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Apartments For Sale • 14,887 SF
| 41% Rental Upside Potential: Scheduled rent of $299,119 grows to $422,820 at market rents of $2,695 for the 2B/2B and $2,795 for the 3B/2B. |
| Three Leases Since November 2024. Units 206, 207 and 203, average $2,562 a month. |
| First Time on the Market Since 2000: One ownership since the May 2000 purchase. |
| Renovated Interiors on Turnover: Shaker cabinetry, stainless appliances and plank flooring in the units marketed since 2024. |
| Expense Upside on Turnover. Ownership carried $50,655 of utilities on the trailing twelve months; a utility bill-back on new leases. |
| New Roof Before Close of Escrow: Ownership is installing a new roof in September 2026, with the contract in the due diligence package. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak) | 7 min | - | 3.4 mi |
| Sun Valley Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) | 7 min | - | 3.8 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 5 min | - | 2.8 mi |
| Los Angeles International | 35 min | - | 24.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 13 |
| Type: | Covered |
| Included in Rent: | Yes |
Morgan Wetmore
Marcus & Millichap
Morgan Wetmore
Marcus & Millichap
