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Apartments For Sale • 4,644 SF
| 14245 Roscoe is a 6-unit value-add complex located 0.3 mile from Panorama Mall and 1 mile from The Plant Shopping Center. |
| Comprised of (3) 2-bdrm. units and (3) 1-bdrm. units that are offered at $200K per unit, $258 per foot, 6.11% CAP and 10.49 GRM on current rents. |
| Value-add opportunity with approx. 31% rental upside, 8.86% CAP and 8.09 GRM by achieving projected market rents for renovated units in the area. |
| Property amenities include gated parking with approx. 8 parking spaces and a sizeable yard for the front units. |
| Can be purchased in conjunction in 8135 Reseda Blvd, a 10-unit complex not subject to local rent control and located across from Northridge Hospital. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 3 min | - | 1.1 mi |
| Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 4.4 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 12 min | - | 6.0 mi |
| Los Angeles International | 34 min | - | 23.7 mi |
| Long Beach (Daugherty Field) | 53 min | - | 41.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |
