$1,750,000 Price Analysis   ♡   Winnetka, CA 91306 12 bed 8 bath 5,710 SqFt ($306/SqFt) 8,067SqFt lot. Built 1961 Listed 2024-05-16, Taxes $19,002 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
8 units in Winnetka
The heart of the San Fernando Valley. Great unit mix - 4 - 1bedroom + 1 bath and 4 - 2 bedroom + 1 bath units. There is 5, 710 sq. ft. of building. It was built in 1961 and it sits on a 8, 064 sq. ft. lt. Long term owner. Below market rents with HUGE upside in the rents.
Individually metered for gas and electricity. There are currently 2 vacant units. There is an excellent as sumable loan. The current loan balance is approximately $841, 000, interest rate is 4% fixed until 7/28/2026, due in 2046. Close to shops, restaurants, public transportation and California State University, Northridge. Can be purchased with 7353 Corbin Ave - 10 units.
Presented by Michael A Salerno at
Michael Anthony Salerno.
Property MLS #24-391741 from TheMLSCLAW
Full Bathrooms: 8
Heating Features: Wall
Lot Size Dimensions: 61x132
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8067
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1795, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1795, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 1950, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 1950, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 1795, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 1795, 7 BedsTotal: 2, 7 BathsTotal: 1, 7 SquareFeet: 1950, 8 BedsTotal: 2, 8 BathsTotal: 1, 8 SquareFeet: 1950
County: Los Angeles
Cap Rate: 4.76
Directions: 2 blocks north of Sherman Way
Source Property Type: Residential Income
Area: Winnetka
Source Neighborhood: Winnetka
Owner Pays: Move In Fee
Parcel Number: 2115-018-004
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $913,920 + $616,080 $1,530,000 | $19,002 |
| 2021 | $388,181 + $178,440 $566,621 | $7,785 |
| 2020 | $384,201 + $176,611 $560,812 | $7,861 |
| 2019 | $376,668 + $173,149 $549,817 | $7,587 |
| 2018 | $369,283 + $169,754 $539,037 | $7,483 |
| 2017 | $362,043 + $166,426 $528,469 | $7,341 |
| 2016 | $354,945 + $163,163 $518,108 | $7,076 |
| 2015 | $349,614 + $160,713 $510,327 | $6,984 |
| 2014 | $342,766 + $157,565 $500,331 | $7,058 |
| 2013 | $341,217 + $156,853 $498,070 | $7,048 |
| 2012 | $334,527 + $153,778 $488,305 | $7,139 |
| 2010 | $327,968 + $150,763 $478,731 | $6,927 |
| 2009 | $326,291 + $149,993 $476,284 | $6,689 |
| 2009 | $325,517 + $149,637 $475,154 | $6,689 |
| 2008 | $319,894 + $147,052 $466,946 | $6,433 |
| 2007 | $313,622 + $144,169 $457,791 | $6,186 |
$1,750,000
TheMLSCLAW
Sold 1985-08-15
$318,000
Public Record
Year Built: 1961
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 63
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.