8649 Sunland BLVD #5

Sun Valley,CA 91352

$ 299000

2 Beds

1 Bath

897 SqFt


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

Construction Status Fixer

HOA Fees $308/mo

HOA Y/N Yes

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

Furnishings Unfurnished

Fireplace No

Appliance Electric Oven,Microwave,Refrigerator

Laundry Common Area

Exterior

Garage Assigned

Pool None

Community Features Gated

Amenities Available Controlled Access,Trash,Water

View Y/N No

View None

Parking Type Assigned

Private Pool No

Building

Entry Level One

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer

Others

Pets Allowed Yes

HOA Fee Include Sewer

Senior Community No

Tax ID 2408012033

Security Features Gated Community,Key Card Entry,Smoke Detector(s)

Special Listing Condition Standard

Pets Description Yes

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