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.
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