NOT LISTED FOR SALE
14 Beds
11 Baths
8,152 Sq Ft
0.57 Acres Lot

Sale Details

Date Sold: June 1, 2017

Last sale price $2,855,000 $350 Per Sq Ft

25 Days on Market

Highlights

  • 25,008 Sq Ft lot
  • 24 Car Attached Garage
  • Bathtub with Shower
  • Wood Flooring
  • Built-In Features
  • Tile Countertops

About This Home

As of June 2017

909-913 N. Cedar St. is a charming, 11-unit non-rent controlled courtyard style apartment community consisting of 6 separate buildings on two adjacent lots totaling 25,008 Sq. Ft. 909 N. Cedar (APN: 4017-005-020) contains 6-units in 3 separate buildings, all of which are one-bedroom, one-bath (1+1). 913 N. Cedar (APN: 4017-005-021) contains 5-units in 3 separate buildings, 2 (1+1), 3 (2+1). Each unit has a private driveway and garage parking space and the properties combined have a total of 24 parking spaces. Each unit is separately metered for gas & electric, has its own water heater, and has laundry washer/dryers or hookups. Select units feature original hardwood floors, original tiles in the kitchen and bathrooms, vintage built-in cabinet space and large closets. The 25,008 Sq. Ft. lot zoned INR3YY may allow for potential future development. This is an excellent investment opportunity for investors looking to purchase a property in a booming/high-demand rental market.

Last Agent to Sell the Property

Matthew Kanner

Keller Williams Realty Los Feliz License #01349203 Listed on: 03/30/2017

Keller Williams Realty Los Feliz

Last Buyer's Agent

Matthew Kanner

Keller Williams Realty Los Feliz License #01349203 Listed on: 03/30/2017

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 25,008 Sq Ft Lot
  • East Facing Home

Home Design

  • Bungalow
  • Wood Siding
  • Stucco

Interior Spaces

  • 8,152 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Utility Room

Kitchen

  • Oven or Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 24 Car Attached Garage
  • Assigned Parking

Outdoor Features

  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • 6 Buildings
  • 11 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for electricity, water
  • Assessor Parcel Number 4017-005-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.57 Acres

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 8152
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-Ins
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Bedrooms: 14
  • Bathroom Features: Shower and Tub, Tile
  • Kitchen Features: Tile Counters
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 11.00
  • Equipment: Ceiling Fan, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 349.61

Exterior Features

  • Direction Faces: East
  • Construction: Stucco, Wood Siding
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Patio Open
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Garage, Garage Is Attached
  • Total Parking: 24

Utilities

  • Cooling: Wall/Window
  • Heating: Forced Air
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 131969
  • Assessed Land Value: 45763
  • Assessor Parcel Number: 4017-005-020
  • Geocode Override: No
  • Lot Size Area: 25008

Rental Info

  • Owner Pays: Electricity, Water
  • Rent Control: No
  • Tenant Pays: Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.08
  • Number Of Units: 11
  • Type Of Units: 1+1 & 2+1
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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 List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $2,855,000 +0.2% $350 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $2,850,000 -- $350 / Sq Ft
Source: The MLS

Tax History

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 $23,429 $1,656,731 $1,160,584 $496,147
2024 $21,926 $1,624,247 $1,137,828 $486,419
2023 $21,696 $1,592,400 $1,115,518 $476,882
2022 $22,101 $1,561,178 $1,093,646 $467,532
2021 $21,908 $1,530,567 $1,072,202 $458,365
2019 $20,599 $1,485,171 $1,040,400 $444,771
2018 $20,538 $1,456,050 $1,020,000 $436,050
2016 $3,703 $177,732 $45,763 $131,969
2015 $3,665 $175,063 $45,076 $129,987
2014 $3,691 $171,635 $44,194 $127,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-209902

The MLS
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