Property · 2 recorded sales since 2019
Listing Agent: Roderick 'Rick' Raymundo (DRE #01357019) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Spartak Hovakimyan · New Era Properties · MLS #20597454 · Source: CRMLS
The single-story structure has undergone several recent upgrades, with the property featuring new windows and new exterior paint. Half of the unit interiors have been remodeled with new wood flooring, granite countertops, decorative tile backsplashes, stainless steel appliances, and updated bathrooms. The investment could offer future development potential, as the 8,774 square foot lot is zoned LAR3 (Buyer to verify). Constructed in 1951, the property includes four apartment units, with private garages for each unit. Located near the intersection of Moorpark Street and Vineland Avenue, the property is halfway between the high-end shops and restaurants of Ventura Boulevard and the eclectic boutiques and cafes of the NoHo Arts District, offering tenants a short walk to either site. Universal CityWalk and Universal Studios are just one mile from the property, while the 101, 134, and 170 Freeways are easily accessible as well.
Listing description from the February 2021 sale, as reported to CRMLS.