8649 Sunland Blvd #5 Save Request In-Person Tour Request Virtual Tour
Sun Valley,CA 91352
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active Under Contract
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 Sub-Type Condo
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 Sun Valley Partnership Manager
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
Parking Features 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 Allowed Yes