18139 Roscoe Boulevard

Northridge, CA 91325

$1,100,000
Last Sold Price
8
Beds
5
Baths
3,700 Sq. Ft.
$297 / Sq. Ft.
3,700
Sq. Ft.
$297
per Sq. Ft.

Description

18139 Roscoe Blvd is the perfect property for the first-time investor or a seasoned owner wanting to add to their portfolio. One of the lowest entry points into a 5-unit on the market today, Roscoe Blvd is a super clean apartment building with (3) large 2-bedroom, 1-bath units and (2) 1-bedroom, 1-bath units. There are beautiful orange and lemon trees on the property, giving the building a homie feel for the tenants. Gated and secured entry, with private parking in the rear of the property. The roof...18139 Roscoe Blvd is the perfect property for the first-time investor or a seasoned owner wanting to add to their portfolio. One of the lowest entry points into a 5-unit on the market today, Roscoe Blvd is a super clean apartment building with (3) large 2-bedroom, 1-bath units and (2) 1-bedroom, 1-bath units. There are beautiful orange and lemon trees on the property, giving the building a homie feel for the tenants. Gated and secured entry, with private parking in the rear of the property. The roof is new as of 2016 and all of the plumbing has been replaced with copper as well as all new drains. With approximately 25% upside in rents, this is a great value-add investment. The apartments are fully occupied, so no showings without an accepted offer. Please do not disturb the tenants!
  1. Listed by Chase Simonton • DRE #01766871 • Brokerage DRE #00590104 • RE/MAX One

Property Details for 18139 Roscoe Boulevard

Zoning
LAR3
Style
Bungalow
Parcel Number
2786014014
Total Units
5.0
Living Area
3700
Source Living Area
Vendor Enhanced
Area
Northridge (NR)
Vacancy Rate
0

Location

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871

Sold By RE/MAX One, Chase Simonton, DRE #01766871

Add your commute
LISTING UPDATED: 08/11/2021 01:32 PM

Property Details for 18139 Roscoe Boulevard

StatusSold
MLS #21-684424
Days on Market98
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.18 AC / 7,799 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871

Sold By RE/MAX One, Chase Simonton, DRE #01766871

Add your commute

Building Information for 18139 Roscoe Boulevard

Stories1Residences-Year Built1956Building Size-Lot Size0.18 AC / 7,799 SF

Payment Calculator

$7,219 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18139 Roscoe Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 1+1, 2+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,488
  • Net Operating Income: $40,349.00
  • Gross Income: $73,488
  • Cap Rate: 3.37%
  • Gross Rent Multiplier: $16.26
  • Actual Annual Gross Rent: $73,488.00
  • Actual Gross Annual Income: $73,488
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 30934
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.179
  • Lot Size Square Feet: 7799
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 5
  • Parking Features: Covered
Interior Features
Interior Features
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Gas
  • Equipment: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-25-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,593.00
  • Unit Actual Rent: $1,593.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,489.00
  • Unit Actual Rent: $1,489.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,053.00
  • Unit Actual Rent: $1,053.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,053.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $936.00
  • Unit Actual Rent: $936.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $61,233.00
  • Assessed Improvement Percent: 61.84
  • Assessed Land Value: $37,787.00
  • Assessed Land Percent: 38.16
  • Assessed Total Value: $99,020.00

Property History for 18139 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 18139 Roscoe Boulevard

Taxable ValueLand$477,360Additions$643,765Total$1,121,125
Tax Record2023$14,594 ($1,216 / month)
Home Facts
Total Finished SqFt3,700 SqFtAbove Grade Finished SqFt3,700 SqFtLot Size7,799 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningLAR3CountyLOS ANGELESAPN2786-014-014

Schools near 18139 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
Cantara Street Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Valley Academy Of Arts And Sciences
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 RE/MAX One, Chase Simonton, DRE #01766871

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.