8248 Sepulveda Place

Panorama City, CA 91402

$7,640,000
Last Sold Price
—
Beds
27,903 Sq. Ft.
$274 / Sq. Ft.
27,903
Sq. Ft.
$274
per Sq. Ft.

Description

This 3 stories 17 unit property was built as condominiums in 2013 with a tentative tract map in place. The property boasts TWO (2+2+den), EIGHT (3+2), SEVEN (4+2) units. There is also an approximately 1000 sqft rec-room in the building with kitchen and bathroom. All units are spacious, well-maintained with washer/dryer hook-ups and currently all rented and occupied. All units are individually metered for water, electric and gas, so each tenant pays for all their utilities. The building is 27,903...This 3 stories 17 unit property was built as condominiums in 2013 with a tentative tract map in place. The property boasts TWO (2+2+den), EIGHT (3+2), SEVEN (4+2) units. There is also an approximately 1000 sqft rec-room in the building with kitchen and bathroom. All units are spacious, well-maintained with washer/dryer hook-ups and currently all rented and occupied. All units are individually metered for water, electric and gas, so each tenant pays for all their utilities. The building is 27,903 sqft on a 12901 sqft lot per assessor. There are 38 on grade secured/gated parking spaces (32 tandem + 6 single spaces). All tenants are also able to relax and enjoy the city view on the gated rooftop deck. The building has 4 stories including the garage level and one elevator that runs from the garage level all the way up to the roof deck.
  1. Listed by Hovik Sarkissian • DRE #01137922 • Providence Real Estate

Property Details for 8248 Sepulveda Place

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
17.0
Lot Size Source
Public Records
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No

Location

Listing Courtesy of Providence Real Estate, Hovik Sarkissian, DRE #01137922

Sold By Marcus & Millichap, Neema Ahadian, DRE #01346750

Add your commute
LISTING UPDATED: 06/10/2022 09:56 AM

Property Details for 8248 Sepulveda Place

StatusClosed
MLS #320009328
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2013
Lot Size0.30 AC / 12,901 SF
CountyLos Angeles County

Location

Listing Courtesy of Providence Real Estate, Hovik Sarkissian, DRE #01137922

Sold By Marcus & Millichap, Neema Ahadian, DRE #01346750

Add your commute

Building Information for 8248 Sepulveda Place

Stories-Residences-Year Built2013Building Size-Lot Size0.30 AC / 12,901 SF

Payment Calculator

$49,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$41,695

Property Taxes

$8,037

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8248 Sepulveda Place

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $0
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Vacancy Allowance: 14454
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $0
  • Net Operating Income: $419,896
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 0.0
  • Cap Rate: 0.0
  • Sold Cap Rate: 0.0
Expense Details
  • Operating Expense: $3,954
  • Operating Expense Percent: .00%
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $47,450
Tax / Assessment Info
  • Tax Rate: 0.0
  • Tax Annual Amount: $0
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Elevator, Tandem
  • Laundry: Yes
  • Cooling: Central Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Carpet, Wood
Exterior Features
  • Miscellaneous: Elevators/Stairclimber
Green Info
  • Walk Score: 0
Land/Lot Info
  • Land Lease: No
  • Land Lease Amount: $0
  • Land Value: $.00
  • Levels: Three Or More
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Carport Spaces: 0
  • Parking Features: Gated
Property / Structure Info
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
Unit Information
Unit 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 10
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 11
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 12
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 13
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 8
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit 9
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 5
Unit 10
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 6
Unit 11
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 7
Unit 12
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 8
Unit 13
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 17
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 18
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 0
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 8248 Sepulveda 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 8248 Sepulveda Place

Taxable ValueLand$3,117,120Additions$4,675,680Total$7,792,800
Tax Record2023$96,441 ($8,037 / month)
Home Facts
Total Finished SqFt27,903 SqFtAbove Grade Finished SqFt27,903 SqFtLot Size12,901 SqFtStyleMulti-Family Res (5+ Units)Year Built2013ZoningLAR3CountyLOS ANGELESAPN2209-001-019

Schools near 8248 Sepulveda Place

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
Noble Avenue Elementary School
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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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 Providence Real Estate, Hovik Sarkissian, DRE #01137922

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.