10746 New Haven St - Apartments FOR SALE


Sun Valley, CA 91352
$2,390,000 USD
424-653-1809
10746 New Haven St, Sun Valley, CA for Sale
$2,390,000 USD
Apartments - FOR SALE
1/7
null | 5.27% Cap Rate

10746 New Haven St
Sun Valley, CA 91352


HIGHLIGHTS

  • Opportunity to acquire 14 co-op units out of a 17-unit community in prime Sun Valley
  • Majority ownership (82.35%) 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

OVERVIEW

Kidder Mathews is pleased to present the opportunity to acquire The Rose Garden, a well-positioned cooperative asset located at 10746 New Haven St in the highly desirable Sun Valley submarket of the San Fernando Valley. The offering consists of 14 co-op units out of 17 total units, representing 82.35% ownership and providing substantial control within the HOA structure. This majority position allows an investor to direct capital improvements, oversee leasing strategy, and drive long-term value creation with meaningful operational influence. Constructed in 1964, The Rose Garden features primarily spacious one-bedroom units, along with a rare three-bedroom unit that broadens tenant appeal. The courtyard-style property includes assigned parking and on-site laundry facilities, supporting tenant retention and operational efficiency. The asset presents a compelling value-add opportunity with significant upside potential through interior renovation and strategic rent repositioning. Current operations provide stable in-place income, including competitive Section 8 tenancies, creating a dependable cash flow base while preserving flexibility to transition units toward market-rate rents over time. Sun Valley continues to benefit from strong regional connectivity and proximity to major employment centers. Direct access to Interstate 5 and the 170 Freeway provides convenient connectivity to Burbank, North Hollywood, and surrounding entertainment and production hubs. Relative affordability compared to neighboring submarkets, combined with limited comparable new supply at similar price points, supports sustained renter demand and long-term rent growth. The Rose Garden offers majority control, durable cash flow, and clear upside within a resilient and supply-constrained San Fernando Valley rental corridor.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

14

PRICE/UNIT

$170,714

CAP RATE

5.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Rose Garden

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,238 SF

ZONING

LAR3

APN/PARCEL ID

2404-025-017

ASK ABOUT THIS PROPERTY

Angelica GotzevKidder MathewsMore Info
424-653-1809

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Angelica GotzevKidder MathewsMore Info
424-653-1809

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