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    18139 Roscoe Blvd

    Northridge, CA 91325
    • $1,195,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 21-684424
    Price Reduced
    UPDATED: 75 min ago
    $1,195,000
    • 8
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,700
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    18139 Roscoe Blvd is the perfect property for the first-time investor or a seasoned owner wanting to add to their portfolio. One of the lowest entry points into a 5-unit on the market today, Roscoe Blvd is a super clean apartment building with (3) large 2-bedroom, 2-bath units and (2) 1-bedroom, 1-bath units. There are beautiful orange and lemon trees on the property, giving the building a homie feel for the tenants. Gated and secured entry, with private parking in the rear of the property. The roof is new as of 2016 and all of the plumbing has been replaced with copper as well as all new drains. With approximately 25% upside in rents, this is a great value-add investment. The apartments are fully occupied, so no showings without an accepted offer. Please do not disturb the tenants!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-08T09:42:32.573. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/113601016
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    18139 Roscoe Blvd Northridge, CA 91325

    • Price: $1,195,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 21-684424
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,700
    SQFT
    $323
    $/SQFT
    1956
    Built
    Neighborhood:
    Northridge
    County:
    Los Angeles
    Area:
    Northridge
    Property Description
    18139 Roscoe Blvd is the perfect property for the first-time investor or a seasoned owner wanting to add to their portfolio. One of the lowest entry points into a 5-unit on the market today, Roscoe Blvd is a super clean apartment building with (3) large 2-bedroom, 2-bath units and (2) 1-bedroom, 1-bath units. There are beautiful orange and lemon trees on the property, giving the building a homie feel for the tenants. Gated and secured entry, with private parking in the rear of the property. The roof is new as of 2016 and all of the plumbing has been replaced with copper as well as all new drains. With approximately 25% upside in rents, this is a great value-add investment. The apartments are fully occupied, so no showings without an accepted offer. Please do not disturb the tenants!
    Exterior Features

    Lot Size Area 7799 Other Structures None Parking Garage Covered Parking Style Bungalow Total Parking 5

    Interior Features

    Baths Total 5.00 Cooling Window Unit(S) Equipment None Heating Wall Gas

    Property Features

    Assessed Total Value 99020 Gross Income 73488 Gross Operating Income 73488 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 40349.00 Number Of Buildings 1 Number Of Units 5 Owner Pays WaterGardener Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 30934 Type Of Units 1+12+1 Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Chase Simonton DRE#01766871 of Re/Max One.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-08T09:42:32.573. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583