For more information regarding the value of a property, please contact us for a free consultation.
20534 Hartland ST Winnetka, CA 91306
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with David Ross • Oaks Realty