10707 New Haven St - Apartments FOR SALE


Sun Valley, CA 91352
$2,390,000 USD
310-926-5181
10707 New Haven St, Sun Valley, CA for Sale
$2,390,000 USD
Apartments - FOR SALE
1/9
null | 8.05% Cap Rate

10707 New Haven St
Sun Valley, CA 91352


HIGHLIGHTS

  • Opportunity to own 14 co-op units out of 41 total units in prime Sun Valley
  • Excellent value-add opportunity with significant upside potential
  • Highly desirable unit mix of spacious two-bedroom units
  • Courtyard style building with gated entry, assigned on-site parking, and on-site laundry facilities
  • Flexibility to operate as rental housing or pursue individual co-op unit sales
  • Property is achieving strong in-place rental performance, including competitive Section 8 rental rates (not all tenants participate in Section 8)

OVERVIEW

Kidder Mathews is pleased to present the opportunity to acquire The L’Orient, a strategically positioned ownership interest within a 1964-built cooperative community in Sun Valley. The offering consists of 14 co-op units out of 41 total units, representing 34.15% ownership and the largest ownership block within the HOA structure. While not a majority position, this significant stake provides meaningful influence and long-term strategic leverage within the cooperative framework. The property features spacious two-bedroom, one-and-a-half-bath layouts within a gated courtyard setting, along with assigned parking and on-site laundry facilities. The physical characteristics support stable tenant demand and operational efficiency. The asset presents an excellent value-add opportunity with significant upside potential. Numerous units offer renovation runway through interior upgrades designed to modernize finishes and enhance rent levels. The property is currently achieving strong in-place rental performance, including competitive Section 8 rents, providing income stability while maintaining flexibility for future repositioning. Sun Valley’s continued rental demand is supported by proximity to Interstate 5, the 170 freeway, Burbank Airport, and major employment centers throughout the enter tainment corridor. The submarket’s relative affordability and central Valley location underpin long-term occupancy resilience. The L’Orient provides s trategic ownership positioning, stable income, and long-term value creation potential within a durable San Fernando Valley rental market.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

14

PRICE/UNIT

$170,714

CAP RATE

8.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The L'Orient

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,657 SF

ZONING

LAR3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Janet NemanKidder MathewsMore Info
310-926-5181

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Janet NemanKidder MathewsMore Info
310-926-5181

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