$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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jason Tuvia • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner