Multi-family building 39 beds 37 baths, 27,915 sf, 30,634 sf lot
Unit #1: 39 beds, 37 baths, $37825/mo
Non-rent control building with exceptionally spacious units, many with balconies. New on-site laundry room with new washers and dryers. Common areas updated recently and all staircases and front doors freshly painted. The property is a security building with intercom system and gated parking, extra spaces for guests. Over 75% of the units have been updated, some with granite counter tops. There is copper plumbing and is separately metered for utilities. Upside in rents with a pro forma CAP of 5.08% and pro forma GRM of 11.62. Certificate of Occupancy is 1979. Centrally located in the heart of the San Fernando Valley close to the 101, 118 and 405 freeways with convenient access to public transportation including the Metro Station.
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