Property
Listing Agent: Hooman Emanuel (DRE #01200237) · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Andrew Moore · The ONE Luxury Properties · MLS #25490743 · Source: CRMLS
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.
Listing description from the May 2025 sale, as reported to CRMLS.