8649 Sunland Blvd #5 Active Save Request In-Person Tour Request Virtual Tour
Sun Valley,CA 91352
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 897 sqft
Price per Sqft $333
MLS Listing ID 24-438721
Style Traditional
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Fees $308/mo
HOA Y/N Yes
Year Built 1963
Lot Size 0.569 Acres
Acres 0.5687
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 Sun Valley
Building/Complex Name Citicore Property Management
Zoning LAR3
Rooms
Family Room 1
Dining Room 0
Interior
Heating Wall
Cooling Wall Unit(s)
Flooring Laminate
Fireplaces Type None
Equipment Microwave, Range/Oven, Refrigerator
Laundry Community, Laundry Area
Exterior
Garage Assigned
Pool None
Amenities Available Controlled Access
Waterfront Description None
View Y/N No
View None
Building
Architectural Style Traditional
Level or Stories One
Construction Status Fixer
Others
Special Listing Condition Standard
Pets Description Yes