14700 Hubbard Street
14700 Hubbard Street
$1,175,000
13
7
6,452
6,452
$182
Sold 9/6/23
Description
See marketing package in docs. Major Value Add Opportunity. Approximately 109% rental upside. Priced at under $210 per square foot. 14700 Hubbard Street is a seven (7) unit apartment building constructed in 1955. The unit mix consists of one (1) 1bed+1bath unit and six (6) 2bed+1bath units. The property is a two-story, 6,452 square foot garden-style walk-up building with frame and stucco construction situated on a 10,243 square foot lot. All the units have large open floor plans that provide an investor...See marketing package in docs. Major Value Add Opportunity. Approximately 109% rental upside. Priced at under $210 per square foot. 14700 Hubbard Street is a seven (7) unit apartment building constructed in 1955. The unit mix consists of one (1) 1bed+1bath unit and six (6) 2bed+1bath units. The property is a two-story, 6,452 square foot garden-style walk-up building with frame and stucco construction situated on a 10,243 square foot lot. All the units have large open floor plans that provide an investor the opportunity to complete their own renovation plan and significantly increase rents. Unit features include large bedrooms, spacious living room areas, separate dining areas adjacent to the kitchens, and ample storage and closet space. Some of the units have updated laminate flooring in the living areas and stainless appliances in the kitchens. Downstairs units feature front patios and upstairs units feature large balconies. All units have individual hot water heaters. The utility costs at the property are uniquely low as units are separately metered for water and sewer, in addition to the standard separately metered gas and electricity. The landlord does pay for trash. Parking is provided onsite with seven (7) spaces, including six (6) tuck-under spaces. The property is also surrounded by ample street parking, which could allow an investor to consider converting a portion the tuck-under parking area into accessory dwelling units. The laundry room adjacent to the parking area is not currently in use but an investor can re-open if desired. The soft story retrofit requirement has also been completed at the property.
- Listed by Josh Kaplan • DRE #01934177 • Brokerage DRE #01026368 • Transwestern Property Company West, Inc.
Property Details for 14700 Hubbard Street
Zoning
LAR3
Parcel Number2612013005
Total Units7.0
Living Area6452
Source Living AreaVendor Enhanced
AreaSylmar (SYL)
Vacancy Rate0%
Lot Size Area10243
Location
LISTING UPDATED: 09/06/2023 02:15 PM
Property Details for 14700 Hubbard Street
Status | Sold |
---|---|
MLS # | 23-272741 |
Days on Market | 44 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.24 AC / 10,243 SF |
County | Los Angeles County |
Location
Building Information for 14700 Hubbard Street
Stories2Residences-Year Built1955Building Size-Lot Size0.24 AC / 10,243 SF
Payment Calculator
$6,874 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 14700 Hubbard Street
Property History for 14700 Hubbard Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14700 Hubbard Street
Taxable ValueLand$93,154Additions$260,320Total$353,474
Tax Record2023$5,547 ($462 / month)
Home Facts
Total Finished SqFt6,452 SqFtAbove Grade Finished SqFt6,452 SqFtLot Size10,243 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLAR3CountyLOS ANGELESAPN2612-013-005
Schools near 14700 Hubbard 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 - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Osceola Street Elementary School PublicK to 5 | ||
San Fernando Middle School Public6 to 8 | ||
Valley Academy Of Arts And Sciences Public9 to 12 | ||
Northridge Academy High Public9 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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