7982 De Garmo Avenue

Sun Valley, CA 91352

$1,199,991
Price
8
Beds
4
Baths
3,150 Sq. Ft.
$381 / Sq. Ft.
3,150
Sq. Ft.
$381
per Sq. Ft.

Description

Excellent investment opportunity in Sun Valley! This gated property features 4 units, each offering 2 bedrooms and 1 bathroom. With a spacious side yard and backyard, the property provides ample outdoor space for residents. Each unit comes with its own garage space, adding convenience and value. Currently occupied by long-term tenants, this property promises stable rental income and strong investment potential. Don’t miss out on this income-generating asset in a desirable location!Excellent investment opportunity in Sun Valley! This gated property features 4 units, each offering 2 bedrooms and 1 bathroom. With a spacious side yard and backyard, the property provides ample outdoor space for residents. Each unit comes with its own garage space, adding convenience and value. Currently occupied by long-term tenants, this property promises stable rental income and strong investment potential. Don’t miss out on this income-generating asset in a desirable location!
  1. Listed by Bradley Korb • DRE #00698730 • Brokerage DRE #01160663 • Brad Korb Real Estate Group • brad@bradkorb.com
  2. Listed by Dante Putrino • DRE #02190276 • Brokerage DRE #01160663 • Brad Korb Real Estate Group

Property Details for 7982 De Garmo Avenue

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3150
Assessor Parcel Number
2407-021-010
LISTING UPDATED: 12/10/2024 03:30 AM

Property Details for 7982 De Garmo Avenue

StatusActive
MLS #BB24224999
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
Lot Size0.27 AC / 11,704 SF
CountyLos Angeles County

Building Information for 7982 De Garmo Avenue

Stories1Residences-Year Built1944Building Size-Lot Size0.27 AC / 11,704 SF

Property Information for 7982 De Garmo Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $57,972
  • Gross Scheduled Income: $57,972
  • Net Operating Income: $41,128
  • Gross Multiplier: 19.91
  • Cap Rate: 3.4
Expense Details
  • Operating Expense: $16,843
  • Gardener Expense: $600
  • Fuel Expense: $0
  • Pest Control Expense: $1,020
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $5,980
  • Maintenance Percent: 60.00%
  • Professional Management Expense: $4,058
  • Trash Expense: $0
  • Water Sewer Expense: $5,185
  • Total Expenses: $16,843
Tax / Assessment Info
  • Tax Tract Number: 13170
  • Tax Census Tract: 1222.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,162
  • Unit Type Total Rent: $1,162
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,310
  • Unit Type Total Rent: $1,310
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $905
  • Unit Type Total Rent: $905
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • 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 7982 De Garmo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7982 De Garmo Avenue

Taxable ValueLand$55,011Additions$49,000Total$104,011
Tax Record2024$1,815 ($151 / month)
Home Facts
Total Finished SqFt3,150 SqFtAbove Grade Finished SqFt3,150 SqFtLot Size11,700 SqFtStyleQuadraplexYear Built1944ZoningLARD2CountyLOS ANGELESAPN2407-021-010

Schools near 7982 De Garmo Avenue

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

John H. Francis Polytechnic
Public9 to 12

Verdugo Hills Senior 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.

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7982 De Garmo Avenue is a multi-family home for sale in Sun Valley, CA 91352. This property was listed for sale on December 2, 2024 by Brad Korb Real Estate Group, it's currently listed at $1,199,991. This listing's school district is Los Angeles Unified School District. Nearby schools include Glenwood Elementary School, Sun Valley Engineering And Technology Magnet and John H. Francis Polytechnic. 7982 De Garmo Avenue is a 8-bed, 4-bath, 3,150 sqft multi-family home built in 1944.

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. 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 Brad Korb Real Estate Group, Bradley Korb, DRE #00698730; Brad Korb Real Estate Group, Dante Putrino, DRE #02190276

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.