NOT LISTED FOR SALE

Estimated Value: $1,950,000 - $2,244,000

10 Beds
6 Baths
6,165 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $2,200,000 $357 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,917/month

56 Days on Market

Highlights

  • Detached Guest House
  • Horse Property
  • 2.12 Acre Lot
  • John H. Francis Polytechnic Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of October 2024

WE ARE NOW READY TO SHOW --- Location! Location! Location. You have heard these words a million times & it truly does matter! Imagine relaxing in your own private gated 2.12 Acre Estate with 3 Single Family Homes, 1 Triplex with 3 One Bedroom Units (one is a pool house), & 3 Modular Buildings or "Casitas". This unique & truly one-of-a-kind estate is located in "Rancho La Tuna Canyon", the unofficial name given to the area years ago. La Tuna Canyon was once the land of one of California's first peoples, the Tongva-Gabrielinos. The name is derived from the Tongva word, Tuhuunga, meaning the “place of the old woman".

This lot is perfect for a Family Compound, Sober Living. Retreat Center, Airbnb/Short Term Rental, 1031 Exchange or Income Property. An Investor can potentially gross over $14,000 a month once fixed up & rented out. You are only short drive away from Pasadena, Glendale & Burbank.

The property is zoned A-2.This allows the keeping of horses or other livestock. La Tuna Canyon is 5 minutes to Burbank & one of only a few areas close to the City of LA that allows these uses.

Walking through the estate is like strolling through a natural park which attracts lovely bird & animal life. The grounds are landscaped with 60 or more mature trees sprawling across the huge 2.12 acre lot. The property has a lovely pool, a landscaped patio area perfect for family gatherings/BBQ’s & 2 ponds.

The front house (9526 La Tuna Canyon) is a 3 bedroom 1 Bath 1670 square foot home. The Triplex is behind the the Front house & has 3 One Bedroom Units. There are two front units & one back Pool House unit. Total square footage of the Triplex is around 1,750 square feet. The two back houses (9520/9520A La Tuna Canyon). 9520 La Tuna Canyon is the original house & is a 1 bedroom,1 Den (potential 2nd Bedroom),1 bath 1270 square foot home. 9520A La Tuna Canyon is a 2 bedroom 1 bath 960 square foot bath home. In addition, there are 3 Casitas/Modular Buildings with insulation, drywall & wood paneling.

The Property is located very close to the 210/2/134/170 Freeways, Filming Studios, Burbank Airport & many of the amazing shops & restaurants greater Los Angeles has to offer. This is a truly a one of kind estate & offers many options for it new Owner! Don't miss your opportunity to secure it while it is still available! All Buyers should due their own due diligence & check with the City to confirm permits, actual square footage & potential uses of the property.

Last Listed By

Mike Vachani

Provenio Realty and Investment Brokerage Email: mikevachani@gmail.com License #01279002 Listed on: 03/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,662

Year Built

  • Built in 1936

Lot Details

  • 2.12 Acre Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Parking

  • 12 Open Parking Spaces
  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Automatic Gate
  • Guest Parking
  • Parking Lot

Property Views

  • Canyon
  • Mountain

Home Design

  • Quadruplex
  • Patio Home

Interior Spaces

  • 6,165 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Horse Property
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Farming

  • Agricultural

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot B
  • Tax Tract Number 1
  • Assessor Parcel Number 2401037006
  • $667 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 9 Units

Recreation

  • Horse Trails
  • Hiking Trails

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,000
  • New Taxes Expense $25,140
  • Operating Expense $30,140
  • Gross Income $168,000
  • Net Operating Income $137,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,662

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.58
  • Price Per Unit: 232778
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAA2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2401037006
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 356.85
  • Room Type: Main Floor Bedroom

Exterior Features

  • Other Structures: Guest House, Guest House Attached, Guest House Detached, Shed(s), Storage, Two On A Lot, Workshop
  • Exterior Features: Lighting
  • View: Canyon, Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Guest, Parking Space
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Back Yard, Front Yard, Horse Property, Landscaped, Lot Over 40000 Sqft, Patio Home, Sprinkler System, Yard
  • Lot Size Sq Ft: 92495.00
  • Lot Size Acres: 2.1234

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 168000.00
  • Gross Operating Income: 137860.00
  • Gross Scheduled Income: 168000.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 92495.0000 Square Feet
  • Net Operating Income: 137860.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 30140.00
  • Rent Control: Yes
  • Total Expenses: 30140.00

Tax Info

  • New Taxes Expense: 25140.00
  • Tax Census Tract: 1021.07
  • Tax Lot: B
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 667.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Hankins E A
Bought by
Presto Properties Llc
Total Days on Market
56
Current Estimated Value
$2,155,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Tuten Denise and Tuten Family Revocable Living
Bought by
Hankins E A

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Presto Properties Llc $2,200,000 Chicago Title Company
Hankins E A $450,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presto Properties Llc $200,000
Closed Presto Properties Llc $80,000
Previous Owner Presto Properties Llc $1,125,000
Previous Owner Hankins E A $343,000
Previous Owner Hankins E A $372,000
Previous Owner Hankins E A $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $2,200,000 +5.0% $357 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $2,095,000 -- $340 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2024 $10,662 $832,756 $656,753 $176,003
2023 $10,464 $816,428 $643,876 $172,552
2022 $9,996 $800,420 $631,251 $169,169
2021 $9,871 $784,726 $618,874 $165,852
2020 $9,966 $776,681 $612,529 $164,152
2019 $9,587 $761,453 $600,519 $160,934
2018 $9,448 $746,524 $588,745 $157,779
2016 $6,677 $520,000 $410,000 $110,000
2015 $6,678 $520,000 $410,000 $110,000
2014 $5,718 $425,000 $335,100 $89,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23040262

California Regional Multiple Listing Service (CRMLS)

APN: 2401-037-006