Apartments For Sale • 28,285 SF
Rare Opportunity to Acquire a Well-Maintained, 28-Unit Property in Sylmar |
±28,285 SF Building Sitting on a ±23,921 SF Lot |
Attractive Unit Mix Featuring One-Bedroom and Two-Bedroom Units — Average Unit Size of ±1,010 Square Feet |
75% of the Units Have Already Been Renovated |
Potential for Rental Upside – Strong Rental Income with the Opportunity to Achieve an Additional 15% in Rental Income |
Gated Community with Controlled Access, Secured Covered and Surface Parking, Laundry Facilities, Mature Lush Landscaping |
Cap Rate: | 5.69 % |
Total Expenses: | $253,795 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Sylmar/San Fernando (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) | 4 min | - | 2.3 mi |
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 7.2 mi |
Airport | Drive | Walk | Distance |
Bob Hope | 15 min | - | 9.1 mi |
Los Angeles International | 40 min | - | 30.5 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 20 |
Type: | Surface |
Included in Rent: | Yes |