Listing by: Scott Goshorn, Rodeo Realty
2 Beds
1 Bath
897 SqFt
Active
Looking for the perfect investment or a sweet spot to call home? This prime 2-bed, 1-bath condo in the heart of the San Fernando Valley is just what you need! Whether you're an end-user or an investor looking to beef up your portfolio, this gem delivers with a solid 5.12% CAP rate. The first-floor unit features updated flooring, newer appliances, and unbeatable access to the 5 freeway, putting entertainment, dining, and shopping at your fingertips. It's part of a co-op, so be sure to ask about financing options. The current tenant, paying $2,150/month ($25,800 annually), is happy to stay but open to moving with proper notice. Don't miss out on this income-generating opportunity! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.74% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.
Property Details | ||
---|---|---|
Price | $299,000 | |
Bedrooms | 2 | |
Full Baths | 1 | |
Half Baths | 0 | |
Total Baths | 1 | |
Property Style | Traditional | |
Lot Size Area | 24771 | |
Lot Size Area Units | Square Feet | |
Acres | 0.5687 | |
Property Type | Residential | |
Sub type | Condominium | |
MLS Sub type | Condominium | |
Stories | 0 | |
Year Built | 1963 | |
View | None | |
Heating | Wall Furnace | |
Laundry Features | Community | |
Pool features | None | |
Parking Description | Assigned | |
Parking Spaces | 0 | |
Association Fee | 308 | |
Association Amenities | Controlled Access,Trash,Water,Sewer | |
Geographic Data | ||
Directions | Corner of Sunland Blvd & Olinda Street | |
County | Los Angeles | |
Latitude | 34.227175 | |
Longitude | -118.366505 | |
Market Area | SUNV - Sun Valley | |
Address Information | ||
Address | 8649 Sunland Boulevard #5, Sun Valley, CA 91352 | |
Unit | 5 | |
Postal Code | 91352 | |
City | Sun Valley | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Rodeo Realty | |
Listing Agent | Scott Goshorn | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 69 | |
MLS Status | Active | |
Listing Date | Sep 12, 2024 | |
Listing Last Modified | Nov 20, 2024 | |
Tax ID | 2408012033 | |
MLS Area | SUNV - Sun Valley | |
MLS # | 24438721 |
This information is believed to be accurate, but without any warranty.