$2,549,000
$146K PRICE DROP

Estimated payment $14,874/month

Total Views 2,224
11 Beds
8 Baths
5,100 Sq Ft
$500 Price per Sq Ft

Highlights

  • Solar Power System
  • Courtyard Views
  • Attached Carport
  • Engineered Wood Flooring
  • Built-In Features
  • 4-minute walk to Whitnall Off-Leash Dog Park

About This Home

Brand-new luxury 4-plex located on a picturesque, tree-lined street near Toluca Terrace and Burbank, offering an outstanding investment opportunity just minutes from major studios. The property features three spacious 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit, thoughtfully designed across two separate buildings with minimal shared walls for added privacy. Each residence boasts soaring ceilings, open-concept layouts, generously sized bedrooms and bathrooms, in-unit laundry, and separate utility meters. Modern upgrades include brand-new solar panels and a four-car covered parking area with alley access. Delivered vacant and move-in ready, this turnkey property is ideal for attracting discerning tenants and maximizing rental income. Exceptional upside potential!

Listing Agent

Phil Boroda

Coldwell Banker Realty License #00822192 Listed on: 07/26/2025

Coldwell Banker Realty

Co-Listing Agent

Richard Hartzler

Coldwell Banker Realty License #00907499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,140

Year Built

  • Built in 2025

Lot Details

  • 6,762 Sq Ft Lot
  • Lot Dimensions are 50x130
  • West Facing Home

Interior Spaces

  • 5,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Engineered Wood Flooring
  • Courtyard Views
  • Disposal
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Attached Carport
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Solar Power System
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 2415-023-030

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Vacancy Allowance $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,140

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 5100
  • Lot Acreage: 0.1552
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 2025
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 11
  • Total Bathrooms: 8.00
  • Equipment: Built-Ins, Ceiling Fan, Garbage Disposal, Solar Panels, Electric Dryer Hookup
  • Price Per S Q F T: 499.80

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Carport Attached, Auto Driveway Gate
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 1200000
  • Assessed Land Percent: 80
  • Assessed Land Value: 795600
  • Total Assessed Value: 1995600
  • Assessor Parcel Number: 2415-023-030
  • Lot Size Area: 6762

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 5.00
  • Number Of Units: 4
  • Total Annual Expense: 79800
  • Type Of Units: 4
  • Vacancy Allow: 12000
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: y

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $12,140 $1,023,000 $800,000 $223,000
2024 $12,140 $994,500 $795,600 $198,900
2023 $11,903 $975,000 $780,000 $195,000
2022 $4,947 $48,913 $34,163 $14,750
2021 $4,933 $47,955 $33,494 $14,461
2019 $4,914 $46,534 $32,501 $14,033
2018 $4,862 $45,622 $31,864 $13,758
2016 $649 $43,853 $30,628 $13,225
2015 $641 $43,195 $30,168 $13,027
2014 $654 $42,350 $29,578 $12,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $2,549,000 -1.8% $500 / Sq Ft
08/08/2025 08/08/25 Price Changed $2,595,000 -3.7% $509 / Sq Ft
07/26/2025 07/26/25 For Sale $2,695,000 0.0% $528 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $2,695,000 +176.4% $528 / Sq Ft
09/16/2022 09/16/22 Sold $975,000 0.0% $1,051 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $975,000 -- $1,051 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Trustee Deed $1,401,320 None Listed On Document
Trustee Deed $1,401,320 None Listed On Document
Grant Deed $975,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Construction
Previous Owner $780,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25545815

The MLS

APN: 2415-023-030