8649 Sunland Blvd #5 Active

Sun Valley,CA 91352

$ 299000

2 Beds

1 Bath

897 SqFt


Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 897 sqft

Price per Sqft $333

MLS Listing ID 24-438721

Style Traditional

Bedrooms 2

Full Baths 1

HOA Fees $308/mo

Year Built 1963

Lot Size 0.569 Acres

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

Garage Assigned

Pool None

Amenities Available Controlled Access

Waterfront Description None

View Y/N No

View None

Others

Special Listing Condition Standard

Pets Description Yes

View More
Favorite Go Tour