Property
Listing Agent: Michael A Salerno (DRE #01212427) · Listing Office: Michael Anthony Salerno · Contact: 310-200-1309 · Bought with: Jason Tuvia · Marcus & Millichap · MLS #24391741 · Source: CRMLS
8 units in Winnetka, the heart of the San Fernando Valley. Great unit mix - 4 - 1bedroom + 1 bath and 4 - 2 bedroom + 1 bath units. There is 5,710 sq. ft. of building. It was built in 1961 and it sits on a 8,064 sq. ft. lot. Long term owner. Below market rents with HUGE upside in the rents. Individually metered for gas and electricity. There are currently 2 vacant units. There is an excellent assumable loan. The current loan balance is approximately $841,000, interest rate is 4% fixed until 7/28/2026, due in 2046. Close to shops, restaurants, public transportation and California State University, Northridge. Can be purchased with 7353 Corbin Ave - 10 units.
Listing description from the September 2024 sale, as reported to CRMLS.