7311 Darby Place

Reseda, CA 91335

$1,175,000
Last Sold Price
5
Beds
2,728 Sq. Ft.
$431 / Sq. Ft.
2,728
Sq. Ft.
$431
per Sq. Ft.

Description

Don't miss out on your chance to own two homes on a lot! This property is perfect for a multi-family, an investment property with solid monthly income, or as a primary residence with a chance to hedge part of the mortgage. It currently has one two bedroom home fully remodeled in 2020 and a beautiful large home in the back comprised of 3 bedrooms which was newly built in 2021. Both homes feature up to date kitchens, open floor plans for entertaining, new central air units, energy efficient windows,...Don't miss out on your chance to own two homes on a lot! This property is perfect for a multi-family, an investment property with solid monthly income, or as a primary residence with a chance to hedge part of the mortgage. It currently has one two bedroom home fully remodeled in 2020 and a beautiful large home in the back comprised of 3 bedrooms which was newly built in 2021. Both homes feature up to date kitchens, open floor plans for entertaining, new central air units, energy efficient windows, and newly redone electrical panels. With an almost 10,000 sqft lot both units have ample space and yards. The property sits on a quiet street and is conveniently located near shopping, grocery stores, and near the 101 freeway. Currently tenant occupied homes bring in $6,700 per month (3000 + 3700) and have room for upside. Seller currently has approved plans from the city to also convert the garage into a junior ADU which would allow for even more income on a property that already has terrific cash-flow.
  1. Listed by Willie Hertz • DRE #01908659 • Brokerage DRE #01877665 • Media West Realty,Inc.
  2. Listed by Christopher Hertz • DRE #01910839 • Brokerage DRE #01877665 • Media West Realty,Inc.

Property Details for 7311 Darby Place

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Plans
Living Area
2728
Assessor Parcel Number
2119-024-015

Location

Listing Courtesy of Media West Realty,Inc., Willie Hertz, DRE #01908659; Media West Realty,Inc., Christopher Hertz, DRE #01910839

Sold By NONMEMBER MRML, Ann Nguyen, DRE #02017488

Add your commute
LISTING UPDATED: 04/07/2023 04:56 AM

Property Details for 7311 Darby Place

StatusClosed
MLS #BB22244023
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.22 AC / 9,657 SF
CountyLos Angeles County

Location

Listing Courtesy of Media West Realty,Inc., Willie Hertz, DRE #01908659; Media West Realty,Inc., Christopher Hertz, DRE #01910839

Sold By NONMEMBER MRML, Ann Nguyen, DRE #02017488

Add your commute

Building Information for 7311 Darby Place

Stories1Residences-Year Built1949Building Size-Lot Size0.22 AC / 9,657 SF

Payment Calculator

$7,092 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,412

Property Taxes

$680

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7311 Darby Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $80,400
  • Gross Scheduled Income: $80,400
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 14517
  • Tax Census Tract: 1318.01
  • CFD/Mello-Roos Fee: $368
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • 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: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $36,000
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,700
  • Unit Type Total Rent: $44,400
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 7311 Darby Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7311 Darby Place

Taxable ValueLand$519,701Additions$129,924Total$649,625
Tax Record2023$8,166 ($680 / month)
Home Facts
Beds2Total Finished SqFt1,361 SqFtAbove Grade Finished SqFt1,361 SqFtStories1Lot Size9,657 SqFtStyleSingle Family ResidenceYear Built1949ZoningLAR1CountyLOS ANGELESAPN2119-024-015

Schools near 7311 Darby Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 6 to 12
Public - 9 to 12
Rating
School
Distance
Garden Grove Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Reseda Senior High School
Charter6 to 12

John R. Wooden 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 Media West Realty,Inc., Willie Hertz, DRE #01908659; Media West Realty,Inc., Christopher Hertz, DRE #01910839

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.