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$1,695,000
Est. payment /mo
13 Beds
7 Baths
0.47 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25084597
Bedrooms 13
HOA Y/N No
Lot Size 0.474 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Value-Add 7-unit multi-family property featuring a 6-unit apartment building alongside a detached house, all set on a spacious lot with significant vacant land at the rearideal for future development. This property has been a reliable long-term investment, with a new roof installed in late 2024 and recent retrofitting of the carport to meet updated earthquake safety codes. Currently, rents are below market value, presenting multiple avenues for growth. Investors can capitalize on opportunities to increase rental income, add additional units including AB 1211 ADUs, or explore redevelopment options.
Exceptional Value-Add 7-unit multi-family property featuring a 6-unit apartment building alongside a detached house, all set on a spacious lot with significant vacant land at the rearideal for future development. This property has been a reliable long-term investment, with a new roof installed in late 2024 and recent retrofitting of the carport to meet updated earthquake safety codes. Currently, rents are below market value, presenting multiple avenues for growth. Investors can capitalize on opportunities to increase rental income, add additional units including AB 1211 ADUs, or explore redevelopment options.
Exceptional Value-Add 7-unit multi-family property featuring a 6-unit apartment building alongside a detached house, all set on a spacious lot with significant vacant land at the rearideal for future development. This property has been a reliable long-term investment, with a new roof installed in late 2024 and recent retrofitting of the carport to meet updated earthquake safety codes. Currently, rents are below market value, presenting multiple avenues for growth. Investors can capitalize on opportunities to increase rental income, add additional units including AB 1211 ADUs, or explore redevelopment options.
Location
State CA
County Los Angeles
Area Sylmar (91342)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $124
Acceptable Financing Exchange, Seller May Carry
Space Rent $10,660
Listing Terms Exchange, Seller May Carry
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Listed by Jeff Brandolino • Brandolino Group
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