7122 Amigo Ave

28
Baths
16,816 Sq. Ft.
$324 / Sq. Ft.
16,816
Sq. Ft.
$324
per Sq. Ft.

Description

We are pleased to present this Non-Rent Controlled fourteen (14) unit investment opportunity located at 7122 Amigo Ave in Reseda This 14-unit apartment building was built in 2013 and is not subject to the city of Los Angeles rent control. The building is located a half block south of Sherman Way, which offers many amenities for the tenants such as restaurants, medical services, and shopping. This three-story apartment building offers a great unit mix of (7) 1+1+Den and (7) 2+2 units all of which...We are pleased to present this Non-Rent Controlled fourteen (14) unit investment opportunity located at 7122 Amigo Ave in Reseda This 14-unit apartment building was built in 2013 and is not subject to the city of Los Angeles rent control. The building is located a half block south of Sherman Way, which offers many amenities for the tenants such as restaurants, medical services, and shopping. This three-story apartment building offers a great unit mix of (7) 1+1+Den and (7) 2+2 units all of which are large and average about 1,000 SF each. The building features onsite laundry on each floor and gated parking for all residents with about 25 parking spaces. The building has five (5) units that will be delivered vacant. These units have been updated and the roof was recently replaced. This investment is ideal for a 1031 investment.

Listing Agents

  1. Tim Byrne

    Tim Byrne

    Listing Agent

    Compass

    DRE #01186465

    tim.byrne@compass.com

    P: (310)-801-3442

  2. Justin Sawai

    Justin Sawai

    Alternative Listing Agent

    Compass

    DRE #01972681

    justin.sawai@compass.com

    P: (310)-625-4200

Property Details for 7122 Amigo Avenue

Zoning
LARAS3
Parcel Number
2126006017
Total Units
14.0
Living Area
16816
Source Living Area
Vendor Enhanced
Area
Reseda Ranch (RESR)
Vacancy Rate
35%
Lot Size Area
12000
LISTING UPDATED: 07/15/2024 04:53 PM

Property Details for 7122 Amigo Avenue

StatusSold
MLS #22-169377
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2013
Lot Size0.28 AC / 12,000 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass, Tim Byrne, DRE #01186465; Compass, Justin Sawai, DRE #01972681

Sold By Marcus & Millichap, Roderick 'Rick' Raymundo, DRE #01357019; Marcus & Millichap, Justino Faaola, DRE #02038198

Add your commute

Building Information for 7122 Amigo Avenue

Stories3Residences-Year Built2013Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$32,368 per month

30 year fixed, 6.15% Interest

Principal and Interest

$26,562

Property Taxes

$5,806

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 7122 Amigo Avenue

Community / Development
Community / Development
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $396,320
  • Net Operating Income: $249,992.00
  • Gross Income: $391,320
  • Gross Scheduled Income: $391,320
  • Cap Rate: 4.55%
  • Gross Rent Multiplier: $13.90
  • Total Annual Expense: 142365
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.2755
  • Lot Size Square Feet: 12000
  • Lot Size Dimensions: 75x160
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 25
  • Parking Features: Covered
Interior Features
Interior Features
  • Cooling: Central Forced Air
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Dishwasher, Built-Ins, Hood Fan, Elevator, Range/Oven, Garbage Disposal
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-17-2022
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,159.00
  • Unit Actual Rent: $12,300.00
  • Unit Projected Rent: $10,795.00
  • Like Units: 5
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,388.00
  • Unit Actual Rent: $11,200.00
  • Unit Projected Rent: $9,550.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $4,900.00
  • Unit Projected Rent: $4,900.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,475.00
  • Unit Actual Rent: $8,400.00
  • Unit Projected Rent: $8,400.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Percent: 75.0
  • Assessed Land Percent: 25

Property History for 7122 Amigo Avenue

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Hold

SDMLS #15-848871

—
Aug 23, 2022

Sold

SDMLS #22-169377

$5,450,000—
Aug 23, 2022

Sold

CLAW #22-169377

$5,450,000—
Aug 23, 2022

Sold

CRMLS #22169377

$5,450,000—
Aug 18, 2022

Sold (Public Record)

Public Record #1496072515

$5,450,000

+2.8% / yr

Aug 10, 2022

Pending

CRMLS #22169377

—
Aug 2, 2022

Pending

CLAW #22-169377

—
Aug 2, 2022

Pending

SDMLS #22-169377

—
Jul 29, 2022

Price Change

CLAW #22-169377

$5,500,000—
Jul 6, 2022

Price Change

CLAW #22-169377

$5,850,000—
Jun 17, 2022

Listed (Active)

CLAW #22-169377

$6,125,000—
Jun 17, 2022

Listed (Active)

CRMLS #22169377

$6,125,000—
Jun 17, 2022

Listed (Active)

SDMLS #22-169377

$6,125,000—
Jul 23, 2019

Sold

SDMLS #PW19065793

$5,000,000—
Jul 23, 2019

Sold

CLAW #PW19065793MR

$5,000,000—
Jul 23, 2019

Sold

CRMLS #PW19065793

$5,000,000—
Jun 24, 2019

Sold (Public Record)

Public Record #648770381

$5,000,000

+5.5% / yr

Jun 21, 2019

Pending

CRMLS #PW19065793

—
Jun 21, 2019

Pending

CLAW #PW19065793MR

—
Mar 25, 2019

Listed (Active)

CRMLS #PW19065793

$5,275,000—
Mar 25, 2019

Listed (Active)

SDMLS #PW19065793

$5,275,000—
Mar 25, 2019

Listed (Active)

CLAW #PW19065793MR

$5,275,000—
Mar 24, 2017

Sold

SDMLS #17193478

$4,430,000—
Mar 24, 2017

Sold

CLAW #17-193478

$4,430,000—
Mar 24, 2017

Sold

CRMLS #17193478

$4,430,000—
Mar 20, 2017

Sold (Public Record)

Public Record #590545750

$4,430,000

+9.4% / yr

Feb 6, 2017

Pending

CRMLS #17193478

—
Feb 6, 2017

Pending

CLAW #17-193478

—
Jan 16, 2017

Listed (Active)

SDMLS #17193478

$4,350,000—
Jan 16, 2017

Listed (Active)

CLAW #17-193478

$4,350,000—
Jan 16, 2017

Listed (Active)

CRMLS #17193478

$4,350,000—
Feb 13, 2014

Sold (Public Record)

Public Record #410082532

$3,350,000

+123.5% / yr

Oct 31, 2013

Pending

SDMLS #15-848871

—
Oct 23, 2013

Listed (Active)

SDMLS #15-848871

$3,175,000—
Aug 27, 2013

Withdrawn / Cancelled

CRMLS #CC329233

$3,699,000—
Aug 22, 2013

Listed (Active)

CRMLS #CC329233

$3,699,000—
Dec 29, 2010

Sold

CRMLS #F1840810

$260,000—
Dec 29, 2010

Sold

CLAW #F1840810CN

$260,000—
Dec 10, 2010

Sold (Public Record)

Public Record #301517434

$260,000—
Nov 30, 2010

Pending

CLAW #F1840810CN

—
Nov 30, 2010

Pending

CRMLS #F1840810

—
Apr 20, 2010

Listed (Active)

CLAW #F1840810CN

$395,000—
Apr 20, 2010

Listed (Active)

CRMLS #F1840810

$395,000—
Mar 9, 2010

Expired

CRMLS #F1828192

$499,000—
Mar 8, 2010

Expired

CLAW #F1828192CN

$499,000—
Dec 11, 2009

Listed (Active)

CLAW #F1828192CN

$499,000—
Dec 11, 2009

Listed (Active)

CRMLS #F1828192

$499,000—
DateEvent & SourcePrice
11/17/2025

Hold

SDMLS #15-848871

—
08/23/2022

Sold

SDMLS #22-169377

$5,450,000
08/23/2022

Sold

CLAW #22-169377

$5,450,000
08/23/2022

Sold

CRMLS #22169377

$5,450,000
08/18/2022

Sold (Public Record)

Public Record #1496072515

$5,450,000

+2.8% / yr

08/10/2022

Pending

CRMLS #22169377

—
08/02/2022

Pending

CLAW #22-169377

—
08/02/2022

Pending

SDMLS #22-169377

—
07/29/2022

Price Change

CLAW #22-169377

$5,500,000
07/06/2022

Price Change

CLAW #22-169377

$5,850,000
06/17/2022

Listed (Active)

CLAW #22-169377

$6,125,000
06/17/2022

Listed (Active)

CRMLS #22169377

$6,125,000
06/17/2022

Listed (Active)

SDMLS #22-169377

$6,125,000
07/23/2019

Sold

SDMLS #PW19065793

$5,000,000
07/23/2019

Sold

CLAW #PW19065793MR

$5,000,000
07/23/2019

Sold

CRMLS #PW19065793

$5,000,000
06/24/2019

Sold (Public Record)

Public Record #648770381

$5,000,000

+5.5% / yr

06/21/2019

Pending

CRMLS #PW19065793

—
06/21/2019

Pending

CLAW #PW19065793MR

—
03/25/2019

Listed (Active)

CRMLS #PW19065793

$5,275,000
03/25/2019

Listed (Active)

SDMLS #PW19065793

$5,275,000
03/25/2019

Listed (Active)

CLAW #PW19065793MR

$5,275,000
03/24/2017

Sold

SDMLS #17193478

$4,430,000
03/24/2017

Sold

CLAW #17-193478

$4,430,000
03/24/2017

Sold

CRMLS #17193478

$4,430,000
03/20/2017

Sold (Public Record)

Public Record #590545750

$4,430,000

+9.4% / yr

02/06/2017

Pending

CRMLS #17193478

—
02/06/2017

Pending

CLAW #17-193478

—
01/16/2017

Listed (Active)

SDMLS #17193478

$4,350,000
01/16/2017

Listed (Active)

CLAW #17-193478

$4,350,000
01/16/2017

Listed (Active)

CRMLS #17193478

$4,350,000
02/13/2014

Sold (Public Record)

Public Record #410082532

$3,350,000

+123.5% / yr

10/31/2013

Pending

SDMLS #15-848871

—
10/23/2013

Listed (Active)

SDMLS #15-848871

$3,175,000
08/27/2013

Withdrawn / Cancelled

CRMLS #CC329233

$3,699,000
08/22/2013

Listed (Active)

CRMLS #CC329233

$3,699,000
12/29/2010

Sold

CRMLS #F1840810

$260,000
12/29/2010

Sold

CLAW #F1840810CN

$260,000
12/10/2010

Sold (Public Record)

Public Record #301517434

$260,000
11/30/2010

Pending

CLAW #F1840810CN

—
11/30/2010

Pending

CRMLS #F1840810

—
04/20/2010

Listed (Active)

CLAW #F1840810CN

$395,000
04/20/2010

Listed (Active)

CRMLS #F1840810

$395,000
03/09/2010

Expired

CRMLS #F1828192

$499,000
03/08/2010

Expired

CLAW #F1828192CN

$499,000
12/11/2009

Listed (Active)

CLAW #F1828192CN

$499,000
12/11/2009

Listed (Active)

CRMLS #F1828192

$499,000

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

Public Records for 7122 Amigo Avenue

Taxable ValueLand$1,425,348Additions$4,244,832Total$5,670,180
Tax Record2025$69,673 ($5,806 / month)
Home Facts
Total Finished SqFt16,816 SqFtAbove Grade Finished SqFt16,816 SqFtStories1Lot Size12,000 SqFtStyleMulti-Family Res (5+ Units)Year Built2013ZoningLARAS3CountyLOS ANGELESAPN2126-006-017

Schools near 7122 Amigo Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - 11 to 12
Rating
School
Distance
Reseda Elementary School
PublicK to 5

William Mulholland Middle School
Public6 to 8

Reseda Senior High School
Charter9 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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tim Byrne, DRE #01186465; Compass, Justin Sawai, DRE #01972681

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.