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    8351 Amigo Ave

    Northridge, CA 91324
    • $1,980,000
    • STATUS: Active Under Contract
    • ON SITE: 1355 days
    • ID#: 17-193168
    Under Contract
    $1,980,000
    • 15
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,350
      SQFT
    • $237
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    Subject Property is located at very convenient, decent place. CSUN, Northridge Medical Hospital Center and Northridge MetroLink Station are approximately within one mile. Subject Property is clean and well maintained, and has spacious 9 units (4/2+1.75+Fireplace; 2/2+1; 3/1+1) along with covered and secured 9 parking spaces. All units are clean, upgraded with laminated wood floor or new carpet. All kitchen and bathroom are functional and well maintained. Also the roof is well maintained and there was no leaking at all during the heavy raining in 2016 and through January 2017. All drain pipes are functional during the heavy raining.It is a great rental property. New Buyer will be able to enjoy low maintenance cost along with increasing rent. It is under rent control. But the rent can be increased 3% per year at the minimum and market rent will be applied toany vacant unit.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T23:42:23.917. 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/69146316
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    8351 Amigo Ave Northridge, CA 91324

    • Price: $1,980,000
    • Status: Active Under Contract
    • ID#: 17-193168
    15
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,350
    SQFT
    $237
    $/SQFT
    1962
    Built
    Neighborhood:
    Northridge
    County:
    Los Angeles
    Area:
    Northridge
    Property Description
    Subject Property is located at very convenient, decent place. CSUN, Northridge Medical Hospital Center and Northridge MetroLink Station are approximately within one mile. Subject Property is clean and well maintained, and has spacious 9 units (4/2+1.75+Fireplace; 2/2+1; 3/1+1) along with covered and secured 9 parking spaces. All units are clean, upgraded with laminated wood floor or new carpet. All kitchen and bathroom are functional and well maintained. Also the roof is well maintained and there was no leaking at all during the heavy raining in 2016 and through January 2017. All drain pipes are functional during the heavy raining.It is a great rental property. New Buyer will be able to enjoy low maintenance cost along with increasing rent. It is under rent control. But the rent can be increased 3% per year at the minimum and market rent will be applied toany vacant unit.
    Exterior Features

    Lot Size Area 11266 Parking Garage Auto Driveway Gate Pool YN No Tennis YN No Total Parking 9 View YN No

    Interior Features

    Baths Total 11.00 Cooling Air Conditioning Den No Dining Room No Equipment Antenna Family Room No Heating Combination

    Property Features

    Gross Income 137808 Gross Operating Income 137808 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 84358.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 53450 Type Of Units No Furnished Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Soung Lee DRE#00698945 of California Mutual Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T23:42:23.917. 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