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    5821 Sylmar Avenue

    Van Nuys, CA 91401
    • $3,000,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: SR20185775
    UPDATED: 21 min ago
    $3,000,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,400
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    RARE offering nestled in a pride of ownership single family neighborhood. Handsome 3 story corner property, impeccably maintained and surrounded by mature landscape. Built in 1987, only 4 blocks North of Sherman Oaks boundary and walking distance to Sherman Oaks Rec Center with Little League, Sports Courts and an Adult Center. The Building is 3 stories and consists of 8 units, four units on second floor above ground level parking, four units on top floor. Exterior access to all units via open stairwells with roofs for protection from the elements. All units consist of 2 Bedrooms, 2 Baths, Central Air & Heat, sliding doors to Private Balconies, open Kitchens to Dining Areas, oversized Living Rooms and more! FIVE of the units have been upgraded! The FOUR top floor units feature vaulted ceilings and views - TWO of these have spacious LOFTS - perfect for Home Office, Den or 3rd Bedroom! The FOUR second floor units have treetop views. The shared laundry room is located in the ground floor secured parking area which offers 2 spaces per unit with access via either a pedestrian gate or auto gate with opener. There is significant upside potential in this high demand location with limited rental inventory 100% rent collection! Close to transportation, hospital, shopping and restaurants with easy access to Valley College, freeways and other major employment centers.

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    Based on information from CRISNet MLS as of 2020-09-20T21:56:03.177. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, 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 the CSMAR MLS. 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.

    Based on information from the i-Tech MLS as of 2020-09-20T21:56:03.177. 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/109780590
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    5821 Sylmar Avenue Van Nuys, CA 91401

    • Price: $3,000,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: SR20185775
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    8,400
    SQFT
    $357
    $/SQFT
    1987
    Built
    Neighborhood:
    Vn - Van Nuys
    County:
    Los Angeles
    Area:
    Vn - Van Nuys
    Property Description
    RARE offering nestled in a pride of ownership single family neighborhood. Handsome 3 story corner property, impeccably maintained and surrounded by mature landscape. Built in 1987, only 4 blocks North of Sherman Oaks boundary and walking distance to Sherman Oaks Rec Center with Little League, Sports Courts and an Adult Center. The Building is 3 stories and consists of 8 units, four units on second floor above ground level parking, four units on top floor. Exterior access to all units via open stairwells with roofs for protection from the elements. All units consist of 2 Bedrooms, 2 Baths, Central Air & Heat, sliding doors to Private Balconies, open Kitchens to Dining Areas, oversized Living Rooms and more! FIVE of the units have been upgraded! The FOUR top floor units feature vaulted ceilings and views - TWO of these have spacious LOFTS - perfect for Home Office, Den or 3rd Bedroom! The FOUR second floor units have treetop views. The shared laundry room is located in the ground floor secured parking area which offers 2 spaces per unit with access via either a pedestrian gate or auto gate with opener. There is significant upside potential in this high demand location with limited rental inventory 100% rent collection! Close to transportation, hospital, shopping and restaurants with easy access to Valley College, freeways and other major employment centers.
    Exterior Features

    Architectural Style Modern Carport Spaces 16.00 Construction Materials Drywall WallsFrameStucco Exterior Features Lighting Fence YN Yes Fencing Block Foundation Details Raised Levels Three Or More Lot Features Corner LotLevel With StreetLot 6500-9999Rectangular LotLevelSprinklers In Front Lot Size Area 6747.0000 Other Structures Storage Parking Features AssignedAuto Driveway Gate Parking Total 32.00 Parking YN Yes Road Frontage Type City Street Road Surface Type Paved Roof AsphaltShingle View NeighborhoodSee Remarks View YN Yes

    Interior Features

    Appliances DishwasherGas RangeMicrowave Appliances YN Yes Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Door Features Sliding Doors Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Central Heating YN Yes Interior Features 2 StaircasesBalconyCathedral Ceiling(S)Dry BarLiving Room Balcony Laundry Features Common AreaIndividual Room Laundry YN Yes Room Type KitchenLiving RoomMain Floor Master BedroomMaster Bathroom

    Property Features

    Accessibility Features Low Pile Carpeting Additional Parcels YN No Association Fee 0.00 Association YN No Community Features CurbsGuttersSidewalksStreet Lights Electric Electricity - On Property Electric Expense 2044.00 Exclusions None Gardener Expense 5404.00 Gross Income 173616.00 Gross Multiplier 17.00 Gross Operating Income 173016.00 Gross Scheduled Income 173016.00 Inclusions N/A Insurance Expense 10000.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 600.00 Net Operating Income 143026.00 New Construction YN No New Taxes Expense 36000.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 9 Number Of Units Leased 8 Operating Expense 29990.00 Operating Expense Percent 17.00 Other Income Description Laundry Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Property Condition TurnkeyUpdated/Remodeled Rent Control YN No Security Features Automatic GateSmoke Detector(S) Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Expenses 29990.00 Trash Expense 3543.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 9000.00 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Rosanne Covy, CA DRE# 00816752, of Skyhill Properties.


    Based on information from CRISNet MLS as of 2020-09-20T21:56:03.177. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, 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 the CSMAR MLS. 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.

    Based on information from the i-Tech MLS as of 2020-09-20T21:56:03.177. 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