$1,550,000
$1,750,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
5,710 SqFt
SOLD DATE : 09/25/2024
Key Details
Sold Price $1,550,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,710 sqft
Price per Sqft $271
MLS Listing ID CL24391741
Sold Date 09/25/24
HOA Y/N No
Year Built 1961
Lot Size 8,067 Sqft
Acres 0.19
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 Listing
Zoning LARD
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Type Other, Uncovered Parking Space
Building
New Construction No
Others
Tax ID 2115018004
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with JasonTuvia