$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
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,710 sqft
Price per Sqft $271
MLS Listing ID 24-391741
Sold Date 09/25/24
Bedrooms 12
Year Built 1961
Lot Size 8,067 Sqft
Acres 0.1852
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 Winnetka
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment Other
Exterior
Garage Uncovered
Garage Spaces 8.0
Building
Story 2
Level or Stories One
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Marcus & Millichap
