NOT LISTED FOR SALE
22 Beds
18 Baths
9,840 Sq Ft
10,196 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $2,925,000 $297 Per Sq Ft

43 Days on Market

About This Home

As of November 2021

The Park Place Apartments is a 14-unit multifamily community in Sunland, CA. Built in 1988, the garden-style building is constructed of a wood frame with brick and siding with a flat, and partial pitched roof. The property consists of a mix of six one-bedroom, one-bathroom, three two-bedroom, one-bathroom, and five two-bedroom, two-bathroom units. The units feature refrigerators, stoves, ovens, garbage disposals, dishwashers, and private balconies. The community offers private garages and an on-site laundry facility. The laundry facility is currently not in use but has washer and dryer hook-ups for an investor to immediately capitalize on additional income.

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 06/23/2021

Last Buyer's Agent

Brent Ballard

Anderson Ballard Companies License #01297151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 10,196 Sq Ft Lot

Parking

  • 14 Parking Spaces

Interior Spaces

  • 9,840 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 18 Bathrooms

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 2555-031-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9840
  • Lot Acreage: 0.2340
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 22
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 18.00
  • Den: 0
  • Price Per S Q F T: 302.34

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 14

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 2555-031-035
  • Geocode Override: No
  • Lot Size Area: 10196

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.63
  • Number Of Units: 14
  • Total Annual Expense: 84103
  • Type Of Units: Apartments
  • Vacancy Rate: 5

Range of Values:

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Average Value
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List Price
Sold Price
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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
11/05/2021 11/05/21 Sold $2,925,000 -1.7% $297 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $2,975,000 0.0% $302 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $2,975,000 -- $302 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-752424

The MLS