11041 Moorpark Street

    Toluca Lake, CA 91602
    • $1,550,000
    • STATUS: Closed
    • ON SITE: 89 days
    • ID#: SR18147258
    Sold - 09/12/2018
    $1,550,000
    SOLD - 09/12/2018
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,798
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    This property is on the market for the first time in over 50 years. With an excellent unit mix of 2: 2+1 and 4 1+Den+1, this property offers 20%+ upside in the rents. Pitched roof, raised foundation, and copper plumbing. Front and back unit entries. Individually metered gas and electric, and individual water heaters. There is a laundry room on site (machines owned). Parking ratio of one to one. 1 mile median household income of $73,468.

    Sold by Braemon Hanes of Hanes Investment Rlty.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T08:27:31.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84844611

    11041 Moorpark Street Toluca Lake, CA 91602

    • Price: $1,550,000
    • Status: Closed
    • Updated: 56 min ago
    • ID#: SR18147258
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,798
    SQFT
    $323
    $/SQFT
    1952
    Built
    Neighborhood:
    TUL - Toluca Lake
    County:
    Los Angeles
    Area:
    TUL - Toluca Lake
    Property Description
    This property is on the market for the first time in over 50 years. With an excellent unit mix of 2: 2+1 and 4 1+Den+1, this property offers 20%+ upside in the rents. Pitched roof, raised foundation, and copper plumbing. Front and back unit entries. Individually metered gas and electric, and individual water heaters. There is a laundry room on site (machines owned). Parking ratio of one to one. 1 mile median household income of $73,468.
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 0.00 Lot Features 26-30 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 680 Average1 Bed Area Units Square Feet Average2 Bed Area 925 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.05 Community Features CurbsGuttersSidewalksStreet LightingSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 218.00 Gardener Expense 960.00 Gross Income 0.00 Gross Multiplier 15.03 Gross Operating Income 101063.00 Gross Scheduled Income 103126.00 Insurance Expense 2405.00 Land Lease YN No Laundry YN Yes Licenses Expense 407.00 Maintenance Expense 5053.00 Maintenance Percent 5.00 Net Operating Income 62769.00 New Taxes Expense 18600.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 38298.00 Operating Expense Percent 37.10 Pest Control Expense 408.00 Professional Management Expense 5017.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 38294.00 Trash Expense 1249.00 Vacancy Allowance 2063 Vacancy Allowance Rate 2.00 Water Sewer Expense 3977.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Braemon Hanes of Hanes Investment Rlty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T08:27:31.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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