8351 Amigo Avenue

    Northridge, CA 91324
    • $1,980,000
    • STATUS: Active Under Contract
    • ON SITE: 1171 days
    • ID#: 17193168
    Under Contract
    UPDATED: 77 min ago
    $1,980,000
    • 15
      BEDS
    • 0.26
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 8,350
      SQFT
    • $237
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Subject Property is located at very convenient, decent place. CSUN, Northridge Medical Hospital Center and Northridge MetroLink Station are approximately within one mile. Subject Property is clean and well maintained, and has spacious 9 units (4/2+1.75+Fireplace; 2/2+1; 3/1+1) along with covered and secured 9 parking spaces. All units are clean, upgraded with laminated wood floor or new carpet. All kitchen and bathroom are functional and well maintained. Also the roof is well maintained and there was no leaking at all during the heavy raining in 2016 and through January 2017. All drain pipes are functional during the heavy raining.It is a great rental property. New Buyer will be able to enjoy low maintenance cost along with increasing rent. It is under rent control. But the rent can be increased 3% per year at the minimum and market rent will be applied toany vacant unit.

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    Based on information from CRISNet MLS as of 2020-03-29T22:43:48.163. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-29T22:43:48.163. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-29T22:43:48.163. 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.

    Based on information from the i-Tech MLS as of 2020-03-29T22:43:48.163. 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.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/69146316

    8351 Amigo Avenue Northridge, CA 91324

    • Price: $1,980,000
    • Status: Active Under Contract
    • Updated: 77 min ago
    • ID#: 17193168
    15
    Beds
    11
    Baths
    0
    ½ Baths
    0.26
    Acres
    8,350
    SQFT
    $237
    $/SQFT
    1962
    Built
    Neighborhood:
    Northridge (Nr)
    County:
    Los Angeles
    Area:
    Northridge (Nr)
    Property Description
    Subject Property is located at very convenient, decent place. CSUN, Northridge Medical Hospital Center and Northridge MetroLink Station are approximately within one mile. Subject Property is clean and well maintained, and has spacious 9 units (4/2+1.75+Fireplace; 2/2+1; 3/1+1) along with covered and secured 9 parking spaces. All units are clean, upgraded with laminated wood floor or new carpet. All kitchen and bathroom are functional and well maintained. Also the roof is well maintained and there was no leaking at all during the heavy raining in 2016 and through January 2017. All drain pipes are functional during the heavy raining.It is a great rental property. New Buyer will be able to enjoy low maintenance cost along with increasing rent. It is under rent control. But the rent can be increased 3% per year at the minimum and market rent will be applied toany vacant unit.
    Exterior Features

    Construction Frame And Stucco Parking Features Auto Driveway Gate Parking Spaces Total 9

    Interior Features

    Cooling Type Air Conditioning Heating Type Combination Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.75 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.75 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 1.0 Unit Number Of Bath08 1.75 Unit Number Of Bath09 1.75 Unit Number Of Bed01 2 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 2 Unit Number Of Bed05 1 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2 Unit Number Of Bed09 2

    Property Features

    Adjusted Gross Income 137808.00 Assessed Improvement Value 900914.00 Assessed Land Value 600609.00 Buyer Financing Cash To New Loan Country United States Of America Expense Total Annual 53450.00 Gross Operating Income 137808.00 Gross Rent Multiplier 14.37 Hoa YN N Legal Disclosures Take Property As Is Listing Terms Cash To New LoanCash Lot Size Source Vendor Enhanced Net Operating Income 84358.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Television Services Tv Antennae Unit Monthly Rent01 1519.35 Unit Monthly Rent02 1200.00 Unit Monthly Rent03 1026.00 Unit Monthly Rent04 1223.63 Unit Monthly Rent05 1300.00 Unit Monthly Rent06 1364.75 Unit Monthly Rent07 1016.28 Unit Monthly Rent08 1408.00 Unit Monthly Rent09 1260.42 Unit Projected Total Monthly Rent01 1600.00 Unit Projected Total Monthly Rent02 1300.00 Unit Projected Total Monthly Rent03 1300.00 Unit Projected Total Monthly Rent04 1600.00 Unit Projected Total Monthly Rent05 1300.00 Unit Projected Total Monthly Rent06 1500.00 Unit Projected Total Monthly Rent07 1500.00 Unit Projected Total Monthly Rent08 1600.00 Unit Projected Total Monthly Rent09 1600.00 Unit Total Monthly Rent01 1519.35 Unit Total Monthly Rent02 1200.00 Unit Total Monthly Rent03 1026.00 Unit Total Monthly Rent04 1223.63 Unit Total Monthly Rent05 1300.00 Unit Total Monthly Rent06 1364.75 Unit Total Monthly Rent07 1016.28 Unit Total Monthly Rent08 1408.00 Unit Total Monthly Rent09 1260.42 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 9 Zoning Lar3

    Listing provided courtesy of Soung Lee DRE#00698945 of California Mutual Realty.


    Based on information from CRISNet MLS as of 2020-03-29T22:43:48.163. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-29T22:43:48.163. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-29T22:43:48.163. 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.

    Based on information from the i-Tech MLS as of 2020-03-29T22:43:48.163. 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.

    Licensed in the State of California, USA.
     
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