11346 Santol Dr - Apartments FOR SALE


Sylmar, CA 91342- San Fernando Valley
$899,000 USD
310-968-6049
11346 Santol Dr, Sylmar, CA for Sale
$899,000 USD
Apartments - FOR SALE
1/27
null | 5.64% Cap Rate

11346 Santol Dr
Sylmar, CA 91342
San Fernando Valley


HIGHLIGHTS

  • Rare Kagel Canyon Offering | Quiet Secluded and Private Location | Situated on a Cul-De-Sac
  • Attractive Unit Mix of Studio, 1 and 2 Bedroom Units | Large Kitchens, Balconies & Views in Select Units | Lakeview Terrace Adjacent
  • Unit Mix of: (2) 2 Bed + 1 Bath Units, (1) 1 Bed + 1 Bath Unit & (1) Studio (Non-Conforming)
  • Many Recent Renovations | Nearly $300,000 in Capital Improvements | Upgraded Electrical Panels
  • Short Distance to Kagel Mountain Trailhead, Summit, Golf Course | Access to 210, 118 & 5 Freeways
  • Property Consists of 4 Units Total (3 Units + 1 Non-Conforming) | Subject to Unincorporated Los Angeles County Rent Control

OVERVIEW

We are pleased to present a rare income-producing opportunity in the secluded Sylmar enclave of Kagel Canyon. This property features a total of four units (three legal units plus one non-conforming studio) tucked away in a private-like setting adjacent to Lakeview Terrace. The attractive unit mix includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one non-conforming studio. Nearly $300,000 in capital improvements have been completed, including upgraded electrical panels. Select units showcase spacious renovated kitchens, upgraded bathrooms, and private balconies. Tenants benefit from the property's proximity to Kagel Mountain Trailhead, Kagel Summit, local Golf Courses, Polo Club and convenient access to the 210, 118, and 5 freeways. Please note, this property is not within the City of Los Angeles and falls under the Unincorporated Los Angeles County Rent Ordinance. Be sure to view the interior photos and property video highlighting both the units and the unique lifestyle amenities this area has to offer. Directions to location, from the 210 Freeway, Exit Foothill Blvd and make a left onto Osborne St, then make another left onto Garrick Ave. Now make a right onto Kagel Canyon St, continue to go up north on Kagel Canyon Rd, then make a left onto Shafer Pl and another left onto Santol Dr, the property will be on your left hand side in that cul-de-sac. All 4 units are occupied, please do not disturb tenants, no showings or appointments, access to property is via offer subject to inspection. Please feel free to drive by the address and contact either listing agent for the marketing package that has more information, Interior photos for all 4 units & income/expense of the property. You may also email/call/text listing agent or assistant.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$302 USD /SF

# OF UNITS

4

PRICE/UNIT

$224,750

CAP RATE

5.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 + 1 (N/C) UNITS | KAGEL CANYON (SLYMAR)

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,406 SF

ZONING

LCR1*

APN/PARCEL ID

2846-020-029

ASK ABOUT THIS PROPERTY

Shant SherbetdjianRE/MAX Commercial & Investment RealtyMore Info
310-968-6049

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Shant SherbetdjianRE/MAX Commercial & Investment RealtyMore Info
310-968-6049

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