10009 De Soto Ave, Chatsworth, CA 91311
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10009 De Soto Ave Chatsworth, CA 91311

$13,200,000 Sold Price as of 03/29/2019
  • 5856 Beds
  • 3721 Baths
  • 43,616 Sq.Ft.
Sold
$13,200,000 Sold Price as of 03/29/2019 Refinance Your Mortgage

Map preview of 10009 De Soto Ave, Chatsworth, CA 91311

Property Overview: 10009 De Soto Ave Chatsworth, CA has 5856 bedrooms, 3721 bathrooms, 43,616 living square feet and 54,694 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1963, this garden style apartment complex with lush landscaping and spacious units consists of twenty six (26) one-bedroom/ one-bath apartments and thirty five (35) two-bedroom/one bath apartments with an approximate building square feet of 43,616 on a lot size of approximately 1.256 acres of land. This well maintained, two story apartment complex features all the amenities one can ask for such as gated pool, fitness area, playground, laundry facilities, and on-site parking all nestled in a lovely, quiet community. Each unit is separately metered for gas and electric. Building has copper plumbing and the soft story retrofit was completed in 1994. Excellent assumable financing. With significant rental upside, this property provides an excellent opportunity for an investor to increase market rents, thereby making this a true value-add opportunity.

Listed by Michael Tootikian | BRE #00802699 | Keller Williams Encino-Sherman
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
54,694
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR18289841
City
Chatsworth
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 61
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 61
  • # of Beds: 96
  • # of Baths: 61
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $84,549
  • Total Rent: $84,549
  • Pro Forma/Market Rent: $105,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,014,582
  • Net Operating Income: $605,882
  • Gross Operating Income: --
  • Laundry Income: $14,400
Annual Expense Breakdown
  • Total Operating Expense: $392,662
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 10009 De Soto Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community, Fenced
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Over 40 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 61
  • Parcel Number: 2747002032
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Devonshire
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 10009 De Soto Ave

Last sold for $6,109,000 on April 1st, 2019
  • April, 2019

  • Apr 3, 2019

    Date

    Sold

    CRMLS: SR18289841

    $13,200,000

    Price

  • Jan 29, 2019

    Date

    Pending

    CRMLS: SR18289841

    $13,600,000

    Price

  • Dec 12, 2018

    Date

    Active

    CRMLS: SR18289841

    $13,600,000

    Price

  • April, 2019

  • Apr 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $6,109,000

    Price

  • May, 2014

  • May 30, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 10009 De Soto Ave

Assessed Value (2020): $13,456,440
Year Land Value Improved Value Assessed Value
2020 $5,375,400 $8,081,040 $13,456,440

Home Value Compared to the Market

This property vs the competition

10009 De Soto Ave sold on March 29, 2019 for 1321.11% higher than the current median sold price for the city of Chatsworth which is $957,000. The median sold price per/sqft for Chatsworth is $436 and this home is sold at $311.81 per/sqft which puts the price per square foot 28.48% lower than the current median sale per square foot for the city of Chatsworth.

About 10009 De Soto Ave

Detailed summary of property

10009 De Soto Ave is a multi family that recently sold in Chatsworth, CA 91311. This multi family property offered 5856 bedrooms, 3721 bathrooms, roughly 43,616 living square feet, and sits on an approximately 54,694 square foot lot. 10009 De Soto Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $13,200,000. Home in Chatsworth are selling for a median price of $957,000 and a median price per square foot of $436. Based on Ardent Real Estate Group's Chatsworth Market Data, this home is sold 1321.11% higher than the current median priced home. Local homes that are currently for sale include 1628 W Oceanfront. While the average home in Chatsworth, CA is selling in 78 days, 10009 De Soto Ave has a days on market of 49 days. There are currently 89 homes for sale in the Chatsworth real estate market and 62 of them are single family homes while 11 of them are condos and 16 are townhomes. For more information on this home for sale at 10009 De Soto Ave Chatsworth, CA 91311 contact Ardent Real Estate Group and we will put you in touch with one of our Chatsworth agents.

Public Facts for 10009 De Soto Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
43,616
Lot Size
54,711
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1,2
APN
2747-002-032

The source for these homes facts are from public records.

91311 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$924,995
Median List Price/Sq.Ft.
$462
Median Sold Price
$957,000
Median Sold Price/Sq.Ft.
$436
Total Inventory
86
Median Sale to List Price %
103.46%
Avg Days on Market
48
Loan Type
Conventional (48%), FHA (8%), VA (0%), Cash (4%), Other (40%)

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Related Resources to 10009 De Soto Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.