8155 Reseda Blvd
Reseda, CA 91335

$5,881,600

Last Sold Price

Beds

Baths

27,915 Sq. Ft.

$211 / Sq. Ft.

27,915

Sq. Ft.

$211

per Sq. Ft.

Sold 7/15/15

8155 Reseda Boulevard Reseda, CA 91335 - Photo 1 of 14

Description

Non-rent control building with exceptionally spacious units, many with balconies. New on-site laundry room with new washers and dryers. Common areas updated recently and all staircases and front doors freshly painted. The property is a security building with intercom system and gated parking, extra spaces for guests. Over 75% of the units have been updated, some with granite counter tops. There is copper plumbing and is separately metered for utilities. Upside in rents with a pro forma CAP of 5.08%...Non-rent control building with exceptionally spacious units, many with balconies. New on-site laundry room with new washers and dryers. Common areas updated recently and all staircases and front doors freshly painted. The property is a security building with intercom system and gated parking, extra spaces for guests. Over 75% of the units have been updated, some with granite counter tops. There is copper plumbing and is separately metered for utilities. Upside in rents with a pro forma CAP of 5.08% and pro forma GRM of 11.62. Certificate of Occupancy is 1979. Centrally located in the heart of the San Fernando Valley close to the 101, 118 and 405 freeways with convenient access to public transportation including the Metro Station.

Listed by Karen Juncosa • DRE #01081625 • Brokerage DRE #00824452 • Sotheby's International Realty

Property Details for 8155 Reseda Boulevard

Zoning

LAR3

Parcel Number

2103007011

Total Units

37.0

Living Area

27915

Source Living Area

Assessor

Area

Reseda Ranch (RESR)

Vacancy Rate

Lot Size Area

30634

LISTING UPDATED: 07/15/2015 04:22 PM

Property Details for 8155 Reseda Boulevard

Status	Sold
MLS #	15-889969
Days on Market	85
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income
Year Built	1978
Lot Size	0.70 AC / 30,634 SF
County	Los Angeles County

Location

Listing Courtesy of Sotheby's International Realty, Karen Juncosa, DRE #01081625

Sold By LA Property Management And Brokerage Cor, Joshua Botnick, DRE #01513584

Add your commute

Building Information for 8155 Reseda Boulevard

Stories3Residences-Year Built1978Building Size-Lot Size0.70 AC / 30,634 SF

Payment Calculator

$38,192 per month

30 year fixed, 6.15% Interest

Principal and Interest

$28,666

Property Taxes

$9,526

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 8155 Reseda Boulevard

Community / Development

Number Of Units: 37

Structure Info

Year Built Source: Assessor
Number Of Stories: 3

Number Of Buildings: 1
Type Of Units: Multi Family
View: No
Sewer: In Street

Contract Info

Financing: Cash To New Loan
Disclosures: As Is

Listing Type: Exclusive Right To Sell
Service Level: Full Service

Income & Expenses Information

Scheduled Actual: Actual
Gross Operating Income: $462,700

Net Operating Income: $284,794.00
Gross Income: $453,900
Cap Rate: 4.79%
Gross Rent Multiplier: $12.85
Garage Income: $4,200
Laundry Income: $4,050
Expense Actual Annual Vacancy: $.00
Total Annual Expense: 164025
Water Expense: $18,061.00
Gas Expense: $13,692
Electric Expense: $5,048.00
Trash Expense: $3,738.00
Tax Expense: $74,313
Gardener Expense: $1,600
Insurance Expense: $8,041

Land / Lot Info

Additional Parcel Number: No
Lot Size Square Feet: 30634

Geocode Override: 0.0

Parking Details

Parking Garage: Gated
Total Parking: 52

Covered Parking: 52

Interior Features

Den: No
Family Room: 0

Dining Room: 0
Cooling Type: Window Unit(s)
Heating Type: Wall
Equipment: Elevator
Interior Features: Elevator
Laundry: Community

Exterior Features

Pool: No
Tennis: No

Lease Terms

Entry Date: 03-24-2015
Listing Terms: Cash To New Loan

Rent Control: 0

Unit Details

Unit 1 Information

Unit Beds: 39
Unit Baths: 37

Unit Furnished: No
Unit Rent: $37,825.00
Unit Actual Rent: $37,825.00
Unit Projected Rent: $37,825.00
Like Units: 37

Unit Details

Unit Type Type: 2106

Tax and Assessed Info

Assessed Improvement Value: $2,610,000.00
Assessed Land Value: $1,520,000.00

Property History for 8155 Reseda Boulevard

Date	Event & Source	Price	Appreciation
Jul 15, 2015	Sold SDMLS #15889969	$5,881,600	—
Jul 15, 2015	Sold CRMLS #15889969	$5,881,600	—
Jul 15, 2015	Sold CLAW #15-889969	$5,881,600	—
Jul 9, 2015	Sold (Public Record) Public Record #553033320	$5,812,000	+2.6% / yr
Apr 23, 2015	Pending CLAW #15-889969		—
Apr 23, 2015	Pending CRMLS #15889969		—
Apr 17, 2015	Listed (Active) CLAW #15-889969	$5,945,000	—
Mar 23, 2015	Listed (Active) CRMLS #15889969	$5,945,000	—
Mar 23, 2015	Listed (Active) SDMLS #15889969	$5,945,000	—
Mar 11, 2015	Expired CRMLS #14809197		—
Mar 10, 2015	Expired CLAW #14-809197	$5,995,000	—
Jan 2, 2015	Listed (Active) CLAW #14-809197	$5,995,000	—
Jan 2, 2015	Listed (Active) CRMLS #14809197	$5,995,000	—
Aug 6, 2014	Expired CARETS #14761205	$5,500,000	—
Jun 3, 2014	Withdrawn / Cancelled CARETS #14761205		—
May 15, 2014	Listed (Active) CARETS #14761205	$5,500,000	—
Jul 20, 2007	Sold (Public Record) Public Record #225109933	$4,750,000	+14.7% / yr
Jul 20, 2007	Sold CRMLS #CC226825	$4,750,000	—
Jul 20, 2007	Sold CLAW #R702010MR	$4,750,000	—
Jul 20, 2007	Sold CRMLS #R702010	$4,750,000	—
Jul 5, 2007	Pending CLAW #R702010MR		—
Jul 5, 2007	Pending CRMLS #R702010		—
Feb 22, 2007	Listed (Active) CRMLS #CC226825	$4,750,000	—
Feb 22, 2007	Listed (Active) CRMLS #R702010	$4,750,000	—
Feb 22, 2007	Listed (Active) CLAW #R702010MR	$4,750,000	—
Dec 31, 2006	Expired CLAW #FR2035539CN	$4,780,000	—
Jun 1, 2006	Expired CRMLS #FR2035539	$4,780,000	—
Jun 1, 2006	Listed (Active) CRMLS #FR2035539	$4,780,000	—
Jun 1, 2006	Listed (Active) CLAW #FR2035539CN	$4,780,000	—
Jun 1, 2006	Listed (Active) CRMLS #CC203108	$4,780,000	—
Nov 25, 1998	Sold (Public Record) Public Record #67721150	$1,450,000	—

Date	Event & Source	Price
07/15/2015	Sold SDMLS #15889969	$5,881,600
07/15/2015	Sold CRMLS #15889969	$5,881,600
07/15/2015	Sold CLAW #15-889969	$5,881,600
07/09/2015	Sold (Public Record) Public Record #553033320	$5,812,000 +2.6% / yr
04/23/2015	Pending CLAW #15-889969	—
04/23/2015	Pending CRMLS #15889969	—
04/17/2015	Listed (Active) CLAW #15-889969	$5,945,000
03/23/2015	Listed (Active) CRMLS #15889969	$5,945,000
03/23/2015	Listed (Active) SDMLS #15889969	$5,945,000
03/11/2015	Expired CRMLS #14809197	—
03/10/2015	Expired CLAW #14-809197	$5,995,000
01/02/2015	Listed (Active) CLAW #14-809197	$5,995,000
01/02/2015	Listed (Active) CRMLS #14809197	$5,995,000
08/06/2014	Expired CARETS #14761205	$5,500,000
06/03/2014	Withdrawn / Cancelled CARETS #14761205	—
05/15/2014	Listed (Active) CARETS #14761205	$5,500,000
07/20/2007	Sold (Public Record) Public Record #225109933	$4,750,000 +14.7% / yr
07/20/2007	Sold CRMLS #CC226825	$4,750,000
07/20/2007	Sold CLAW #R702010MR	$4,750,000
07/20/2007	Sold CRMLS #R702010	$4,750,000
07/05/2007	Pending CLAW #R702010MR	—
07/05/2007	Pending CRMLS #R702010	—
02/22/2007	Listed (Active) CRMLS #CC226825	$4,750,000
02/22/2007	Listed (Active) CRMLS #R702010	$4,750,000
02/22/2007	Listed (Active) CLAW #R702010MR	$4,750,000
12/31/2006	Expired CLAW #FR2035539CN	$4,780,000
06/01/2006	Expired CRMLS #FR2035539	$4,780,000
06/01/2006	Listed (Active) CRMLS #FR2035539	$4,780,000
06/01/2006	Listed (Active) CLAW #FR2035539CN	$4,780,000
06/01/2006	Listed (Active) CRMLS #CC203108	$4,780,000
11/25/1998	Sold (Public Record) Public Record #67721150	$1,450,000

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

Public Records for 8155 Reseda Boulevard

Taxable ValueLand$3,641,052Additions$5,600,624Total$9,241,676

Tax Record2025$114,317 ($9,526 / month)

Home Facts

Total Finished SqFt26,598 SqFtAbove Grade Finished SqFt26,598 SqFtLot Size30,634 SqFtStyleMulti-Family Res (5+ Units)Year Built1978ZoningLAR3CountyLOS ANGELESAPN2103-007-011

Schools near 8155 Reseda Boulevard

This home is within Los Angeles Unified School District.


Rating	School	Type	Grades	Distance
7/10	Blythe Street Elementary School	Public - Serves this home	K to 5	0.4 mi
4/10	Northridge Middle School	Public - Serves this home	6 to 8	0.8 mi
6/10	Northridge Academy High	Public - Serves this home	9 to 12	1.9 mi
7/10	Valley Academy Of Arts And Sciences	Public - Serves this home	9 to 12	3.4 mi
9/10	Grover Cleveland Charter High School	Charter - Serves this home	9 to 12	0.7 mi
8/10	James Jordan Middle School	Charter - Choice school	6 to 8	0.2 mi
NR	First Lutheran Christian School	Private - Nearby school	K to 8	0.2 mi
NR	Monarch Christian School	Private - Nearby school	K to 5	0.4 mi
NR	Applied Scholastics Academy Valley	Private - Nearby school	PK to 7	1.0 mi


Rating	School	Distance
7/10	Blythe Street Elementary School PublicK to 5 Serves this home	0.4 mi
4/10	Northridge Middle School Public6 to 8 Serves this home	0.8 mi
6/10	Northridge Academy High Public9 to 12 Serves this home	1.9 mi
7/10	Valley Academy Of Arts And Sciences Public9 to 12 Serves this home	3.4 mi
9/10	Grover Cleveland Charter High School Charter9 to 12 Serves this home	0.7 mi
8/10	James Jordan Middle School Charter6 to 8 Choice school	0.2 mi
NR	First Lutheran Christian School PrivateK to 8 Nearby school	0.2 mi
NR	Monarch Christian School PrivateK to 5 Nearby school	0.4 mi
NR	Applied Scholastics Academy Valley PrivatePK to 7 Nearby school	1.0 mi

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's International Realty, Karen Juncosa, DRE #01081625

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.

8155 Reseda BlvdReseda, CA 91335

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8155 Reseda Blvd
Reseda, CA 91335