6009 Buffalo Avenue, Unit 3

Valley Glen, CA 91401

$2,900,000
Last Sold Price
22
Beds
144
Baths
6,016 Sq. Ft.
$482 / Sq. Ft.
6,016
Sq. Ft.
$482
per Sq. Ft.

Description

Reduced! A true Pride Of Ownership unique investment opportunity with potential for development of townhomes/small lot subdivision. The subject property is located one block from the Oxnard/Woodman Orange Line and is in a quiet residential neighborhood surrounded by single family homes with tree-lined streets and lush landscaping throughout. This eight(8) unit apartment building is to be sold along with the property next door at 6019 Buffalo Avenue thereby making this a total of a 12 unit garden...Reduced! A true Pride Of Ownership unique investment opportunity with potential for development of townhomes/small lot subdivision. The subject property is located one block from the Oxnard/Woodman Orange Line and is in a quiet residential neighborhood surrounded by single family homes with tree-lined streets and lush landscaping throughout. This eight(8) unit apartment building is to be sold along with the property next door at 6019 Buffalo Avenue thereby making this a total of a 12 unit garden style apartment community with a rare development component on 2 separate parcels of land. The current improvements, built in 1955 and 1959 respectively, feature 12 apartment homes all with fireplaces and private patios and an exceptional unit composition of Eight (8) 1 Bedroom – 1 Bathroom and Four (4) 2 Bedroom – 1.5 Bathroom units. 6009 Buffalo Avenue has an APN of 2320-028-015 and 6019 Buffalo Avenue has an APN of 2330-028-014. Unique one-of-kind property, swimming pool, laundry facilities, individual hot water heaters in each unit. Combined lot size is approximately 30,483 square feet. Call Listing Agent for details.
  1. Listed by Michael Tootikian • DRE #00802699 • Brokerage DRE #01811831 • Keller Williams Encino-Sherman Oaks
  2. Listed by Rich Johns • DRE #01432215 • KW Commercial Studio City

Property Details for 6009 Buffalo Avenue, Unit 3

Parking Spaces Total
0
Private Pool
No
Total Units
12.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6016
Assessor Parcel Number
2330-028-015
Property Attached YN
false

Location

Listing Courtesy of Keller Williams Encino-Sherman Oaks, Michael Tootikian, DRE #00802699; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By Justin White, Justin White, DRE #01267826

Add your commute
LISTING UPDATED: 05/22/2020 05:40 AM

Property Details for 6009 Buffalo Avenue, Unit 3

StatusClosed
MLS #SR19286070
Days on Market122
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.50 AC / 21,955 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Encino-Sherman Oaks, Michael Tootikian, DRE #00802699; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By Justin White, Justin White, DRE #01267826

Add your commute

Building Information for 6009 Buffalo Avenue, Unit 3

Stories-Residences-Year Built1959Building Size-Lot Size0.50 AC / 21,955 SF

Payment Calculator

$18,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$2,226

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6009 Buffalo Avenue, Unit 3

Income / Expense / Tax Details
Income Details
  • Gross Income: $182,364
  • Gross Scheduled Income: $182,364
  • Net Operating Income: $105,610
  • Financing: Owner Carried
Expense Details
  • Operating Expense: $73,107
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $73,107
Tax / Assessment Info
  • Tax Tract Number: 20378
  • Tax Census Tract: 1236.02
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
Exterior Features
  • Pool Features: Community, Fenced
  • Pool Description: Fenced
Land/Lot Info
  • Additional Parcels Description: 2330028014
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 22
  • Unit Type Baths Total: 12
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $15,072
  • Unit Type Total Rent: $15,072
  • Unit Type Pro Forma: 23600
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2

Public Records for 6009 Buffalo Avenue, Unit 3

Taxable ValueLand$1,318,176Additions$756,642Total$2,074,818
Tax Record2023$26,713 ($2,226 / month)
Home Facts
Total Finished SqFt6,016 SqFtAbove Grade Finished SqFt6,016 SqFtLot Size21,956 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLARD1.5CountyLOS ANGELESAPN2330-028-015

Schools near 6009 Buffalo Avenue, Unit 3

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
Public - 9 to 12
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

Jack London Community Day 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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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 Encino-Sherman Oaks, Michael Tootikian, DRE #00802699; KW Commercial Studio City, Rich Johns, DRE #01432215

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.