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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Apr 26, 2017
Sold by
Bought by
Seller's Agent
Matthew Kanner
Keller Williams Realty Los Feliz
Buyer's Agent
Matthew Kanner
Keller Williams Realty Los Feliz
List Price
$2,850,000
Sold Price
$2,855,000
Premium/Discount to List
$5,000
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,855,000 Chicago Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,930,000
Closed $1,950,000
Previous Owner $1,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: The MLS

MLS Number: 17-209902

The MLS
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