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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,294 sqft
Price per Sqft $267
MLS Listing ID 24455079
Sold Date 11/27/24
Bedrooms 8
HOA Y/N No
Year Built 1958
Lot Size 7,135 Sqft
Property Description
6 units in the heart of the San Fernando Valley. Long term owner - 1st time on the market in more than 30 years. Great unit mix - 4 - 1 bedroom + 1 Bath and 2- 2 bedroom + 1 bath units. The property was built in 1958. It has 4,294 square feet and it sits on a 7,136 square foot lot. The rents are significantly below market. There is over 50% upside in the rents. Individually metered for gas and electricity. New electrical panels. Centrally located in the San Fernando Valley. Close to Pierce College, minutes to the Warner Center and Westfield Topanga Shopping Mall. **The property can be purchased along with 6500-10 Shirley Ave - 16 units located only 7 parcels from the subject property.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR3
Interior
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Attached Carport
Attached Garage Yes
Total Parking Spaces 7
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2131026022
Special Listing Condition Standard
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Bought with Anahit Petrosyan • 1st Eagle Realty
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130