8520 Sunland Blvd - Apartments FOR SALE


Sun Valley, CA 91352
$3,070,000 USD
310-926-5181
8520 Sunland Blvd, Sun Valley, CA for Sale
$3,070,000 USD
Apartments - FOR SALE
1/14
null | 6.44% Cap Rate

8520 Sunland Blvd
Sun Valley, CA 91352


HIGHLIGHTS

  • Opportunity to own 18 co-op units out of 20 total units in prime Sun Valley
  • With 90% ownership, investor has near complete control and is positioned as the dominant stakeholder within the HOA
  • Excellent value-add opportunity with significant upside potential
  • Highly desirable unit mix of one- and two-bedroom layouts
  • Courtyard style building with gated entry, assigned on-site parking, and on-site laundry facilities
  • Flexibility to operate as rental housing or pursue individual co-op unit sales

OVERVIEW

Kidder Mathews is pleased to present the opportunity to acquire The Jeanice Rose, located at 8520 Sunland Boulevard in prime Sun Valley, CA. This offering provides an investor the rare ability to secure near-complete control of a well-located co-op property. The asset consists of 18 co-op units out of 20 total units, representing 90% ownership and positioning an investor as the dominant stakeholder within the HOA. This level of control allows for streamlined decision-making, decisive operational oversight, and coordinated execution of capital improvements. Built in 1960, The Jeanice Rose features a highly desirable mix of one- and two-bedroom units arranged in a traditional courtyard setting, along with assigned gated parking and on-site laundry facilities. The functional layout, secure access, and tenant-oriented amenities contribute to consistent occupancy and operational efficiency. The asset presents a compelling value-add opportunity with meaningful upside potential. While the units have been maintained, many offer renovation upside that can be unlocked through strategic interior upgrades and thoughtful asset management. In-place rents, including competitive Section 8 tenancies, provide dependable income. The current rent profile delivers stable cash flow while allowing ownership to thoughtfully reposition select units over time as natural turnover and improvement opportunities arise. The homeowners association covers water and trash expenses, while tenants are responsible for gas and electricity, creating a favorable and efficient expense structure. Additionally, the property is located within a Qualified Opportunity Zone, offering potential tax advantages to eligible investors.* Ideally positioned in an accessible and walkable pocket of Sun Valley, tenants benefit from proximity to local markets, shopping centers, restaurants, and outdoor amenities including Verdugo Mountain Park and La Tuna Canyon Park. The property is located less than one mile from Interstate 5 with convenient access to the 170 Freeway, providing connectivity to major employment hubs throughout the region. Nearby demand drivers include Hollywood Burbank Airport and major employers such as The Walt Disney Company and Warner Bros. With continued rental demand and strong regional fundamentals, The Jeanice Rose presents a compelling opportunity to acquire a well-located asset offering stable in-place income and clear strategic upside. Investors may continue operating the property as a rental investment or pursue a strategy of selling units individually. The Jeanice Rose of fers near-complete operational control, durable cash flow, and long-term strategic flexibility within a strengthening San Fernando Valley rental market.

FOR SALE DETAILS

PRICE

$3,070,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

18

PRICE/UNIT

$170,556

CAP RATE

6.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Jeanice Rose

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,498 SF

ZONING

R3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Janet NemanKidder MathewsMore Info
310-926-5181

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

Janet NemanKidder MathewsMore Info
310-926-5181

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