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    9215 Langdon Avenue

    North Hills, CA 91343
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 72 days
    • ID#: V0-220008203
    Under Contract
    UPDATED: 44 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 CRISNet MLS as of 2021-01-24T09:56:07.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-24T09:56:07.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/111832527
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    9215 Langdon Avenue North Hills, CA 91343

    • Price: $1,250,000
    • Status: Active Under Contract
    • Updated: 44 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 Levels One Lot Features Back YardLawnRectangular LotSprinklers NoneYard Lot Size Area 24485.0000 Parking Features CarportDrivewayGarageGarage - Single DoorUnassigned Parking Total 7.00 Parking YN Yes Road Surface Type Paved Roof CompositionShingle View None View YN No

    Interior Features

    Appliances None Appliances YN No 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 Laundry YN No

    Property Features

    Additional Parcels YN No 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 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 Pool Features None Pool Private YN No Property Attached YN No Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Subdivision Name Other Custom - 4179 Tenant Pays Cable TvElectricityGasTrash Collection Total Expenses 1011.08 Trash Expense 0.00 Utilities Sewer Connected Water Sewer Expense 445.00 Water Source Public Zoning Lard6

    Listing provided courtesy of Lei Eberhardt, CA DRE# , of Re/Max Gold Coast-Beach Office.


    Based on information from CRISNet MLS as of 2021-01-24T09:56:07.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-24T09:56:07.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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