8405 Glenoaks Boulevard

    Sun Valley, CA 91352
    • $1,799,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 318004155
    UPDATED: 47 min ago
    $1,799,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,312
      SQFT
    • $543
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    The opportunity is development land with FINAL PAID PERMITS to construct 19 apartments. This shovel ready project will be delivered W/ FINAL PAID PERMITS to construct a 4 story opportunity. The project will have 9/2-Bedroom/2-Bathroom units with an average unit size of 980 square feet and 10/1-Bedroom /1-Bathroom units with an average unit size of 750 square feet.. All units are market rate units with no affordable component. Listed price translates to $100,000 per unit on proposed unit mix of 9 (2 bedroom + 2 bath) units and 10 (1 bedroom + 1 bath) units. The opportunity provides an investor the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic Sun Valley location.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T17:29:52.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88385936

    8405 Glenoaks Boulevard Sun Valley, CA 91352

    • Price: $1,799,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 318004155
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    3,312
    SQFT
    $543
    $/SQFT
    1954
    Built
    Neighborhood:
    SUNV - Sun Valley
    County:
    Los Angeles
    Area:
    SUNV - Sun Valley
    Property Description
    The opportunity is development land with FINAL PAID PERMITS to construct 19 apartments. This shovel ready project will be delivered W/ FINAL PAID PERMITS to construct a 4 story opportunity. The project will have 9/2-Bedroom/2-Bathroom units with an average unit size of 980 square feet and 10/1-Bedroom /1-Bathroom units with an average unit size of 750 square feet.. All units are market rate units with no affordable component. Listed price translates to $100,000 per unit on proposed unit mix of 9 (2 bedroom + 2 bath) units and 10 (1 bedroom + 1 bath) units. The opportunity provides an investor the ability to start construction immediately and take advantage of strong rent growth and positive market momentum in a dynamic Sun Valley location.
    Exterior Features

    Carport Spaces 0.00 Entry Location Elevator Garage Spaces 0.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Private YN No Spa YN No View YN No

    Interior Features

    Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Common Walls No Common Walls Cooling CentralGas Cooling YN Yes Fireplace YN No Flooring TileLaminate Heating Natural GasCentral Furnace Heating YN Yes Levels Three Or More

    Property Features

    Association YN No Cable Tv Expense 0.00 Cap Rate 0.00 Country Us Electric Expense 0.00 Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 0.00 Land Lease Amount 0.00 Land Value 0 Land Value Percent 0.00 Laundry Equipment Own Lease Own Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 0.00 Number Of Separate Electric Meters 19 Number Of Separate Gas Meters 19 Number Of Separate Water Meters 19 Number Of Units Leased 0 Number Wall AC 0 Number With Carpet 0 Number With Dishwasher 0 Number With Disposal 0 Number With Drapes 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 0.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 0.00 Workmans Compensation Expense 0.00 Zoning Lar3

    Listing provided courtesy of Sarkis Kalinyan of Coldwell Banker Hallmark Realt.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T17:29:52.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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