14375 Polk St - Apartments FOR SALE


Sylmar, CA 91342
$4,200,000 USD
310-749-8140
14375 Polk St, Sylmar, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/3
null | 4.48% Cap Rate

14375 Polk St
Sylmar, CA 91342


HIGHLIGHTS

  • 23 units built in 1964
  • Unit mix: 13 one-bedroom/one-bath, 9 two-bedroom/one-bath, 2 two-bedroom/two-bath
  • 24 parking spaces
  • 32% rental upside
  • Strong value-add opportunity
  • Well-located Sylmar asset with steady tenant demand

OVERVIEW

14375 Polk Street is a 23-unit multifamily investment opportunity located in Sylmar, CA. Built in 1964, the property features a desirable unit mix with strong in-place cash flow and meaningful value-add potential through rental upside. The asset is well-parked, offering 24 on-site parking spaces, and sits on a quiet residential street with solid tenant demand. Current rents are approximately 32% below market, creating a clear path to increased NOI.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

24

PRICE/UNIT

$175,000

CAP RATE

4.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

RD6

APN/PARCEL ID

2504-015-010

ASK ABOUT THIS PROPERTY

Adam FeldmanMatthews Real Estate Investment ServicesMore Info
310-749-8140

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Adam FeldmanMatthews Real Estate Investment ServicesMore Info
310-749-8140

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