10438 Scoville Ave - Apartments FOR SALE


Sunland, CA 91040
$1,790,000 USD
310-770-8389
10438 Scoville Ave, Sunland, CA for Sale
$1,790,000 USD
Apartments - FOR SALE
1/5
null | 2.17% Cap Rate

10438 Scoville Ave
Sunland, CA 91040


HIGHLIGHTS

  • property sits on a large 10,561 sf lot
  • Beautiful landscaping and 4 detached garages
  • includes a 2-story house and 5 apartment units

OVERVIEW

Chris Chasin at Partners CRE and Susan Smith are proud to exclusively present for sale a unique 6 Unit Apartment complex in the heart of Sunland. Five of the units are studios and the sixth unit is a two-story house consisting of two bedrooms and one bath. All the units including the two-bedroom house are paying below market rent, allowing an investor room to raise the rents in the future. The two-bedroom house has access to a patio with a beautiful garden with nice landscaping. The property sits on a large 10,561 square foot lot zoned LAR3 which allows for favorable zoning. There are four detached garages for parking on site. Sunland is a quiet neighborhood that is nestled between the Verdugo Mountains and the San Gabriel Mountains. The property is within walking distance to Foothill Blvd, which is the main thoroughfare through Sunland and Tujunga. According to Costar, only two multi family properties have traded in Sunland over the past year. This is a rare offering and allows a buyer to acquire an investment property in a market with limited inventory. Please contact Chris Chasin for setup and showing instructions

FOR SALE DETAILS

PRICE

$1,790,000 USD

PRICE/SF

$600 USD /SF

# OF UNITS

6

PRICE/UNIT

$298,333

CAP RATE

2.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Units in Sunland

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

LAR3

APN/PARCEL ID

2560-009-015

ASK ABOUT THIS PROPERTY

Susan SmithBerkshire Hathaway HomeServices Crest Real EstateMore Info
310-770-8389

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Susan SmithBerkshire Hathaway HomeServices Crest Real EstateMore Info
310-770-8389

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.