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Key Details
Sold Price $2,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,771 sqft
Price per Sqft $476
MLS Listing ID 23280885
Bedrooms 12
Year Built 1985
Lot Size 8,681 Sqft
Property Description
SELLER FINANCING AVAILABLE - 1985 CONSTRUCTION. We are proud to present 10932 Bloomfield St, an 8-unit pride of ownership multi-family asset located in the prime Toluca Lake submarket of the San Fernando Valley. Built in 1985, this 5,771 square foot property is subject to AB-1482 Rent Control, allowing the new owner to increase rents by up to 10% annually. This income producing property features an attractive unit mix of (1) 3 bed/2 bath unit, (2) 2bed/2 bath units,(1) 1bed/1 bath unit, and (4) studio units. The large studio units have bedroom partitions, however, on title they are listed as studios and all second floor units have vaulted ceilings. Current ownership has spent over $200,000 in recent capital improvements including a new roof (2021), central air in two of the larger units, split HVAC in one studio, remodeling exterior stairs, and new security gates. The recent cosmetic improvements to the entrance and the new landscaping gives the subject property beautiful curb appeal. Tenants enjoy on-site amenities such as gated parking and laundry (owned not leased).
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Flooring Wood
Laundry Common Area
Exterior
Parking Features Covered, Door-Multi, Garage, Uncovered
Garage Spaces 6.0
Garage Description 6.0
Community Features Gated
Roof Type Shingle
Building
Lot Description Landscaped
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Toma Barseghian • Keller Williams Encino Sherman