Price Reduced! 10.25X Current GRM and a 6.34% Ca. 1980 Construction (subject to AB-1482), no City of LA rent control. Prime location one block from CSUN. Below market rent rates and implementing RUBS system will greatly increase cashflow. Building has been newly painted and is located in a High Resource Area (SAFMR are Tier 4). Tremendous upside and opportunity on this.
Property Type(s):
Residential Income
|
Last Updated
|
3/5/2025
|
Year Built
|
1980
|
|
Community
|
Northridge
|
County
|
Los Angeles
|
Price History
|
Prior to Mar 5, '25
|
$5,100,000 |
| Mar 5, '25 - Today |
$4,900,000 |
Additional Details
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Microwave |
| AREA |
Northridge |
| GARAGE |
Assigned, Gated |
| HEAT |
Wall Furnace |
| LOT |
0.52 acre(s) |
| LOT DIMENSIONS |
75x300 |
| PARKING |
Assigned,Gated |
| STORIES |
2 |
| ZONING |
LAR3 |
Location
Listed with Keller Williams Studio City
Based on information from CRMLS as of 3/14/25 6:12 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. 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.
This IDX solution is (c) Diverse Solutions 2025.
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