1499 Ridgecrest Street
1499 Ridgecrest Street
Description
- Listed by Brian Gordon • DRE #01302670 • Brokerage DRE #01764292 • Lotus Property Services, Inc. • 626-582-8001
Property Details for 1499 Ridgecrest Street
Location
Property Details for 1499 Ridgecrest Street
| Status | Active |
|---|---|
| MLS # | AR23075938 |
| Days on Market | 355 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1962 |
| County | Los Angeles County |
Location
Building Information for 1499 Ridgecrest Street
Payment Calculator
$77,949 per month
30 year fixed, 7.25% Interest
$75,585
$2,364
$0
Property Information for 1499 Ridgecrest Street
- Gross Income: $985,598
- Gross Scheduled Income: $985,598
- Vacancy Allowance: 19540
- Vacancy Allowance Rate: 2
- Gross Operating Income: $966,058
- Net Operating Income: $621,362
- Laundry Income: $8,606
- Gross Multiplier: 14.05
- Cap Rate: 4.49
- Current Financing: None
- Operating Expense: $344,696
- Operating Expense Percent: 35.00%
- New Taxes Expense: $167,793
- Gardener Expense: $2,880
- Cable TV Expense: $4,894
- Fuel Expense: $1,955
- Licenses Expense: $2,460
- Pest Control Expense: $2,772
- Pool Expense: $5,260
- Security Expense: $15,788
- Electric Expense: $10,761
- Insurance Expense: $21,384
- Maintenance Expense: $48,303
- Maintenance Percent: 5.00%
- Professional Management Expense: $28,982
- Workmans Compensation Expense: $2,709
- Trash Expense: $11,319
- Water Sewer Expense: $17,437
- Total Expenses: $344,696
- Tax Tract Number: 22895
- Tax Census Tract: 4820.02
- CFD/Mello-Roos Fee: $0
- Tax Lot: 2
- Assessments YN: No
- Assessments: None
- Community Features: Curbs, Sidewalks, Street Lights
- Laundry: Yes
- Laundry Features: Common Area
- Laundry Equipment Own Lease: Lease
- Virtual Tour URL Branded: www.1499ridgecreststreet.com
- Virtual Tour URL Unbranded: www.1499ridgecreststreet.com
- Security Features: Automatic Gate, Resident Manager
- Security: Automatic Gate
- Entry Location: Ground
- Pool Features: Community, In Ground
- Pool Description: In Ground
- Pool: Below Ground, Community/Common
- Lot Features: Garden, Landscaped, Lot Over 40000 Sqft
- Number Of Units: 47
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Electric: Standard
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Gated
- Uncovered Spaces: 27
- Open Other Spaces Total: 27
- Parking Garage Spaces: 0
- Carport Spaces: 44
- Parking Features: Gated, Tandem Covered
- Unit Type Units Total: 23
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $35,717
- Unit Type Total Rent: $35,717
- Unit Type Pro Forma: 41550
- Unit Type Type: 1
- Unit Type Units Total: 16
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $29,980
- Unit Type Total Rent: $29,980
- Unit Type Pro Forma: 36400
- Unit Type Type: 2
- Unit Type Units Total: 8
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $15,719
- Unit Type Total Rent: $15,719
- Unit Type Pro Forma: 19200
- Unit Type Type: 3
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 47
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
Property History for 1499 Ridgecrest Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1499 Ridgecrest Street
Schools near 1499 Ridgecrest Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Brightwood Elementary School PublicK to 8 | ||
Mark Keppel High School Public9 to 12 | ||
Independence High (Alternative) School Public9 to 12 | ||
Century 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.
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Listing Courtesy of Lotus Property Services, Inc., Brian Gordon, DRE #01302670
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.