8425 Glenoaks Blvd - Multi-Family FOR SALE


Sun Valley, CA 91352
$1,900,000 USD
626-376-9224
8425 Glenoaks Blvd, Sun Valley, CA for Sale
$1,900,000 USD
Multi-Family - FOR SALE
1/11
null | 5.11% Cap Rate

8425 Glenoaks Blvd
Sun Valley, CA 91352


HIGHLIGHTS

  • Eight Unit Apartment Complex with (4) - 2 Bed / 2 Bath and (4) - 1 Bed / 1 Bath Units
  • All Units were recently increased and rents are effective as of July 1, 2025
  • The building with all 2 Bedrooms was built in 2003 and is not subject-to LARSO
  • The building with all 1 bedrooms was built in 1953 and is subject-to LA RSO
  • All units maintain their owner water heaters allowing for no gas expense for the ownership
  • Six of the Eight Units provide a washer/dryer and have copper plumbing throughout

OVERVIEW

Introducing 8425 Glenoaks Boulevard – a unique 8-unit multifamily investment opportunity in the rapidly growing Sun Valley submarket. This well-located asset features a desirable mix of (4) spacious 2 bed / 2 bath units and (4) efficient 1 bed / 1 bath units, spread across two separate buildings with distinct construction eras and characteristics. The larger building, constructed in 2003, consists of four ±1,075 SF 2-bedroom units that are not subject to the Los Angeles Rent Stabilization Ordinance (RSO). The smaller building, built in 1953, includes four ±550 SF 1-bedroom units, which fall under LA RSO. The total combined building size is approximately ±6,508 SF situated on a ±12,869 SF lot. This low-maintenance property features copper plumbing throughout, washer/dryer hookups in 6 of the 8 units, and a total of 12 on-site parking spaces. Importantly, no seismic retrofit is required. All of the units offer their own water heater and provide granite or quartz countertops in the kitchens. With no common area laundry, there are absolutely no gas expenses for the ownership. Positioned with excellent access to the 5 Freeway, the property also benefits from its proximity to Burbank, North Hollywood, Bob Hope Airport, and the Burbank Town Center, making it attractive for tenants and investors alike. This is an outstanding opportunity to acquire a stabilized, income-producing asset with immediate rental upside and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

8

PRICE/UNIT

$237,500

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Units in Sun Valley- 4/8 Units are Not RSO

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,869 SF

ZONING

LAR3

APN/PARCEL ID

2404-019-007

ASK ABOUT THIS PROPERTY

Casey PicardKW CommercialMore Info
626-376-9224

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

Casey PicardKW CommercialMore Info
626-376-9224

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