21700 Septo Street

    Chatsworth, CA 91311
    • $28,000,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 19526932
    UPDATED: 43 min ago
    $28,000,000
    • 0
      BEDS
    • 1.91
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 83,768
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    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 CARETS as of 2019-11-21T16:50:25.77. 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.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/100547566

    21700 Septo Street Chatsworth, CA 91311

    • Price: $28,000,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 19526932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.91
    Acres
    83,768
    SQFT
    $334
    $/SQFT
    1977
    Built
    Neighborhood:
    Chatsworth (Cht)
    County:
    Los Angeles
    Area:
    Chatsworth (Cht)
    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

    Parking Spaces Total 153 Parking Type Other

    Interior Features

    Appliances None Cooling Type Air Conditioning Heating Type Wall Heater Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished 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 Bath03 2.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 0

    Property Features

    Adjusted Gross Income 2081040.00 Cap Rate 4.68 Country United States Of America Expense Total Annual 736764.00 Gross Operating Income 2109840.00 Gross Rent Multiplier 13.27 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Other Net Operating Income 1309781.00 Number Of Buildings 4 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 1616.00 Unit Monthly Rent02 1902.00 Unit Monthly Rent03 2130.00 Unit Monthly Rent04 1300.00 Unit Projected Total Monthly Rent01 1850.00 Unit Projected Total Monthly Rent02 2200.00 Unit Projected Total Monthly Rent03 2350.00 Unit Projected Total Monthly Rent04 1500.00 Unit Total Monthly Rent01 1616.00 Unit Total Monthly Rent02 1902.00 Unit Total Monthly Rent03 2130.00 Unit Total Monthly Rent04 1300.00 Unit Type01 40 Unit Type02 52 Unit Type03 4 Unit Type04 1 Units Total In Complex 97 Zoning Lar3

    Listing provided courtesy of Jason Flashman DRE#01841976 of Keller Williams-Santa Monica and Chase Simonton CA DRE# 01766871 of .


    Based on information from CARETS as of 2019-11-21T16:50:25.77. 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.

    Licensed in the State of California, USA.
     
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake CA, 91361