8819 -8823 Lankershim Boulevard, Sun Valley, CA 91352

$1,998,000 Approx. USD 0 beds, 0 baths
8,112 sqft

Agent Remarks

***INCOME PROPERTY*** 12 Apartment Units * A GREAT INVESTMENT OPPORTUNITY *EXCELLENT MIX* Four units are 2 Bedroom + 1 Bath, and 8 units are 1 Bedroom + 1 Bath.TWO SEPARATE 6 UNIT BUILDING W/ GATED DOUBLE LOTS of 12,494 sq ft. & 8112 Construction..4 of the units (2bed+1bath) were build in 1997 and may not need retrofitting (Buyer to investigate). ALL SEPARATE GAS & ELECTRIC METERS...... 26 PARKING SPACES..Laundry hook up 3 washers & dryers (no outside contract)SITUATED IN A GROWING AREA, GOING RENTAL PRICES ARE VERY HIGH... MINUTES AWAY FROM BURBANK CITY & CITY OF LOS ANGELES..100% occupied with 20%+ upside..GROSS ACTUAL $157,000+ , OPERATING EXPENSES $21,000...PROJECTED GROSS INCOME $200,000.+ ....$

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# SR16179085
List price is $1,998,000
Beds: 0
Baths: 0
Built in 1956
8,112 sqft
0.28 acres
County: Los Angeles
Parking type: Assigned,Other
Heating description: Wall Heater
MLS area: Sun Valley (SUNV)

Last Updated: 10/17/2016

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This listing belongs to the Sun Valley (SUNV) MLS area

Lat/Long: 34.229652, -118.388137.
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Broker: Courtesy of Intero Real Estate Services
Listing Agent: Irma Vergaray

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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