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$899,000
Est. payment /mo
5 Beds
4 Baths
2,981 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,981 sqft
Price per Sqft $301
MLS Listing ID 25581655
Bedrooms 5
HOA Y/N No
Year Built 1945
Lot Size 8,407 Sqft
Property Description
We are pleased to present a rare income-producing opportunity in the secluded Sylmar enclave of Kagel Canyon. This property features a total of four units (three legal units plus one non-conforming studio) tucked away in a private-like setting adjacent to Lakeview Terrace. The attractive unit mix includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one non-conforming studio. Nearly $300,000 in capital improvements have been completed, including upgraded electrical panels. ***Delivering 6.05% Cap Rate on Current Rents and 11.19 GRM.*** Select units showcase spacious renovated kitchens, upgraded bathrooms, and private balconies. Tenants benefit from the property's proximity to Kagel Mountain Trailhead, Kagel Summit, local Golf Courses, Polo Club and convenient access to the 210, 118, and 5 freeways. Please note, this property is not within the City of Los Angeles and falls under the Unincorporated Los Angeles County Rent Ordinance. Be sure to view the interior photos and property video highlighting both the units and the unique lifestyle amenities this area has to offer.
Location
State CA
County Los Angeles
Area Syl - Sylmar
Zoning LCR1*
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Laundry See Remarks
Exterior
Parking Features Garage, Uncovered
Garage Spaces 1.0
Garage Description 1.0
Total Parking Spaces 3
Building
Lot Description Irregular Lot
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2846020029
Special Listing Condition Standard
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Listed by Shant Sherbetdjian Remax Commercial and Investment Realty
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