22 days on rocket

9208 Applegate Ter, Chatsworth, CA, 91311

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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9208 Applegate Ter, San Fernando Valley$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCovered, Carport
Year Built1965
CoolingCentral Air
FireplaceNone
ViewNone
MLS #SR24069242
Lot Size0.11 Acres
StatusActive

About 9208 Applegate Ter

Exciting investment opportunity awaits in the charming Lake Manor neighborhood of Chatsworth! Welcome to 9208 & 9210 Applegate Terrace - This property offers two townhouse-style units, each featuring 2 bedrooms, 1 bath, in-unit laundry room, and central A/C – sought-after amenities for tenants. Adding to its appeal, a spacious carport provides two covered parking spaces per unit. One of the property's standout features is its expansive deck, offering breathtaking views of the valley and mountains. New Roof, New HVAC (in 9208) and New stairs in 2020. Currently occupied by long-term tenants this property offers stable income. At present, rental rates are well below market value, presenting a significant 55% upside potential. With some cosmetic improvements, a savvy investor can unlock higher rental income, maximizing returns on investment and achieving a potential 6.23% CAP rate. Nestled in the friendly Lake Manor community, this property offers a serene escape from city life while remaining conveniently close to valley amenities. A local market, yoga studio, parks, and hiking trails are just a stone's throw away, providing residents with a peaceful yet active lifestyle surrounded by nature. Plus, it's only a short drive to premier shopping and dining destinations in Woodland Hills, Calabasas, and Porter Ranch. With its promising potential for growth, this property represents a prime value-add opportunity. PLEASE DO NOT DISTURB OCCUPANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2

Listing Office:

  • Office Name: JohnHart Real Estate
  • Office Phone: (818) 585-3208
  • Listing Agent: Lori Dekermenjian

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Covered, Carport

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Chatsworth Charter High School, Public Charter Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Ernest Lawrence Middle School, Public Magnet Grades 6-8
  • George Ellery Hale Charter Academy, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Justice Street Academy Charter, Public Charter 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: In between: Ida Pl and Valley Circle Blvd on Applegate Terr

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $6,680
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Fernando Valley, CA.

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San Fernando Valley, CA

City

Med. Sold Price

$938.9K

Med. Price/SqFt

$580

Avg. Days On Market

26

# of Sold Homes

836

9208 Applegate Ter vs San Fernando Valley

22 DAYS ON ROCKET

-4 Days

$850,000

-$88.9K Less

KEY TAKEAWAY

This property is $88.9K less than the Median Sold Price in San Fernando Valley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24069242

Listing Office:

  • Office Name: JohnHart Real Estate
  • Office Phone: (818) 585-3208
  • Listing Agent: Lori Dekermenjian

IDX 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: 5/1/2024, 7:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 10, 2020Home Sold
$540,000
Feb 16, 1990Home Sold
$245,000
Apr 04, 1989Home Sold
$65,000
Oct 26, 1988Home Sold
$23,755
Oct 26, 1988Home Sold
$23,755

Tax History

YEARPROP. TAXASSESSMENT
2021$6,680$540,000
2020$5,077$412,127
2019$4,958$404,047
2018$4,856$396,126
2017$4,856$388,360

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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

school-card-donut-4353118
8
/10

  • Justice Street Academy Charter

  • 23350 Justice St

  • 1.58 miles

  • Public Charter Grades KG-5

school-card-donut-4353119
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 3.89 miles

  • Public Magnet Grades 1-5

school-card-donut-4353120
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 19.65 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-4353121
6
/10

  • Ernest Lawrence Middle School

  • 10100 Variel Ave

  • 2.66 miles

  • Public Magnet Grades 6-8

school-card-donut-4353122
7
/10

  • George Ellery Hale Charter Academy

  • 23830 Califa St

  • 4.23 miles

  • Public Charter Grades 6-8

school-card-donut-4353123
4
/10

  • Studio

  • 2211 W Avenue 30

  • 24.55 miles

  • Public District Grades 6-8

High School

school-card-donut-4353124
5
/10

  • Chatsworth Charter High School

  • 10027 Lurline Ave

  • 2.95 miles

  • Public Charter Grades 9-12

school-card-donut-4353125
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 8.24 miles

  • Public Magnet Grades 9-12

school-card-donut-4353126
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 27.86 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,795. Most San Fernando Valley, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›San Fernando Valley›91311›9208 Applegate Ter

This home is located at 9208 Applegate Ter in Chatsworth, CA and zip code 91311. This home, which was built in 1965, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $850,000.

San Fernando Valley, CA housing market in April 2024 saw over 427 listings sold above listed price, more than 119 sold at listed price and over 290 sold below. The inventory of homes for sale in San Fernando Valley, CA between March 2024 and April 2024 increased by 13.8%. Listings spent 26 days on the market in April 2024, and had a median list price of $938,972 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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