8633 Columbus Avenue

North Hills, CA 91343

$5,800,000
Price
7
Beds
43
Baths
24,142 Sq. Ft.
$240 / Sq. Ft.
24,142
Sq. Ft.
$240
per Sq. Ft.

Description

We are pleased to present the opportunity to acquire a 34-unit value-add multifamily, located in North Hills. Built in 1974, the subject proporty is located at one of the most desirable rental market in San Fernando Valley, and it offers an excellent unit mix comprised of (12) two-bedroom units and (22) one bedroom units. All units are individual Parcels except two legalized units. The two legalized units are combined into one of the parcel. Buyer to satisfy its own investigation. The ownership has...We are pleased to present the opportunity to acquire a 34-unit value-add multifamily, located in North Hills. Built in 1974, the subject proporty is located at one of the most desirable rental market in San Fernando Valley, and it offers an excellent unit mix comprised of (12) two-bedroom units and (22) one bedroom units. All units are individual Parcels except two legalized units. The two legalized units are combined into one of the parcel. Buyer to satisfy its own investigation. The ownership has completed the seismic retrofitting. The roof is replaced in 2023. Currently it was painted in fresh.
  1. Listed by Grady Liu • DRE #01290494 • Brokerage DRE #01290494 • MacroReal Inv Grp Inc. • gradyl@macroreal.com
  2. Listed by Hao Ding • DRE #02024511 • Brokerage DRE #01290494 • MacroReal Inv Grp Inc.

Property Details for 8633 Columbus Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
34.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
24142
Assessor Parcel Number
2654-021-099
Property Attached YN
true
LISTING UPDATED: 10/21/2024 05:20 AM

Property Details for 8633 Columbus Avenue

StatusActive
MLS #TR24217958
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1974
CountyLos Angeles County

Building Information for 8633 Columbus Avenue

Building/Complex8633 Columbus AveFloor-Stories2Residences-Pet Policy-Year Built1974Building Size-

Property Information for 8633 Columbus Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $293,450
  • Gross Multiplier: 10.0
  • Cap Rate: 5.06
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 34654
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: FRONT
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 34
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 22
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2295
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 33
  • Number Of Separate Gas Meters: 33
  • Number Of Separate Water Meters: 1

Property History for 8633 Columbus Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 8633 Columbus Avenue

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

Valley Academy Of Arts And Sciences
Public9 to 12

Northridge Academy High
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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

8633 Columbus Avenue is a multi-family home for sale in North Hills, CA 91343. This property was listed for sale on October 21, 2024 by MacroReal Inv Grp Inc., it's currently listed at $5,800,000. It has been on the market for a total of 43 days and was last sold on May 28, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Noble Avenue Elementary School, Vista Middle School and Valley Academy Of Arts And Sciences. 8633 Columbus Avenue is a 7-bed, 43-bath, 24,142 sqft multi-family home built in 1974.

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 MacroReal Inv Grp Inc., Grady Liu, DRE #01290494; MacroReal Inv Grp Inc., Hao Ding, DRE #02024511

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.