CLOSED ESCROW

MULTIFAMILY

10640 wOODBRIDGE STREET

TOLUCA LAKE, CA 91602

PRICE:

PRICE/UNIT:

PRICE/SF:

CAP RATE:

GRM:

YEAR BUILT:

$14,725,000

$701,190

$405

3.79%

16.86

2008

DEAL HIGHLIGHTS​:

  • Non Contingent All Cash Buyer

  • Deal Was Put Into Escrow within 2 Weeks of Marketing Campaign

  • Record Breaking Sale

  • Multiple Offers

 

ASSET HIGHLIGHTS

  • 21 Individual Parceled Condominiums

  • A+ Asset in A+ Location

  • High End Finishes

  • Fitness Room

  • Spacious Units

  • Gated Underground Parking with Guest Spaces

  • Elevator

  • Penthouse Units Have Rooftop Decks

THE ASSET

The Verona Villas is a rare investment opportunity to own a 21-unit condominium community in prime Toluca Lake. The property was completed in 2008 and is not subject to rent control. The property boasts a very strong unit mix consisting of one, two-bedroom/two-bathroom units, two three-bedroom/two-and-one-half bathroom units, 12 three-bedroom/two-and-one-half bathroom units plus den, and six three-bedroom/two-and-one-half bathroom units plus den with a roof top deck. The units vary in square footage from 1,225 to 1,888-square feet. 

 

The Verona Villas offers an array of amenities including a full fitness center, penthouse units with a rooftop deck, central air conditioning, crown moldings, hardwood floors,granite countertops, stainless-steel Viking appliances, in unit full washer/dryer, high end cabinetry, pre-wired alarm systems, an elevator and gated garage parking. The units are absolutely beautiful with condominium quality finishes: tenants appreciate the quality and the current owner has been successful in getting higher rental amounts when a unit becomes vacant.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

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