13760 Bessemer Street

Van Nuys, CA 91401

$1,429,000
Last Sold Price
13
Beds
7
Baths
5,043 Sq. Ft.
$283 / Sq. Ft.
5,043
Sq. Ft.
$283
per Sq. Ft.

Description

A well-located 6-unit, two-story apartment building in the desirable community of Valley Glen. It is 100% occupied with low rents which present upward income potential. This apartment building sits on a quiet residential street and is near transportation and great shopping. The building has a three-year new roof and a two-year new central water heater. The property includes six parking spaces and a separate on-site laundry room. There is additional monthly income from a garage rental and a laundry...A well-located 6-unit, two-story apartment building in the desirable community of Valley Glen. It is 100% occupied with low rents which present upward income potential. This apartment building sits on a quiet residential street and is near transportation and great shopping. The building has a three-year new roof and a two-year new central water heater. The property includes six parking spaces and a separate on-site laundry room. There is additional monthly income from a garage rental and a laundry facility. There are no Section 8 tenants in the building. Additionally, the seismic retrofit work has just been completed and, through the Seismic Cost Recovery Program, a buyer can look forward to receiving $38 per tenant, per month which equates to approimately $27,360 over 10 years.
  1. Listed by Laura Klein • DRE #01435968 • Brokerage DRE #01435968 • KRE + Associates

Property Details for 13760 Bessemer Street

Zoning
LARD2
Style
Mid-Century
Cross Streets
Woodman and Hazeltine
Parcel Number
2239022020
Total Units
6.0
Living Area
5043
Source Living Area
Vendor Enhanced
Area
Valley Glen (VG)

Location

Listing Courtesy of KRE + Associates, Laura Klein, DRE #01435968

Sold By Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911

Add your commute
LISTING UPDATED: 11/04/2021 06:10 PM

Property Details for 13760 Bessemer Street

StatusSold
MLS #21-688392
Days on Market201
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,477 SF
CountyLos Angeles County

Location

Listing Courtesy of KRE + Associates, Laura Klein, DRE #01435968

Sold By Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911

Add your commute

Virtual Tour

Building Information for 13760 Bessemer Street

Stories2Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,477 SF

Payment Calculator

$9,342 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,799

Property Taxes

$1,543

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13760 Bessemer Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Single level
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Central Water Heater
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is, Property Report, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $100,837
  • Net Operating Income: $59,475.00
  • Gross Income: $100,837
  • Cap Rate: 4.20%
  • Gross Rent Multiplier: $13.84
  • Actual Annual Gross Rent: $100,837.00
  • Actual Gross Annual Income: $100,837
  • Actual Rent Total: $8,403.08
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 41362
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Size Square Feet: 7477
Parking Details
Parking Details
  • Parking Garage: Assigned, Carport Attached, Driveway, Garage - 1 Car
  • Total Parking: 6
  • Covered Parking: 6
  • Open Other Spaces Total: 0
  • Carport Spaces Total: 4
  • Parking Features: Assigned, Attached Carport, Driveway, Garage - Single Door
Interior Features
Interior Features
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Ceiling Fan, Wall Unit(s)
  • Heating Type: Wall Gas
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Cooking Appliances: Built-In Gas, Range
  • Laundry: Community
  • Laundry Equipment: Lease
  • Virtual Tour Url: https://vimeo.com/508209757
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Construction: Wood frame
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-03-2021
  • Listing Terms: Cash, Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $960.38
  • Unit Actual Rent: $960.38
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,487.50
  • Unit Actual Rent: $1,487.50
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,165.50
  • Unit Actual Rent: $1,165.50
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,424.80
  • Unit Actual Rent: $1,424.80
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $930.84
  • Unit Actual Rent: $930.84
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number of Disposal: 6
  • Number of Electric Meters: 6
  • Number of Gas Meters: 6
  • Number Leased: 6
  • Number Range: 6
  • Number Rented Garages: 1
  • Number Wall AC: 6
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $113,893.00
  • Assessed Land Value: $41,397.00

Property History for 13760 Bessemer 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 13760 Bessemer Street

Taxable ValueLand$874,140Additions$583,440Total$1,457,580
Tax Record2023$18,511 ($1,543 / month)
Home Facts
Total Finished SqFt5,043 SqFtAbove Grade Finished SqFt5,043 SqFtLot Size7,477 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLARD2CountyLOS ANGELESAPN2239-022-020

Schools near 13760 Bessemer Street

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

Louis D. Armstrong Middle School
Charter6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 KRE + Associates, Laura Klein, DRE #01435968

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.