2426 South Nancy Street
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Description
Individual laundry hookups
20% upside in rent
Long term tenants
Buyers are to cooperate with the seller’s 1031 exchange at no cost. This property is a gem in a sought-after community popular with renters, perfect for investors looking for a stable asset with appreciating value as an addition to their portfolio. The back of the building has the potential to build one ADU.
- Listed by Shawn Luong • DRE #00857818 • Brokerage DRE #02188471 • eXp Realty of Greater Los Angeles • 626-643-7090
Property Details for 2426 South Nancy Street
Property Details for 2426 South Nancy Street
| Status | Active |
|---|---|
| MLS # | CV24237683 |
| Days on Market | 86 |
| Taxes | - |
| HOA Fees | $225 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1978 |
| Lot Size | 0.26 AC / 11,503 SF |
| County | Los Angeles County |
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Building Information for 2426 South Nancy Street
Property Information for 2426 South Nancy Street
- Tenant Pays: Electricity, Gas
- Pets Allowed: Call For Rules
- Gross Income: $0
- Gross Scheduled Income: $126,600
- Vacancy Allowance: 3798
- Vacancy Allowance Rate: 3
- Gross Operating Income: $122,802
- Net Operating Income: $89,677
- Gross Multiplier: 12.83
- Cap Rate: 5.52
- Operating Expense: $35,125
- Operating Expense Percent: 27.74%
- New Taxes Expense: $21,782
- Gardener Expense: $900
- Insurance Expense: $2,300
- Professional Management Expense: $5,943
- Other Expense: $2,700
- Other Expense Description: HOA dues
- Trash Expense: $1,200
- Water Sewer Expense: $3,000
- Total Expenses: $13,343
- Tax Tract Number: 32339
- CFD/Mello-Roos Fee: $2,968
- Tax Lot: 11
- Association Amenities: Pool, Clubhouse
- Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
- Complex Name: Woodbridge HOA
- Association Name: Woodbridge HOA
- Interior Features: Balcony, Copper Plumbing Full
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
- Fireplace Features: Living Room
- Fireplace Rooms: Living Room
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Virtual Tour URL Unbranded: https://www.youtube.com/embed/v6dcAJaVSzk
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Exterior: Stucco
- Roof: Shingle
- Entry Location: living room
- Foundation Details: Slab
- Pool Features: Association, Community, In Ground
- Pool Description: Association Pool, In Ground
- Pool: Below Ground, Community/Common
- Lot Features: 21-25 Units/Acre, Gentle Sloping, Landscaped, Lot 6500-9999, Rectangular Lot, Near Public Transit
- Direction Faces: West
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 5
- Parking: Yes
- Parking Garage: Carport, Direct Entrance, Driveway, Garage - 1 Car, Garage - 2 Car
- Parking Garage Spaces: 5
- Carport Spaces: 3
- Parking Features: Carport, Detached Carport, Direct Garage Access, Driveway, Asphalt, Garage Faces Side, Garage - Single Door, Garage - Two Door
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,148
- Unit Type Total Rent: $2,148
- Unit Type Pro Forma: 3100
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,150
- Unit Type Total Rent: $2,150
- Unit Type Pro Forma: 2550
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 2550
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 2550
- Unit Type Type: 4
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
Property History for 2426 South Nancy Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2426 South Nancy Street
Schools near 2426 South Nancy Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Villacorta Elementary School PublicK to 6 | ||
Giano Intermediate School Public7 to 8 | ||
Nogales High School Public9 to 12 | ||
Rowland Assistive Technology Academy PublicK 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 eXp Realty of Greater Los Angeles, Shawn Luong, DRE #00857818
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.