$1,550,000
$1,750,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
8 Baths
5,710 SqFt
SOLD DATE : 09/25/2024
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,710 sqft
Price per Sqft $271
MLS Listing ID 24391741
Sold Date 09/25/24
Bedrooms 12
HOA Y/N No
Year Built 1961
Lot Size 8,067 Sqft
Property Description
8 units in Winnetka, the heart of the San Fernando Valley. Great unit mix - 4 - 1bedroom + 1 bath and 4 - 2 bedroom + 1 bath units. There is 5,710 sq. ft. of building. It was built in 1961 and it sits on a 8,064 sq. ft. lot. Long term owner. Below market rents with HUGE upside in the rents. Individually metered for gas and electricity. There are currently 2 vacant units. There is an excellent assumable loan. The current loan balance is approximately $841,000, interest rate is 4% fixed until 7/28/2026, due in 2046. Close to shops, restaurants, public transportation and California State University, Northridge. Can be purchased with 7353 Corbin Ave - 10 units.
Location
State CA
County Los Angeles
Area Win - Winnetka
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 8
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2115018004
Special Listing Condition Standard
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Bought with Jason Tuvia • Marcus & Millichap
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Broker Associate | Lic# 01905244