CA > Winnetka
Winnetka, CA 91306,20234 Roscoe BLVD
Winnetka, CA 91306,20234 Roscoe BLVD
Winnetka, CA 91306,20234 Roscoe BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,990,000
Est. payment /mo
56 Beds
26 Baths
24,176 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 24,176 sqft

Price per Sqft $206

MLS Listing ID 25563695

Bedrooms 56

HOA Y/N No

Year Built 1964

Lot Size 0.719 Acres

Property Description

25-unit fee simple LIHTC multifamily asset in Winnetka. Built in 1964 and placed in service in 1997 under the 9% LIHTC program. The property is governed by a 30-year regulatory agreement set to expire in July 2027, after which all income and rent restrictions are eligible to sunset. Subject to Los Angeles Rent Stabilization Ordinance (RSO). Current unit mix includes 4x1BR, 13x2BR, 7x3BR, and 1x4BR. As of July 2025, 42% of units are leased to Section 8 voucher holders. Asset includes 29 gated parking spaces, an on-site laundry facility with five washers and four dryers, and AT&T fiber infrastructure. Ground-floor leasing office and rec room present ADU conversion potential post-expiration. Property has undergone significant upgrades including 10 renovated units, 2023 certified seismic retrofit, and full water repipe in 1999. Offered with an assumable $2.62M Fannie Mae loan at 2.98% fixed interest, interest-only through 2030. Strategically located near Pierce College, Metro G Line, and major corridors including Reseda and Topanga Boulevards. Proximity to Warner Center, CSUN, and employment centers supports long-term tenant demand.

Location

State CA

County Los Angeles

Area Win - Winnetka

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned, Carport, Gated

Total Parking Spaces 29

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2107001042

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Glen Scher Marcus & Millichap

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