10932 Bloomfield Street

Toluca Lake, CA 91602

$1,470,000
Last Sold Price
12
Beds
11
Baths
5,771 Sq. Ft.
$255 / Sq. Ft.
5,771
Sq. Ft.
$255
per Sq. Ft.

Description

Hard to find, one of a kind, 8 unit, NON RENT CONTROL building in Toluca Lake, 5-10 minutes from Warners, Universal or CBS Studio City. South of Moorpark and east of Vineland. 7 units are occupied with seasoned tenancies. Unit 8--the condo quality 3 BR/2BA--was recently renovated after a 17 year tenancy, last rented at $1925.00. The owner has upgraded this unit with renovated bathrooms, a new kitchen with shaker style cabinets, new appliances, granite countertops and new flooring. It is a light filled,...Hard to find, one of a kind, 8 unit, NON RENT CONTROL building in Toluca Lake, 5-10 minutes from Warners, Universal or CBS Studio City. South of Moorpark and east of Vineland. 7 units are occupied with seasoned tenancies. Unit 8--the condo quality 3 BR/2BA--was recently renovated after a 17 year tenancy, last rented at $1925.00. The owner has upgraded this unit with renovated bathrooms, a new kitchen with shaker style cabinets, new appliances, granite countertops and new flooring. It is a light filled, spacious unit with good privacy. This is the perfect situation for those buyers with a long term investment strategy who would also like to own a home in Toluca Lake with great potential and tax advantages. With 1/3 down, a buyer could live rent free in the 3 BD/2BA and collect $7750.00 in rent from the other 7 units to pay PITI, and still have some cash flow. If the buyer decides to rent out the 3BR/2BA instead, the projected $2300.00 rent would increase the income to $10,050.00 monthly, which is a great cash flow plus a high percentage return on the cash down payment. It's a win-win situation. This non-rent controlled building is to have and to hold for a long term. SHOWN BY APPOINTMENT ONLY-Don't walk this property. Price: $1,495,000. See remarks.
  1. Listed by William Randa • DRE #00313221 • William Randa & Assoc.

Property Details for 10932 Bloomfield Street

Architectural Style
Traditional
View
None
Parking Spaces Total
16
Private Pool
No
Cooling Type
Wall/Window
Total Units
8.0
Lot Size Source
Assessor
Lot Size Dimensions
50x173

Location

Listing Courtesy of William Randa & Assoc., William Randa, DRE #00313221

Sold By Albert Hughes, Albert Hughes, DRE #01328525

Add your commute
LISTING UPDATED: 08/03/2012 06:51 AM

Property Details for 10932 Bloomfield Street

StatusClosed
MLS #F12069219
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.20 AC / 8,681 SF
CountyLos Angeles County

Location

Listing Courtesy of William Randa & Assoc., William Randa, DRE #00313221

Sold By Albert Hughes, Albert Hughes, DRE #01328525

Add your commute

Building Information for 10932 Bloomfield Street

Stories2Residences-Year Built1985Building Size-Lot Size0.20 AC / 8,681 SF

Payment Calculator

$10,980 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,022

Property Taxes

$2,958

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10932 Bloomfield Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $10,050
  • Gross Scheduled Income: $120,600
  • Net Operating Income: $109,452
  • Gross Multiplier: 12.0
  • Financing: Cash To New Loan, Conventional
Expense Details
  • Operating Expense: $11,146
  • New Taxes Expense: $0
  • Gardener Expense: $1,200
  • Licenses Expense: $285
  • Electric Expense: $1,182
  • Insurance Expense: $1,720
  • Maintenance Expense: $2,300
  • Professional Management Expense: $0
  • Trash Expense: $1,325
  • Water Sewer Expense: $2,234
Tax / Assessment Info
  • Tax Year: 2011
  • Tax Block: 2
  • Tax Tract Number: 3162
  • Tax Lot: 9
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater
  • Interior Features: Turnkey
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Fireplace
  • Heating: Fireplace(s)
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Number Of Units: 8
  • Levels: Two
  • Sewer: Sewer Paid
  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected
  • Electric: Electricity - On Property
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage, Uncovered
  • Open Other Spaces Total: 11
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Garage, Uncovered
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 8
  • Number With Range: 8
  • Number With Refrigerator: 1
  • Number With Carpet: 8
  • Number With Disposal: 8
  • Number With Drapes: 8
  • Number With Patio: 3
  • Number Wall AC: 8

Property History for 10932 Bloomfield Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10932 Bloomfield Street

Taxable ValueLand$1,859,194Additions$1,004,305Total$2,863,499
Tax Record2023$35,496 ($2,958 / month)
Home Facts
Total Finished SqFt5,771 SqFtAbove Grade Finished SqFt5,771 SqFtLot Size8,681 SqFtStyleMulti-Family Res (5+ Units)Year Built1985ZoningLAR3CountyLOS ANGELESAPN2423-020-009

Schools near 10932 Bloomfield Street

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
Public - 6 to 11
Rating
School
Distance
Rio Vista Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 11

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.

Similar Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Randa & Assoc., William Randa, DRE #00313221

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.