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    21700 Septo St

    Chatsworth, CA 91311
    • $28,000,000
    • STATUS: Pending
    • ON SITE: 246 days
    • ID#: 19-526932
    Pending
    UPDATED: 18 min ago
    $28,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 83,768
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present to market 21700 Septo Street an impressive 97-unit apartment building in the city of Chatsworth This offering presents an excellent opportunity to acquire an asset with a desirable unit mix and the ability for a new investor to capture significant potential upside for a building which has already been upgraded. The building was constructed in 1977 and is situated on an expansive 83,124 square foot lot. The property offers a compelling unit mix of one - single, forty - one bedroom with one bath, fifty - two bedroom and two baths and four townhomes of two bedrooms and two baths. The ample parking provides one sport per bedroom for parking (including singles and having a spot each). Seismic retrofit has been completed for this property. **Drive by only***

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-08T07:42:17.167. 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.lydiagable.com/homes/100547566
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    21700 Septo St Chatsworth, CA 91311

    • Price: $28,000,000
    • Status: Pending
    • Updated: 18 min ago
    • ID#: 19-526932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    83,768
    SQFT
    $0
    $/SQFT
    1977
    Built
    Neighborhood:
    Chatsworth
    County:
    Los Angeles
    Area:
    Chatsworth
    Property Description
    We are proud to present to market 21700 Septo Street an impressive 97-unit apartment building in the city of Chatsworth This offering presents an excellent opportunity to acquire an asset with a desirable unit mix and the ability for a new investor to capture significant potential upside for a building which has already been upgraded. The building was constructed in 1977 and is situated on an expansive 83,124 square foot lot. The property offers a compelling unit mix of one - single, forty - one bedroom with one bath, fifty - two bedroom and two baths and four townhomes of two bedrooms and two baths. The ample parking provides one sport per bedroom for parking (including singles and having a spot each). Seismic retrofit has been completed for this property. **Drive by only***
    Exterior Features

    Lot Size Area 83124 Other Structures None Parking Garage Other Pool YN No Tennis YN No Total Parking 153

    Interior Features

    Cooling Air Conditioning Den No Dining Room No Equipment None Family Room No Heating Wall

    Property Features

    Gross Income 2081040 Gross Operating Income 2109840 Like Units1 40 Like Units2 52 Like Units3 4 Like Units4 1 Net Operating Income 1309781.00 Number Of Buildings 4 Number Of Units 97 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 736764 Type Of Units Apt Zoning Lar3

    Listing provided courtesy of Jason Flashman DRE#01841976 of Keller Williams-Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-08T07:42:17.167. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377