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Looking for the perfect investment or a sweet spot to call home? This prime 2-bed, 1-bath condo in the heart of the San Fernando Valley is just what you need! Whether you're an end-user or an investor looking to beef up your portfolio, this gem delivers with a solid 5.12% CAP rate. The first-floor unit features updated flooring, newer appliances, and unbeatable access to the 5 freeway, putting entertainment, dining, and shopping at your fingertips. It's part of a co-op, so be sure to ask about financing options. The current tenant, paying $2,150/month ($25,800 annually), is happy to stay but open to moving with proper notice. Don't miss out on this income-generating opportunity! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.74% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.
Last Updated | 11/8/2024 | Year Built | 1963 |
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Community | Sun Valley | County | Los Angeles |
Additional Details
AMENITIES | Controlled Access, Trash, Water |
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APPLIANCES | Electric Oven, Microwave, Refrigerator |
AREA | Sun Valley |
GARAGE | Assigned |
HEAT | Wall Furnace |
HOA DUES | 308 |
LOT | 0.57 acre(s) |
PARKING | Assigned |
POOL DESCRIPTION | None |
STORIES | 1 |
STYLE | Traditional |
VIEW DESCRIPTION | None |
ZONING | LAR3 |
Location
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