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Key Details
Sold Price $1,995,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR14211936
Sold Date 12/24/14
HOA Y/N No
Year Built 1989
Tax Year 2013
Lot Size 0.388 Acres
Property Description
Tremendous upside opportunity. Non rent controlled all 2+1 unit property.
Vineland Apartments is a well maintained 12-unit community located in Sun Valley, California. Set on a 16,890 square foot lot, the 8,920 square foot property consists of 12 two-bedroom one-bath apartment homes with long tenants and an excellent unit mix. Built in 1989, the property offers copper plumbing, a laundry room, wall heater and air conditioning units, low vacancy, non rent control and a tremendous rental upside.
Vineland Apartments is located on Vineland Avenue south of Keswick Street and north of Saticoy Street in the city of Sun Valley. The 5 Freeway is north east of the subject property and west of the property is the 170 Freeway.
Non Rent Control
Tremendous Rental Upside
Long Term Tenants
Well Maintained
Cooper Plumbing
Excellent Unit Mix
Low Vacancy
Laundry Facilities
Location
State CA
County Los Angeles
Area Sunv - Sun Valley
Interior
Fireplace No
Exterior
Parking Features Assigned
Pool None
Community Features Urban
Utilities Available Sewer Available
Total Parking Spaces 23
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 2409015039
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS