GRANADA HILLS, CA 91344
PRICE PER UNIT:
CAP RATE CURRENT/PRO FORMA:
GRM CURENT/ PRO FORMA:
1031 Exchange Buyer
Non Rent Control Apartment Building
Great San Fernando Valley Location
Central Air - Nine New Air Conditioning Units
New Roof Installed in 2013
Coin Operated Laundry
Close to Restaurants, Retail, and Places of Business
Close to 405 and 118 Freeways
Close to Granada Hills Charter High School, and CSUN
The Hirth Group is pleased to present a non-rent controlled 12-unit investment opportunity located in Granada Hills, California. The property was built in 1980, it has been well maintained, and it is in a great neighborhood on a corner lot.
The subject property has a great unit mix that consists of 10 two-bedroom/two-bath units, and two three-bedroom/two-bath units. Approximately six of the units have been updated with hardwood flooring, new countertops, and new kitchen cabinets. The roof was replaced in 2013 and nine of the A/C units have been recently replaced.
Tenants benefit from secured entry and garage parking for 24 cars. The building is in close proximity to restaurants, retail, places of business, Granada Hills Charter High School, and California State University Northridge.
This is a great opportunity for an investor to purchase a non-rent controlled asset in a prime north valley location.