$2,170,000
$2,295,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
0.83 Acres Lot
SOLD DATE : 06/11/2021
Key Details
Sold Price $2,170,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Custom Newhall 1 (Cnew1)
MLS Listing ID SR21018081
Sold Date 06/11/21
HOA Y/N No
Year Built 1956
Lot Size 0.833 Acres
Property Description
Unique Residential Income Offering, First time on Market: Featuring 1 Quadruplex (4 units) A thru D, and 3 Single Family Residences’. Seven units total situated on 3 separate legal contiguous lots all being sold together as package. 25120 Newhall Ave- Quadruplex sets on 1 lot. 25118 & 25118 ½ Newhall Ave- 2 SFR’s set on 1 lot. And 25116 Newhall Ave- 1 SFR sets on 1 lot.
PLEASE DO NOT ENTER PROPERTY GROUNDS WITHOUT AN APPOINTMENT.
Quadruplex Description: Four 1+1’s approx. 2438+- sq ft with laundry room with detached 4 car garage on a 7387 SF lot.
Single Family Residences Description: Two 3+2 SFR’s approx 1650+- SF each (square footage includes garage conversions to playrooms) on a 22,737 SF lot with 1 detached garage and another detached garage with workshop. One 2+1 SFR approx 864+- SF with attached garage on a 6182 SF lot.
All 3 single family residences will be delivered available to rent at Close of Escrow. Quadruplex will be delivered at COE with 3 Tenant Occupied units A,C &D (Unit B available to rent soon). Current under market monthly rents for quad is A) $945 B) $999 C) $729 D) $999. Markets rent are between $1500=$1600. Rent control does not apply to future new tenanted units when previous tenants have departed.
Location
State CA
County Los Angeles
Area New1 - Newhall 1
Interior
Interior Features Workshop
Heating Fireplace(s), Natural Gas, Wall Furnace
Cooling Evaporative Cooling
Fireplaces Type Family Room
Fireplace Yes
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Total Parking Spaces 17
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer, Septic Tank
Water Public
New Construction No
Others
Senior Community No
Tax ID 2859003016
Acceptable Financing Cash, Cash to New Loan, Conventional, Trust Conveyance
Listing Terms Cash, Cash to New Loan, Conventional, Trust Conveyance
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Bob Loner • Realty Executives SCV