12215 San Fernando Rd - Apartments FOR SALE


Sylmar, CA 91342
$2,900,000 USD
310-428-7580
12215 San Fernando Rd, Sylmar, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/9
null | 5.33% Cap Rate

12215 San Fernando Rd
Sylmar, CA 91342


OVERVIEW

Lee & Associates Apartment Advisors is pleased to present 12215 San Fernando Road in Sylmar, CA. The property, originally constructed in 1937, is comprised of nine units with a mix of two x one bedroom / one bath, and seven x two bedroom / one bath apartments, situated on a +/- 0.91 acre (39,537 SF) parcel. In 2018, the property was renovated and two new units were added. There is an on-site leased laundry room, and each unit has wall a/c units. Currently, some of the excess land is used for truck parking generating $500 per month in revenue; and the additional space on the excess can be rented should the opportunity arise. Currently, the property is generating almost $15,000 per month in income.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$638 USD /SF

# OF UNITS

9

PRICE/UNIT

$322,222

CAP RATE

5.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,537 SF

ZONING

LA C2-2D

APN/PARCEL ID

2611-010-012

ASK ABOUT THIS PROPERTY

Robert LeveenLee & AssociatesMore Info
310-428-7580

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

Robert LeveenLee & AssociatesMore Info
310-428-7580

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