10860 Blix Street

    Toluca Lake, CA 91602
    • $2,595,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 18324504
    UPDATED: 220 min ago
    $2,595,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,848
      SQFT
    • $331
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Rosano Partners is pleased to present this opportunity to acquire an eight-unit apartment in Toluca Lake. Built in 1964, this two-story apartment is comprised of six 2Bed/1Bath and two 3Bed/2Bath units. This is a value-add deal with 52.6% upside in rents, perfect for seasoned and new investors alike. A brand new roof, 100% copper piping, and new water heater were installed in 2014. Three units have been recently remodeled with laminate floors, tiles, and kitchen cabinetry. Eight parking spots reside on the property.

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    Based on information from CARETS as of 2018-04-25T23:49:02.537. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
    www.lydiagable.com/homes/81693162

    10860 Blix Street Toluca Lake, CA 91602

    • Price: $2,595,000
    • Status: Active
    • Updated: 220 min ago
    • ID#: 18324504
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    7,848
    SQFT
    $331
    $/SQFT
    1964
    Built
    Neighborhood:
    Toluca Lake (Tul)
    County:
    Los Angeles
    Area:
    Toluca Lake (Tul)
    Property Description
    Rosano Partners is pleased to present this opportunity to acquire an eight-unit apartment in Toluca Lake. Built in 1964, this two-story apartment is comprised of six 2Bed/1Bath and two 3Bed/2Bath units. This is a value-add deal with 52.6% upside in rents, perfect for seasoned and new investors alike. A brand new roof, 100% copper piping, and new water heater were installed in 2014. Three units have been recently remodeled with laminate floors, tiles, and kitchen cabinetry. Eight parking spots reside on the property.
    Exterior Features

    Parking Spaces Total 8 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 2.0 Unit Number Of Bed01 2 Unit Number Of Bed02 3

    Property Features

    Adjusted Gross Income 159183.00 Assessed Improvement Value 739371.00 Assessed Land Value 950620.00 Cap Rate 4.13 Country United States Of America Expense Total Annual 47214.00 Gross Operating Income 159183.00 Gross Rent Multiplier 16.43 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 107194.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1600.00 Unit Monthly Rent02 1500.00 Unit Projected Total Monthly Rent01 2500.00 Unit Projected Total Monthly Rent02 2995.00 Unit Total Monthly Rent01 1600.00 Unit Total Monthly Rent02 1500.00 Unit Type01 6 Unit Type02 2 Units Total In Complex 8 Zoning Lar3

    Listing provided courtesy of Sagiv Rosano BRE#01782269 of Rosano Partners.


    Based on information from CARETS as of 2018-04-25T23:49:02.537. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
     
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