8649 Sunland Boulevard #5 Active

Sun Valley (los Angeles),CA 91352

$ 299000

2 Beds

1 Bath

897 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 897 sqft

Price per Sqft $333

MLS Listing ID CL24438721

Bedrooms 2

Full Baths 1

HOA Fees $308/mo

HOA Y/N Yes

Year Built 1963

Lot Size 0.569 Acres

Acres 0.5687

Property Description

Looking for the perfect investment or a sweet spot to call home? This prime 2-bed, 1-bath condo in the heart of the San Fernando Valley is just what you need! Whether you're an end-user or an investor looking to beef up your portfolio, this gem delivers with a solid 5.12% CAP rate. The first-floor unit features updated flooring, newer appliances, and unbeatable access to the 5 freeway, putting entertainment, dining, and shopping at your fingertips. It's part of a co-op, so be sure to ask about financing options. The current tenant, paying $2,150/month ($25,800 annually), is happy to stay but open to moving with proper notice. Don't miss out on this income-generating opportunity! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.74% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Interior Features Family Room

Heating Wall Furnace

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Microwave,Refrigerator

Laundry Community Facility

Exterior

Pool None

View Y/N false

View None

Parking Type Assigned

Private Pool false

Building

Story 1

Architectural Style Traditional

Level or Stories One Story

New Construction No

Others

Tax ID 2408012033

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