14924 Roscoe Boulevard

Panorama City, CA 91402

$3,590,000
Last Sold Price
19
Beds
25
Baths
13,422 Sq. Ft.
$267 / Sq. Ft.
13,422
Sq. Ft.
$267
per Sq. Ft.

Description

Value Add 17 unit building in the North Valley. Property is priced at a 5.94% current cap rate. Great unit mix of Studio, 1's, 2's and 3 bedroom units. Close proximity to public transportation, employment, and shopping. Proforma cap rate of over 8.29% and located in a dense rental area makes this an ideal value add building with no where to go but up. Property is also located in a Qualified Opportunity Zone. Make sure you check out the building video tour and OM. Call listing agent with any questions.Value Add 17 unit building in the North Valley. Property is priced at a 5.94% current cap rate. Great unit mix of Studio, 1's, 2's and 3 bedroom units. Close proximity to public transportation, employment, and shopping. Proforma cap rate of over 8.29% and located in a dense rental area makes this an ideal value add building with no where to go but up. Property is also located in a Qualified Opportunity Zone. Make sure you check out the building video tour and OM. Call listing agent with any questions.
  1. Listed by Hooman Emanuel • DRE #01200237 • Brokerage DRE #01458187 • Keller Williams Studio City

Property Details for 14924 Roscoe Boulevard

Zoning
LAR3
Parcel Number
2210003060
Total Units
17.0
Living Area
13422
Source Living Area
Vendor Enhanced
Area
Panorama City (PC)
Vacancy Rate
3%
Lot Size Area
17071

Location

Listing Courtesy of Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Sold By Privilege Realty, Ashkan Manzar, DRE #01336779

Add your commute
LISTING UPDATED: 04/05/2024 11:25 AM

Property Details for 14924 Roscoe Boulevard

StatusSold
MLS #24-345953
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.39 AC / 17,071 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Sold By Privilege Realty, Ashkan Manzar, DRE #01336779

Add your commute

Building Information for 14924 Roscoe Boulevard

Stories2Residences-Year Built1963Building Size-Lot Size0.39 AC / 17,071 SF

Payment Calculator

$22,756 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,592

Property Taxes

$3,164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14924 Roscoe Boulevard

Community / Development
Community / Development
  • Number Of Units: 17
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $339,250
  • Net Operating Income: $219,682.00
  • Gross Income: $349,743
  • Cap Rate: 5.94%
  • Gross Rent Multiplier: $10.58
  • Total Annual Expense: 119569
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3919
  • Lot Size Square Feet: 17071
  • Lot Size Dimensions: 60x280
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 14
  • Parking Features: Assigned, Covered
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Dishwasher, Microwave
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-10-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $831.00
  • Unit Actual Rent: $831.00
  • Unit Projected Rent: $1,395.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,444.00
  • Unit Actual Rent: $8,663.00
  • Unit Projected Rent: $11,370.00
  • Like Units: 6
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,833.00
  • Unit Actual Rent: $5,499.00
  • Unit Projected Rent: $6,585.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,726.00
  • Unit Actual Rent: $8,632.00
  • Unit Projected Rent: $11,475.00
  • Like Units: 5
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,158.00
  • Unit Actual Rent: $4,315.00
  • Unit Projected Rent: $5,390.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,164,540.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $1,746,811.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $2,911,351.00

Property History for 14924 Roscoe Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 14924 Roscoe Boulevard

Taxable ValueLand$1,781,747Additions$1,187,830Total$2,969,577
Tax Record2023$37,973 ($3,164 / month)
Home Facts
Total Finished SqFt13,422 SqFtAbove Grade Finished SqFt13,422 SqFtLot Size17,071 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN2210-003-060

Schools near 14924 Roscoe Boulevard

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
Michelle Obama Elementary
PublicK to 5

Vista Middle School
Public6 to 8

Panorama High School
Public9 to 12

Cal Burke High School
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.

Similar Homes

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Similar Sold 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 Keller Williams Studio City, Hooman Emanuel, DRE #01200237

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.