Winnetka, CA 91306,20534 Hartland ST
Winnetka, CA 91306,20534 Hartland ST
Winnetka, CA 91306,20534 Hartland ST
5
$1,800,000
Est.Price: ?

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7,026 Sqft Lot

20534 Hartland ST Winnetka, CA 91306

Est. payment /mo
SOLD DATE : 04/20/2022

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Key Details

Sold Price $1,800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR21227410

Year Built 1957

Lot Size 7,026 Sqft

Property Description

Make an offer price is flexible! We are pleased to present the opportunity to acquire an 8 Unit Apartment building in Winnetka. The building has been owned and managed under the current ownership since 2016. The Hartland Apartments offer an investor a true value add opportunity with approximately 47% (+/-) potential upside in rents. The subject consists of two 2 bedrooms/1 bath units, four 1 bedroom/1 bath units and two single units. The building has a freshly painted exterior, is separately metered for gas and electric, has security gated parking on-site, and laundry room convenience for tenants. Earthquake Retrofit has been completed and the property will qualify for a monthly capital improvement reimbursement of approximately $300+/month.
This well located apartment complex offers an investor a rare opportunity to own in a high demand and growth sub market with value add potential through reposition and renovation.�Gentrifying location adjacent to Warner Center entertainment area, Westfield Topanga Mall, Restaurants & Transportation.

Location

State CA

County Los Angeles

Area Win - Winnetka

Zoning LAR3

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Sidewalks

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Anie Mayelian • Equity Union
Bought with David Ross • Oaks Realty

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