$3,475,000
$3,600,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
10,428 Sqft Lot
SOLD DATE : 11/21/2018
Key Details
Sold Price $3,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS18178040
Sold Date 11/21/18
HOA Y/N No
Year Built 1987
Lot Size 10,428 Sqft
Property Description
Built in 1987, the Pinewood View Apartments offers investors a rare opportunity to acquire a non-rent controlled, 14-unit apartment community in Tujunga. The property is comprised of an ideal unit mix featuring (4) one-bedroom/one-bath units at an estimated 600 square feet, and (10) two bedroom/one-bath units at approximately 775 square feet. Seller has upgraded 50% of the units (see rent roll for details). Individual units are outfitted with central air conditioning, dishwashers, fireplaces, and most feature stunning mountain views. Tenants additionally benefit from plentiful, secured parking comprised of individual enclosed garages with direct access to the building.
* Do not go on property, tenants do not know it is for sale *
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Zoning LAR3
Interior
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Laundry Common Area
Exterior
Garage Spaces 24.0
Garage Description 24.0
Pool None
Community Features Gutter(s)
View Y/N Yes
View Mountain(s)
Total Parking Spaces 24
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2565014024
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Jack Holwahjian • Huntington Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States