20534 Hartland Street, Winnetka, CA 91306
Property · 2 recorded sales since 2016
Sold April 2022
Listing Agent: Anie Mayelian (DRE #00778825) · Listing Office: Equity Union · Contact: 818-989-2000 · Bought with: David Ross · Oaks Realty · MLS #SR21227410 · Source: CRMLS
About this property
Make an offer price is flexible! We are pleased to present the opportunity to acquire an 8 Unit Apartment building in Winnetka. The building has been owned and managed under the current ownership since 2016. The Hartland Apartments offer an investor a true value add opportunity with approximately 47% (+/-) potential upside in rents. The subject consists of two 2 bedrooms/1 bath units, four 1 bedroom/1 bath units and two single units. The building has a freshly painted exterior, is separately metered for gas and electric, has security gated parking on-site, and laundry room convenience for tenants. Earthquake Retrofit has been completed and the property will qualify for a monthly capital improvement reimbursement of approximately $300+/month. This well located apartment complex offers an investor a rare opportunity to own in a high demand and growth sub market with value add potential through reposition and renovation. Gentrifying location adjacent to Warner Center entertainment area, Westfield Topanga Mall, Restaurants & Transportation.
Listing description from the April 2022 sale, as reported to CRMLS.
Sale history
