5320 Las Virgenes Rd

7
Baths
34,366 Sq. Ft.
$242 / Sq. Ft.
34,366
Sq. Ft.
$242
per Sq. Ft.

Description

Malibu Creek Apartments is a trophy 44-unit apartment community in the city of Calabasas. Built in 1989, the community's seven residential buildings are on two neighboring lots split by Parkmor Road. The larger lot hosts 36 units that surround the community's pool, spa and laundry room while eight units are situated on the smaller lot. 34 units have been completely renovated (the remaining will be renovated upon normal apartment turn).Malibu Creek Apartments is a trophy 44-unit apartment community in the city of Calabasas. Built in 1989, the community's seven residential buildings are on two neighboring lots split by Parkmor Road. The larger lot hosts 36 units that surround the community's pool, spa and laundry room while eight units are situated on the smaller lot. 34 units have been completely renovated (the remaining will be renovated upon normal apartment turn).
  1. Listed by Vincent Norris • DRE #00843890 • Brokerage DRE #00843890 • Delson/Norris
  2. Listed by Dean Zander • DRE #00875853 • Brokerage DRE #00843890 • Berkadia

Property Details for 5320 Las Virgenes Road

Zoning
C S RM*
Parcel Number
2052015031
Total Units
36.0
Living Area
34366
Source Living Area
Assessor
Area
Calabasas (CLB)
Vacancy Rate
3%
Lot Size Area
59677
LISTING CLOSED: 08/09/2010 12:00 AM

Property Details for 5320 Las Virgenes Road

StatusSold
MLS #09-384527
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size1.37 AC / 59,677 SF
CountyLos Angeles County

Location

Listing Courtesy of Delson/Norris, Vincent Norris, DRE #00843890; Berkadia, Dean Zander, DRE #00875853

Sold By Delson/Norris, Vincent Norris, DRE #00843890

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Building Information for 5320 Las Virgenes Road

Stories-Residences-Year Built1989Building Size-Lot Size1.37 AC / 59,677 SF

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$51,218 per month

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Principal and Interest

$42,188

Property Taxes

$9,030

HOA Dues

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Property Information for 5320 Las Virgenes Road

Community / Development
Community / Development
  • Number Of Units: 36
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 0
  • Number Of Buildings: 7
  • Type Of Units: Res
  • View: No
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Limited Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $814,221
  • Net Operating Income: $525,063.00
  • Gross Income: $814,221
  • Gross Rent Multiplier: $9.56
  • Total Annual Expense: 289158
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 59677
Parking Details
Parking Details
  • Parking Garage: Carport, Uncovered
  • Total Parking: 74
  • Parking Features: Carport, Uncovered
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
Lease Terms
Lease Terms
  • Entry Date: 07-15-2009
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,375.00
  • Unit Actual Rent: $71,247.00
  • Unit Projected Rent: $71,247.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,342.00
  • Like Units: 10
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,159.00
  • Like Units: 4
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,578.00
  • Like Units: 16
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,915.00
  • Like Units: 12
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $3,087,394.00
  • Assessed Land Value: $3,307,922.00

Property History for 5320 Las Virgenes Road

DateEvent & SourcePriceAppreciation
Aug 9, 2010

Sold

CLAW #09-384527

$8,300,000
Aug 9, 2010

Sold

CRMLS #09384527

$8,300,000
Oct 30, 2009

Sold (Public Record)

Public Record #277898997

$6,683,000

+1.9% / yr

DateEvent & SourcePrice
08/09/2010

Sold

CLAW #09-384527

$8,300,000
08/09/2010

Sold

CRMLS #09384527

$8,300,000
10/30/2009

Sold (Public Record)

Public Record #277898997

$6,683,000

+1.9% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5320 Las Virgenes Road

Taxable ValueLand$4,399,127Additions$4,227,449Total$8,626,576
Tax Record2025$108,359 ($9,030 / month)
Home Facts
Baths60Total Finished SqFt34,366 SqFtAbove Grade Finished SqFt34,366 SqFtLot Size59,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1989Year Renovated1989ZoningC S RM*CountyLOS ANGELESAPN2052-015-031

Schools near 5320 Las Virgenes Road

This home is within Las Virgenes Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Lupin Hill Elementary School
PublicK to 5

Arthur E. Wright Middle School
Public6 to 8

Calabasas High School
Public9 to 12

Las Virgenes Independent
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Delson/Norris, Vincent Norris, DRE #00843890; Berkadia, Dean Zander, DRE #00875853

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, 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.