10730 New Haven St - Apartments FOR SALE


Sun Valley, CA 91352
$4,775,000 USD
310-926-5181
10730 New Haven St, Sun Valley, CA for Sale
$4,775,000 USD
Apartments - FOR SALE
1/12
null | 6.69% Cap Rate

10730 New Haven St
Sun Valley, CA 91352


HIGHLIGHTS

  • Opportunity to acquire 32 co-op units out of a 42-unit community in prime Sun Valley
  • Majority ownership (76.19%) providing substantial control within the HOA structure
  • Excellent value-add opportunity with significant upside potential
  • Courtyard-style building with assigned parking and on-site laundry facilities
  • Flexibility to operate as rental housing or pursue individual co-op unit sales
  • Soft-story seismic retrofit work has been completed (Buyer to confirm)

OVERVIEW

Kidder Mathews is pleased to present the opportunity to acquire The Marion Manor, a well-positioned cooperative asset located at 10730 New Haven St in the highly desirable Sun Valley submarket of the San Fernando Valley. The offering consists of 32 co-op units out of 42 total units, representing 76.19% ownership and providing substantial operational control and decision-making authority within the HOA structure. This majority position enables coordinated capital improvement execution, strategic leasing oversight, and long-term asset optimization. The asset represents a compelling value-add opportunity with significant upside potential, allowing an investor to implement a targeted renovation program, enhance operational efficiencies, and reposition rents to drive meaningful revenue growth. Constructed in 1964, The Marion Manor features spacious one-bedroom units, many with private patios or balconies, arranged in a traditional courtyard configuration. The property includes assigned parking and on-site laundry facilities, supporting tenant retention and operational stability. Sun Valley continues to benefit from strong regional connectivity, with direct access to Interstate 5 and the 170 Freeway, providing convenient access to Burbank, North Hollywood, and major employment anchors such as Warner Bros., The Walt Disney Company, and surrounding production studios. Relative affordability compared to adjacent submarkets, combined with limited comparable new supply at similar price points, supports durable occupancy and long-term rent growth. The Marion Manor offers scale, majority control, and measurable long-term upside within a resilient and supply-constrained San Fernando Valley rental corridor.

FOR SALE DETAILS

PRICE

$4,775,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

32

PRICE/UNIT

$149,219

CAP RATE

6.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THe Marion Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,603 SF

ZONING

R3

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.