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    9215 Langdon Avenue

    North Hills, CA 91343
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 63 days
    • ID#: V0-220008203
    Under Contract
    UPDATED: 27 min ago
    $1,250,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Very RARE OPPORTUNITY for investor looking for multi units. Incredible housing 'compound' with yards and parking for every unit. Gross and Net income does NOT INCLUDE income from additional units or increase in rents. BONUS! APPROVED PLANS FOR 2 ADU UNITS NOT INCLUDED IN THE 4 PLEX. ( ONE (1) BEDROOM AND ONE STUDIO.) Original main home, where the family grew up, is 3 bedrooms, 2 bath with living room and large family room 1897 sq. ft. Large back yard. Behind the main house on a huge lot there is a additional duplex with two additional double car garages. Each of these are2 bedroom 1 bath, 785 sq. ft. The one bedroom, one bath unit is 437 sq. ft. an has a large, double carport. Each unit has their own yard. New water supply lines and roofs. PLENTY OF PARKING on the property! Current tenants are on month to month and are all long term tenants. There are no current leases in place. Rents have not been raised in years and are: Front house, 3 bed, 2 bath: single car garage: $1860.00 monthly. Duplex unit 1: 2 bedrooms, 1 bath, 2 car garage, $1006.32. Duplex unit 2: 2 bedrooms, 1 bath, 2 car garage $1250.00. Unit 4: 1 bedroom, 1 bath with double car port: $750.00. Projected rent for planned and approved ADU units when built out is an additional $3,000.00. monthly.Current cap rate does not include the projected rents if buyer builds out the approved ADU and Junior ADU unit in the existing building that is on the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-21T11:27:23.59. 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 deemed reliable but is not guaranteed accurate by the MLS or Cal American Realty. Licensed in the State of California, USA.

    www.calamericanrealty.com/homes/112006706
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    9215 Langdon Avenue North Hills, CA 91343

    • Price: $1,250,000
    • Status: Active Under Contract
    • Updated: 27 min ago
    • ID#: V0-220008203
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1957
    Built
    Neighborhood:
    Custom
    County:
    Los Angeles
    Area:
    NOH - North Hills
    Property Description
    Very RARE OPPORTUNITY for investor looking for multi units. Incredible housing 'compound' with yards and parking for every unit. Gross and Net income does NOT INCLUDE income from additional units or increase in rents. BONUS! APPROVED PLANS FOR 2 ADU UNITS NOT INCLUDED IN THE 4 PLEX. ( ONE (1) BEDROOM AND ONE STUDIO.) Original main home, where the family grew up, is 3 bedrooms, 2 bath with living room and large family room 1897 sq. ft. Large back yard. Behind the main house on a huge lot there is a additional duplex with two additional double car garages. Each of these are2 bedroom 1 bath, 785 sq. ft. The one bedroom, one bath unit is 437 sq. ft. an has a large, double carport. Each unit has their own yard. New water supply lines and roofs. PLENTY OF PARKING on the property! Current tenants are on month to month and are all long term tenants. There are no current leases in place. Rents have not been raised in years and are: Front house, 3 bed, 2 bath: single car garage: $1860.00 monthly. Duplex unit 1: 2 bedrooms, 1 bath, 2 car garage, $1006.32. Duplex unit 2: 2 bedrooms, 1 bath, 2 car garage $1250.00. Unit 4: 1 bedroom, 1 bath with double car port: $750.00. Projected rent for planned and approved ADU units when built out is an additional $3,000.00. monthly.Current cap rate does not include the projected rents if buyer builds out the approved ADU and Junior ADU unit in the existing building that is on the property.
    Exterior Features

    Carport Spaces 2.00 Construction Materials Stucco Direction Faces East Entry Location Ground Level With Steps Fence YN Yes Fencing Chain Link Garage Spaces 5.00 Lot Features Back YardLawnRectangular LotSprinklers NoneYard Lot Size Units Square Feet Parking Features CarportDrivewayGarageGarage - Single DoorUnassigned Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances None Appliances YN No Average1 Bed Area 437 Average1 Bed Area Units Square Feet Average2 Bed Area 795 Average2 Bed Area Units Square Feet Average3 Bed Area 1897 Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Family RoomWood Burning Fireplace YN Yes Flooring Carpet Heating Electric Heating YN Yes Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Cap Rate 3.20 Community Features Curbs Exclusions All Tenants Property including Stoves And Refrigerators. Gross Income 4866.32 Gross Operating Income 4866.32 Gross Scheduled Income 4866.00 Insurance Expense 2313.00 Land Lease YN No Laundry YN No Net Operating Income 3855.00 New Taxes Expense 266.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 1011.08 Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Custom - 4179 Tenant Pays Cable TvElectricityGasTrash Collection Total Actual Rent 4866.00 Total Expenses 1011.08 Trash Expense 0.00 Utilities Sewer Connected Vacancy Allowance Rate 0.00 Water Sewer Expense 445.00 Water Source Public Year Built Source Assessor Zoning Lard6

    Listing provided courtesy of Lei Eberhardt of Re/Max Gold Coast-Beach Office


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-21T11:27:23.59. 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 deemed reliable but is not guaranteed accurate by the MLS or Cal American Realty. Licensed in the State of California, USA.

     
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    Claremont CA, 91711