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18655 Clark Street, Tarzana, CA 91356

Commercial property · 2 recorded sales since 2021

18655 Clark Street, Tarzana, CA 91356 Sold December 2021 CRMLS
$4,950,000Sold December 2021

Listing Agent: Nader Naderi (DRE #01096047) · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 818-501-4800 · Bought with: Josh Trifunovic · Josh Trifunovic · MLS #SR21220629 · Source: CRMLS

15,590
Building Sq Ft
22
Units
4.28%
Cap Rate
$176,633
NOI
17,340 sqft
Lot Size
1964
Year Built
R3
Zoning
Commercial property
Type

About this commercial property

We are pleased to exclusively offer for sale for the first time in 57 years. This gated 22 Units property totals 15,590 square feet on a 17,340 square foot street to street rectangular R3 zoned lot. Great Investor’s choice to add a 22 units apartment building in an excellent location to their portfolio. The subject property is located one block from Ventura Blvd, surrounded by the Whole Foods market as well as many other supermarkets. Attractive Unit-Mix with Eight Single unit, Eight 1+1, Four 2+1 and Two 2+2. The subject property has some deferred maintenance and the Soft Story needs to be retrofitted. The property was built in 1964 with on-site laundry. Street to street, Clark St and Burbank Blvd. One unit will be delivered vacant. You may download the detailed income, expense and rent roll from the MLS Supplements. Offer deadline is Tuesday October 12th.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$4,950,000
Sold December 2021 · listed $4,100,000, on market October 2021 · MLS #SR21220629 · Source: CRMLS
Listing Agent: Nader Naderi · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 818-501-4800 · Bought with: Josh Trifunovic · Josh Trifunovic
$4,950,000
Sold December 2021 · listed $4,100,000, on market October 2021 · MLS #SR21224293 · Source: CRMLS
Listing Agent: Nader Naderi · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 818-501-4800 · Bought with: Josh Trifunovic · Josh Trifunovic
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