5720 Yolanda Ave - Apartments FOR SALE


Tarzana, CA 91356
$10,500,000 USD
818-321-6490
5720 Yolanda Ave, Tarzana, CA for Sale
$10,500,000 USD
Apartments - FOR SALE
1/18
null | 4.21% Cap Rate

5720 Yolanda Ave
Tarzana, CA 91356


HIGHLIGHTS

  • Property sale includes 5720 & 5730 Yolanda - 2 separate APNs side by side. Properties must be sold together.
  • Located in the highly desirable Tarzana neighborhood of the San Fernando Valley!
  • Residents enjoy an exceptional amenity package including two swimming pools, a lush central courtyard, on-site laundry facilities, and ample parking!
  • Peaceful suburban charm and easy access to major urban conveniences!
  • 9 recently renovated units! 3 vacancies!

OVERVIEW

*Property sale includes 5720 & 5730 Yolanda - 2 separate APNs side by side. Properties must be sold together.* Introducing Villa Yolanda, a 40-unit value-add multifamily investment opportunity located in the highly desirable Tarzana neighborhood of the San Fernando Valley. Two separate 20 unit buildings. This well-maintained asset features a diverse unit mix with four distinct floor plans: thirty-two (1 Bed / 1 Bath), four (2 Bed / 1 Bath), two (2 Bed / 2 Bath), and two spacious (4 Bed / 2 Bath) units. Residents enjoy an exceptional amenity package including two swimming pools, a lush central courtyard, on-site laundry facilities, and ample parking. Positioned in a sought-after pocket of the southwestern Valley, Tarzana offers a rare combination of peaceful suburban charm and easy access to major urban conveniences. Villa Yolanda presents a compelling opportunity for investors to unlock additional value in one of Los Angeles' most stable rental submarkets. Nine units were recently renovated including the Owner's townhome style Unit (4+2). Three units are currently vacant (not rent ready). An ADU may be built on the property (Buyer to verify).

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

40

PRICE/UNIT

$262,500

CAP RATE

4.21%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Yolanda

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,041 SF

ZONING

LAR3

APN/PARCEL ID

2156-027-028

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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