10700 Cushdon Avenue

Los Angeles, CA 90064

$2,935,000
Last Sold Price
5
Beds
4
Baths
3,748 Sq. Ft.
$783 / Sq. Ft.
3,748
Sq. Ft.
$783
per Sq. Ft.

Description

-Lease commenced November 12, 2019 and expires November 12, 2029.- Net income of $152,238 annually, NNN-2% annual increases -Two (2) five year option periods at market rent but not less than rent in the prior year-Use for operation of a recovery and residential treatment home-Showing upon accepted offer-Do not disturb existing tenant-Lease commenced November 12, 2019 and expires November 12, 2029.- Net income of $152,238 annually, NNN-2% annual increases -Two (2) five year option periods at market rent but not less than rent in the prior year-Use for operation of a recovery and residential treatment home-Showing upon accepted offer-Do not disturb existing tenant
  1. Listed by Edmond Sachse • DRE #01021349 • Brokerage DRE #00867471 • Kennedy Wilson Auction Group

Property Details for 10700 Cushdon Avenue

Zoning
LAR1
Parcel Number
4255024024
Total Units
1.0
Living Area
3748
Source Living Area
Appraiser
Area
Cheviot Hills/Rancho Park (C08)
Vacancy Rate
0
Lot Size Area
7599

Location

Listing Courtesy of Kennedy Wilson Auction Group, Edmond Sachse, DRE #01021349

Sold By Alexander Magur, Alexander Magur, DRE #01952352

Add your commute
LISTING UPDATED: 09/13/2021 05:17 PM

Property Details for 10700 Cushdon Avenue

StatusSold
MLS #20-564490
Days on Market274
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
Lot Size0.17 AC / 7,599 SF
CountyLos Angeles County

Location

Listing Courtesy of Kennedy Wilson Auction Group, Edmond Sachse, DRE #01021349

Sold By Alexander Magur, Alexander Magur, DRE #01952352

Add your commute

Building Information for 10700 Cushdon Avenue

Stories2Residences-Year Built1944Building Size-Lot Size0.17 AC / 7,599 SF

Payment Calculator

$19,117 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,017

Property Taxes

$3,100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10700 Cushdon Avenue

Community / Development
Community / Development
  • Number Of Units: 1
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $183,600
  • Net Operating Income: $152,238.00
  • Gross Income: $183,600
  • Cap Rate: 5.10%
  • Gross Rent Multiplier: $16.58
  • Actual Annual Gross Rent: $183,600.00
  • Total Annual Expense: 31362
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7599
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Attached
  • Total Parking: 4
Interior Features
Interior Features
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-16-2020
Unit Details
Unit 1 Information
  • Unit Beds: 5
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $183,600.00
  • Unit Actual Rent: $152,238.00
  • Unit Projected Rent: $183,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Total Value: $2,530,000.00

Property History for 10700 Cushdon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10700 Cushdon Avenue

Taxable ValueLand$1,771,176Additions$1,282,397Total$3,053,573
Tax Record2023$37,196 ($3,100 / month)
Home Facts
Beds5Total Finished SqFt4,116 SqFtAbove Grade Finished SqFt4,116 SqFtStories1Lot Size7,599 SqFtStyleSingle Family ResidenceYear Built1944ZoningLAR1CountyLOS ANGELESAPN4255-024-024

Schools near 10700 Cushdon Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Overland Avenue Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Magnolia Science Academy 4 School
Charter6 to 12

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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Listing Courtesy of Kennedy Wilson Auction Group, Edmond Sachse, DRE #01021349

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.