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.
Property Details
Property Features
Property Information:
Year Built: 1974
Stories: 2
Listing Office:
Office Name: MacroReal Inv Grp Inc.
Office Email: gradyl@macroreal.com
Listing Agent: Grady Liu
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.84 Acres
School Info
Assigned Schools Information:
James Monroe High School, Public Magnet Grades 9-12
Valley Academy of Arts and Sciences, Public District Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Vista Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Noble Avenue Elementary School, Public District Grades KG-5
Academy For Enriched Sciences, Public Magnet Grades 1-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: East of Sepulveda
Price Information
Listing Price Info
Price Summary:
List Price: $5,800,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $4.7M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #TR24217958
Listing Office:
Office Name: MacroReal Inv Grp Inc.
Office Email: gradyl@macroreal.com
Listing Agent: Grady Liu
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/5/2024, 6:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$29K
Per Month
Principal & Interest
$28.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.4K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Noble Avenue Elementary School
8329 Noble Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school10.78 miles
Public Magnet Grades 1-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school12.05 miles
Public Magnet Grades KG-6
Middle School
3
/10
Vista Middle School
15040 Roscoe Blvd
Distance between this listing and this school0.55 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.62 miles
Public District Grades 6-8
High School
4
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.00 miles
Public Magnet Grades 9-12
7
/10
Valley Academy of Arts and Sciences
10445 Balboa Blvd
Distance between this listing and this school3.08 miles
Public District Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school3.22 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Noble Avenue Elementary School
8329 Noble Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school10.78 miles
Public Magnet Grades 1-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school12.05 miles
Public Magnet Grades KG-6
Assigned Schools
3
/10
Vista Middle School
15040 Roscoe Blvd
Distance between this listing and this school0.55 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.62 miles
Public District Grades 6-8
Nearby Schools
2
/10
Valley Charter Middle School
9229 Haskell Ave
Distance between this listing and this school1.00 miles
Public Charter Grades 6-8
Assigned Schools
4
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.00 miles
Public Magnet Grades 9-12
7
/10
Valley Academy of Arts and Sciences
10445 Balboa Blvd
Distance between this listing and this school3.08 miles
Public District Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school3.22 miles
The neighbors living near this home have an average income of $34,545. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8633 Columbus Ave
What is the listing price of this property?
The listing price of 8633 Columbus Ave property is $5,800,000.
What type of property is this?
The property 8633 Columbus Ave is a condo located in North Hills, California, 91343.
Is this property for sale now?
Active Listing: 8633 Columbus Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8633 Columbus Ave are: Noble Avenue Elementary School: GreatSchools Rating 5/10Academy For Enriched Sciences: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Vista Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10James Monroe High School: GreatSchools Rating 4/10Valley Academy of Arts and Sciences: GreatSchools Rating 7/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Which year was this property built?
The year of construction for 8633 Columbus Ave is 1974.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8633 Columbus Ave in North Hills, CA and zip code 91343 in the The San Fernando Valley neighborhood. This home, which was built in 1974, sits on a 0.84 acre lot. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $5,800,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.