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8649 Sunland Blvd , #5

Sun Valley, CA 91352
  • $299,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 24-438721
UPDATED: 21 min ago
$299,000
  • 2
    BEDS
  • 0.57
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 897
    SQFT
  • $333
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1963
County:
Area:

School Ratings & Info

Description

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-11-12T10:42:57.153. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/155107732
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8649 Sunland Blvd , #5 Sun Valley, CA 91352

  • Price: $299,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 21 min ago
  • MLS #: 24-438721
2
Beds
1
Baths
0
½ Baths
0.57
Acres
897
SQFT
$333
$/SQFT
1963
Built
Neighborhood:
Sun Valley
County:
Los Angeles
Area:
Sun Valley
Property Description
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.
Exterior Features

Building Type Co-opAttached Covered Parking 0 Horse YN No Levels One Lot Size Area 24771 Parking Garage Assigned Pool Description None Pool YN No Spa None Spa YN No Style Traditional Tennis Court None Tennis YN No Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Common Walls Attached Cooking Appliances MicrowaveOven-ElectricFree Standing Electric Cooling Wall Unit(s) Den No Dining Room No Equipment MicrowaveRange/OvenRefrigerator Family Room Yes Fireplace Rooms None Fireplaces 0 Flooring Laminate Furnished Unfurnished Heating Wall Laundry CommunityLaundry Area One Quarter Baths 0 Rooms Family Room

Property Features

Amenities Controlled Access Association Fees Include TrashWater and Sewer PaidWaterSewer Association Pet Rules Yes Available For Lease No Complex Name Citicore Property Management Disclosures CC and R Entry Floor Number 1 Fireplace YN No Hoa Fee Frequency1 Monthly Hoa Fee1 308.00 Hoa Yn Yes Land Lease Purchase YN No Lease Option No Number Of Units 23 Planned Urban Development No Property Condition Fixer Property Sub Type Condominium Sale Type Standard Security Features Card/Code AccessGatedSmoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Unit Floor In Building 1 Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Scott Goshorn DRE#01964409 of Rodeo Realty: 310-724-7100.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-11-12T10:42:57.153. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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