NOT LISTED FOR SALE

8836 Tobias Ave Panorama City, CA 91402

20 Beds
20 Baths
10,544 Sq Ft
9,155 Sq Ft Lot

Last Sold July 19, 2017

Last sale price $1,835,000 $174 Per Sq Ft

9 Days on Market

About This Home

As of July 2017

The nicest apartment building in the area with true high cap rate. 10-unit multifamily in Panorama city. Very large units, 7 townhouses. Unit mix: one 3+2.5, one 2+2, five 2+1.5, one 2+1, two 1+1.5. Property is centrally located with access to shopping, freeway and transits. Laundry on site, 10 covered and 2 front parking spaces. Major improvements on plumbing. New asphalt throughout parking and driveway. Two units are totally renovated with hardwood and tile flooring, new kitchen, bathrooms and appliances. Total exterior paint with an eye on keeping the integrity of the building period. Very tasteful landscaping. Nothing left to do for the new owners.

Last Agent to Sell the Property

Bijan Raphael

Casey Bohn License #01321985 Listed on: 04/26/2017

Casey Bohn

Last Buyer's Agent

Valentino Moca

License #01437738

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,155

Interior Spaces

  • 10,544 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 12 Parking Spaces
  • 10 Carport Spaces

Additional Features

  • 9,155 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 10 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2653-001-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Building Permit: Yes
  • Living Area: 10544
  • Price Per Unit: 175000.00
  • Stories: 3
  • Year Built: 1964
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 20.00
  • Den: 0
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 165.97

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 10
  • Parking Garage: Carport Attached, Carport Detached
  • Total Parking: 12

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 3420.00
  • Water Expense: 9998.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 3784.00
  • Insurance Expense: 2663.00
  • Maintenance Expense: 4200.00
  • Trash Expense: 3000.00

Lot Info

  • Assessed Improvement Percent: 44.68
  • Assessed Improvement Value: 543655
  • Assessed Land Percent: 55.32
  • Assessed Land Value: 673097
  • Total Assessed Value: 1216752
  • Assessor Parcel Number: 2653-001-025
  • Geocode Override: No
  • Lot Size Area: 9155

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 11.26
  • Number Of Units: 10
  • Rent Control: 100
  • Total Annual Expense: 54411
  • Type Of Units: Apt.
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 22365.00

Range of Values:

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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
07/19/2017 07/19/17 Sold $1,835,000 +4.9% $174 / Sq Ft
04/26/2017 04/26/17 For Sale $1,750,000 +48.9% $166 / Sq Ft
12/27/2013 12/27/13 Sold $1,175,000 -2.0% $111 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $1,199,000 -- $114 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bijan Raphael

    Seller's Agent in 2017

    Bijan Raphael

    Casey Bohn

    (310) 367-1222

    5 Total Sales

    Section Image

  • V

    Buyer's Agent in 2017

    Valentino Moca

  • M

    Buyer's Agent in 2017

    Marine Makaryan

  • F

    Seller's Agent in 2013

    Frank Rosen

    Titan Equities, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 17-225102

The MLS

California Los Angeles County Panorama City 91402

8836 Tobias Ave, Panorama City, CA

This home is located at 8836 Tobias Ave, Panorama City, CA 91402 since 26 April 2017. This property was built in 1964. 8836 Tobias Ave is a home located in Los Angeles County with nearby schools including Alta California Elementary School, Vista Middle School, and James Monroe High School.

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