NOT LISTED FOR SALE

11561 Riverside Dr North Hollywood, CA 91602

12 Beds
6 Baths
5,174 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: October 16, 2014

Last sale price $1,325,000 $256 Per Sq Ft

78 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Double Pane Windows
  • Recessed Lighting
  • North Hollywood Senior High School Rated A
  • Side by Side Parking
  • Laundry Room

About This Home

As of October 2014

Great rental property, seldom available as good as this. Owners will be doing some maintenance: painting trim, cleaning cement, trimming landscape.

Last Agent to Sell the Property

Stephanie Schieltz

BHHS California Properties License #00526999 Listed on: 07/02/2014

BHHS California Properties

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,147

Year Built

  • Built in 1954

Lot Details

  • 6,500 Sq Ft Lot
  • Rectangular Lot
  • Level Lot

Home Design

  • Midcentury Modern Architecture
  • Property Attached
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • Recessed Lighting
  • Double Pane Windows
  • Blinds

Kitchen

  • Gas and Electric Range
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • Parking Available
  • Side by Side Parking
  • On-Street Parking
  • Assigned Parking

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2354011039

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Fuel Expense $240
  • Gardener Expense $100
  • Maintenance Expense $3,100
  • Other Expense $870
  • Professional Management Expense $3,600
  • Trash Expense $1,188
  • Water Sewer Expense $3,924
  • Gross Income $84,389
  • Net Operating Income $69,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,147

Year Built

Built in 1954

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Not Applicable
  • Water Sewer Expenses: 3924.00
  • Zoning: LAR3
  • Architectural Style: Mid Century Modern
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 2354011039
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting
  • Appliances: Yes
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Roof: Asphalt, Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Side by Side, Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas & Electric Range, Gas Water Heater, Range Hood
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: Individual Room
  • Trash Expense: 1188.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level, Rectangular Lot
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Fuel Expense: 240.00
  • Gross Income: 84389.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 632.00
  • Lot Size Area: 6500.0000 Square Feet
  • Maintenance Expense: 3100.00
  • Net Operating Income: 69292.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 15097.00
  • Other Expense: 870.00
  • Other Income1: 89.50
  • Other Income2: 150.00
  • Other Income Description: Fees
  • Rent Control: Yes
  • Total Actual Rent: 83518.00

Tax Info

  • Tax Area: PLTAR
  • Tax Annual Amount: 15147.00
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2014 10/16/14 Sold $1,325,000 -5.4% $256 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $1,400,000 -- $271 / Sq Ft
Source: Ventura County Regional Data Share

Tax History

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 $21,625 $1,749,902 $1,054,554 $695,348
2024 $21,625 $1,715,591 $1,033,877 $681,714
2023 $19,401 $1,530,609 $924,142 $606,467
2022 $18,523 $1,500,598 $906,022 $594,576
2021 $18,283 $1,471,175 $888,257 $582,918
2019 $17,751 $1,427,541 $861,912 $565,629
2018 $17,597 $1,399,551 $845,012 $554,539
2016 $16,764 $1,345,206 $812,200 $533,006
2015 $16,525 $1,325,000 $800,000 $525,000
2014 $15,427 $1,202,226 $919,158 $283,068
Source: Public Records

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-214025422

Ventura County Regional Data Share
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