8649 Sunland BLVD #5 Save Request In-Person Tour Request Virtual Tour
Sun Valley,CA 91352
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 897 sqft
Price per Sqft $333
MLS Listing ID 24438721
Bedrooms 2
Full Baths 1
Condo Fees $308
HOA Fees $308/mo
Year Built 1963
Lot Size 0.569 Acres
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 Sunv - Sun Valley
Zoning LAR3
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Flooring Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Garage Assigned
Pool None
Community Features Gated
Amenities Available Controlled Access,Trash,Water
View Y/N No
View None
Building
New Construction No
Others
Special Listing Condition Standard
Pets Description Yes