$2,900,000
$3,000,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.56 Acres Lot
SOLD DATE : 03/01/2013
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12619077
Sold Date 03/01/13
HOA Y/N No
Year Built 1976
Lot Size 0.561 Acres
Property Description
Etiwanda Apartments, a 29 plus one non-conforming unit asset located in the infill SVF submarket of Reseda, CA. The property consists of one two story structure which includes a pool and 30 parking spaces. Additionally, Etiwanda Apartments is separately metered for gas and electricity (with the exception of the non-conforming unit), and has a flat composition roof. The property has a unit mix of one two-bedroom/one-bathroom unit, four one-bedroom units, 23 junior one-bedroom units, one non-conforming bachelor unit and one single unit. Since the conversion, City of L.A. Housing Department has inspected the property several times and has never objected to the conversion.The Etiwanda Apartments have been maintained in great condition and provides an investor the opportunity to purchase a turn-key property with upside in rents in a great rental market.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR3
Interior
Heating See Remarks, Wall Furnace
Cooling See Remarks
Fireplace No
Exterior
Garage Uncovered
View Y/N No
Parking Type Uncovered
Total Parking Spaces 30
Private Pool No
Others
Senior Community No
Tax ID 2125003031
Special Listing Condition Standard
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Bought with Neema Ahadian • Marcus & Millichap