Property Description
Originally built in 1963, this offering consists of a highly desirable mix of seven 1+1, two 2+1, sixteen 2+2 and four 3+2 units. The structure is two stories that total approximately 28,376 SF. The apartments surround a courtyard featuring a sparkling pool and a gated entry with 29 covered secured parking spaces. Numerous updated interiors are adorned with a combination of wood laminate & tile floors, granite counters and large walk in closets. Many updated units feature large walk-in closets, wall air conditioning units, ceiling fans, and balconies. With all units currently occupied, this property presents an excellent value-add opportunity offering potential for growth and appreciation for years to come. There is approximately 37% rental upside and an on-site laundry room that provides additional income. The property is located on a corner lot within two blocks of both the 405 Freeway and Sepulveda Boulevard. Tenants are steps away from Starbucks, Bank of America, Walgreens, Vallarta Supermarket, and other retail centers.
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TurboHome Fair Market Estimate
TurboHome Savings
$83,508
TurboHome Estimated Value
$5,371,100
$189 sqft
High Valuation
$5,639,655
$199/sqft
Normal Valuation
$5,371,100
$189/sqft
Low Valuation
$5,102,545
$180/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $189/sqft | $5,371,100 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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