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    5080 Avenida Oriente

    Tarzana, CA 91356
    • $1,449,900
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: SR20189571
    UPDATED: 33 min ago
    $1,449,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,529
      SQFT
    • $320
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Amazing deal! Over 4,500 sq ft, 1st time on the market in 36 years, you will not find a more unique & versatile property! Zoned as a Single family Home. Property can be easily used as 4 separate private living spaces. Perfect for an owner-user or Investor. Current owner has lived in the luxuriously updated downstairs 3+3 "main house"while enjoying income from renting 3 studio-like units upstairs with private entrances to friends and family. Located South of Ventura in coveted Tarzana Flats, just a short stroll to Ventura Blvd, popular restaurants, multiple grocery stores, & places of worship. Priced for an AS-IS sale. Gorgeous gated Cape Cod Traditional curb appeal!Rustic grey ceramic wood~like tile floors span the first level, a bright wide open great room floor plan w/stunning Gourmet kitchen equipped with professional Thermadore appliances, large farm sink,& garden window, custom cabinetry, white marble style quartz waterfall countertops & attractive breakfast bar opens to family room overlooking a large patio & terraced yard beyond with mature pomegranate & persimmon trees.Other upgrades include, stamped concrete driveway, 2019 installed Grand Sequoia Shingle Cool Roof, and Low-E windows throughout. Endless ways this house can be enjoyed, large extended families, work from home spaces w/potential for offices, recording studios, conference space, long term rental, or vacation-rental income. This is a one of a kind opportunity to own such an incredibly resourceful property!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T20:33:41.043. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/110976967
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    5080 Avenida Oriente Tarzana, CA 91356

    • Price: $1,449,900
    • Status: Active
    • Updated: 33 min ago
    • ID#: SR20189571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,529
    SQFT
    $320
    $/SQFT
    1950
    Built
    Neighborhood:
    TAR - Tarzana
    County:
    Los Angeles
    Area:
    TAR - Tarzana
    Property Description
    Amazing deal! Over 4,500 sq ft, 1st time on the market in 36 years, you will not find a more unique & versatile property! Zoned as a Single family Home. Property can be easily used as 4 separate private living spaces. Perfect for an owner-user or Investor. Current owner has lived in the luxuriously updated downstairs 3+3 "main house"while enjoying income from renting 3 studio-like units upstairs with private entrances to friends and family. Located South of Ventura in coveted Tarzana Flats, just a short stroll to Ventura Blvd, popular restaurants, multiple grocery stores, & places of worship. Priced for an AS-IS sale. Gorgeous gated Cape Cod Traditional curb appeal!Rustic grey ceramic wood~like tile floors span the first level, a bright wide open great room floor plan w/stunning Gourmet kitchen equipped with professional Thermadore appliances, large farm sink,& garden window, custom cabinetry, white marble style quartz waterfall countertops & attractive breakfast bar opens to family room overlooking a large patio & terraced yard beyond with mature pomegranate & persimmon trees.Other upgrades include, stamped concrete driveway, 2019 installed Grand Sequoia Shingle Cool Roof, and Low-E windows throughout. Endless ways this house can be enjoyed, large extended families, work from home spaces w/potential for offices, recording studios, conference space, long term rental, or vacation-rental income. This is a one of a kind opportunity to own such an incredibly resourceful property!
    Exterior Features

    Architectural Style Cape CodTraditional Construction Materials Unknown Direction Faces Northwest Entry Location Entrances On Both Levels Exterior Features Rain Gutters Fence YN Yes Fencing BlockVinylWood Foundation Details Slab Garage Spaces 2.00 Lot Features LawnLevel With StreetLot 6500-9999PavedSprinklers Drip SystemSprinklers In RearWalkstreetYard Lot Size Source Assessor Lot Size Units Square Feet Other Structures Storage Parking Features Auto Driveway Gate Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No Uncovered Spaces 3.00 View HillsNeighborhoodTrees/Woods View YN Yes

    Interior Features

    Appliances 6 Burner StoveDishwasherGas RangeWater HeaterWater Line To Refrigerator Appliances YN Yes Average Studio Area 650 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 2550 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central AirZoned Cooling YN Yes Fireplace Features Living RoomMaster BedroomMaster Retreat Fireplace YN Yes Flooring LaminateTileWood Heating Central Heating YN Yes Interior Features 2 StaircasesIn-Law FloorplanBalconyCeiling Fan(S)Copper Plumbing FullOpen FloorplanPantryRecessed LightingStone CountersWet Bar Laundry Features In ClosetIn Garage Levels Two Room Type Family RoomGreat RoomMain Floor Master BedroomMaster BathroomMaster BedroomMaster Suite Window Features Double Pane WindowsLow Emissivity Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsFoothillsHikingSidewalksStreet LightsSuburbanValley Country Us Electric 220 Volts in Laundry Electric Expense 3000.00 Elevation Units Feet Fuel Expense 1000.00 Gardener Expense 720.00 Green Energy Efficient Roof Green Energy Generation Solar Gross Income 114000.00 Gross Multiplier 12.71 Gross Scheduled Income 114000.00 Insurance Expense 1800.00 Land Lease YN No Laundry YN Yes Net Operating Income 103528.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 0 Operating Expense 10472.00 Other Expense 1776.00 Other Expense Description Solar Pest Control Expense 396.00 Property Sub Type Single Family Residence Rent Control YN No Security Features Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Tarzana Flats Total Actual Rent 9500.00 Total Expenses 10472.00 Trash Expense 480.00 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1300.00 Water Source Public Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Emily Newmark of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T20:33:41.043. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003