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7353 Corbin Ave, Winnetka, CA 91306

$2,768,135
Last sold 07/09/2024 for $2.07M
19
bed
16
bath
10,390
Sqft ($200/Sqft)

Multi-family not for sale

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About 7353 Corbin Ave

Property type Multi-family

Neighborhood

Year built 1962

HOA fee $0/month

Lot size 0.26 Acre

Movoto estimate

Property description

10 units in Winnetka, the heart of the San Fernando Valley. Great unit mix - 4 - 1 bedroom + 1 bath, 3 - 2 bedroom + 2 bath and 3 - 3 bedroom + 3 bath units. Very large units - 10,390 sq. ft. of building. It was built in 1962 and it sits on a 11,105 sq. ft. lot. Long term owner. Below market rents with HUGE upside in the rents. There are currently 3 vacant units. there is an excellent assumable loan. The current balance is approximately$1,019,654, interest rate is 4% fixed unit 7/28/2026, due in 2046. Close to shops, restaurants, public transportation and California State University, Northridge. Can be purchased with 7347 Corbin Ave - 8 units.

Listed by

Listing Agent - Michael A Salerno

Listing Office - Michael Anthony Salerno

Source: The MLS

MLS#24-391717 • last updated 1 year ago

Movoto checked The MLS for data 9 minutes ago

Overview
Levels/Style	One
MLS #	24-391717
Type	Residential Income
Status	Sold
SqFt	10390
Lot Size (SqFt)	11109
Lot Size (Acres)	0.255
Year Built	1962

Interior
Total # of Baths	16
Total # of Bedrooms	19

Exterior
# Parking Spaces	9
Parking Desc	Carport Attached
Add'l Structures	None

Amenities / Utilities
Equipment	Other

Location
County	Los Angeles
Zoning	LARD2
APN	2115-018-021

Multifamily Details
Unit 5: # Baths	1, 2
Unit 8: Furnished	No
Unit 9: Furnished	No
Unit 3: Furnished	No
Unit 1: Furnished	No
Unit 6: Furnished	No
Unit 7: Furnished	No
Unit 4: Furnished	No
Unit 5: Furnished	No
Unit 10: Furnished	No
Unit 9: Projected Rent	1895
Unit 8: Projected Rent	2950
Unit 3: Projected Rent	1895
Unit 1: Projected Rent	2200
Unit 7: Projected Rent	2950
Unit 10: # Beds	2
Unit 10: Actual Rent	653
Unit 7: # Baths	2
Unit 9: # Beds	1
Unit 8: # Beds	3
Unit 1: # Beds	2
Unit 7: # Beds	3
Unit 6: # Beds	3
Unit 4: # Beds	1
Unit 7: Rent	2950
Unit 1: Rent	1121
Unit 2: Rent	2184
Unit 3: Rent	1232
Unit 4: Rent	1895
Unit 5: Rent	1895
Unit 6: Rent	1477
Unit 8: Rent	1679
Unit 9: Rent	1039
Unit 2: Furnished	No
Unit 10: Projected Rent	2200
Unit 2: Projected Rent	2200
Unit 6: Projected Rent	2950
Unit 5: Projected Rent	1895
Unit 4: Projected Rent	1895
Unit 3: # Beds	1
Unit 2: # Beds	2
Unit 2: # Baths	2
Unit 3: # Baths	1
Unit 1: # Baths	2
Unit 4: # Baths	1
Unit 8: # Baths	2
Unit 9: # Baths	1
Unit 5: # Beds	1
Unit 4: Actual Rent	1895
Unit 7: Actual Rent	2950
Unit 2: Actual Rent	2185
Unit 3: Actual Rent	1232
Unit 8: Actual Rent	1679
Unit 9: Actual Rent	1038
Unit Type	2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
Unit 5: Actual Rent	1895
Unit 6: Actual Rent	1477
Unit 1: Actual Rent	1121
Unit 10: Rent	653
Unit 10: # Baths	2
Total # Of Buildings	1
Net Operating Income	114590
Vacancy Rate	5
Gross Income	195492
Gross Operating Income	185818
Gross Rent Multiplier	11.73
Total Annual Expenses	71228
Vacancy Amount ($)	9675