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21018 Gresham Street

Canoga Park, CA 91304
  • $12,150,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: SR22099332
UPDATED: 19 min ago
$12,150,000
  • 0
    BEDS
  • 0.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)


Description

This complex was built 1978, and the certificate ofOccupancy was issued after October 1st 1978. Thisproperty offers a unit mix of thirteen 1 bedroom/1bathand Twenty eight 2 bedroom/ 2 bath totaling of 32,084rental able square feet resting on approximately 41,123 ofland which is zoned LAR3.This property offers an on-site laundry facility, central A/cand heat and a sparling pool for the tenants to enjoy. Thiscomplex makes a great investment for investors lookingfor no rent control building with potential upside in rent.This building is located just west of Canoga Avenue andEast of Desoto Avenue This property offers great locationand a short distance from the main boulevards. Its in closedistance to plenty of restaurants shops and, stores.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T23:30:44.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128605509
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21018 Gresham Street Canoga Park, CA 91304

  • Price: $12,150,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 19 min ago
  • ID#: SR22099332
0
Beds
0
Baths
0
½ Baths
0.94
Acres
1978
Built
Neighborhood:
CP - Canoga Park
County:
Los Angeles
Area:
CP - Canoga Park
Property Description
This complex was built 1978, and the certificate ofOccupancy was issued after October 1st 1978. Thisproperty offers a unit mix of thirteen 1 bedroom/1bathand Twenty eight 2 bedroom/ 2 bath totaling of 32,084rental able square feet resting on approximately 41,123 ofland which is zoned LAR3.This property offers an on-site laundry facility, central A/cand heat and a sparling pool for the tenants to enjoy. Thiscomplex makes a great investment for investors lookingfor no rent control building with potential upside in rent.This building is located just west of Canoga Avenue andEast of Desoto Avenue This property offers great locationand a short distance from the main boulevards. Its in closedistance to plenty of restaurants shops and, stores.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 41 Parking Total 0 Pool Features CommunityIn Ground Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.71 Common Interest Community Apartment Community Features SidewalksPool Electric Expense 15000 Fuel Expense 2800 Garage YN No Gross Income 819360 Gross Scheduled Income 819360 Insurance Expense 16000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 30750 Net Operating Income 451156 New Construction YN No New Taxes Expense 151875 Number Of Separate Gas Meters 41 Number Of Separate Water Meters 0 Operating Expense 343803 Other Expense 3000 Pest Control Expense 780 Pool Expense 2400 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 15000 Vacancy Allowance 24401 Water Sewer Expense 45000 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T23:30:44.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)