Tax Info

  • Tax Census Tract: 2127.02
  • Tax Lot: 60
  • Tax Tract Number: 2839
  • TaxOtherAnnualAssessmentAmount: 1804.00

Map

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
05/06/2025 05/06/25 For Sale $5,350,000 0.0% $376 / Sq Ft
05/03/2016 05/03/16 Sold $5,350,000 -6.1% $376 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $5,700,000 -- $401 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25099494

California Regional Multiple Listing Service (CRMLS)