8960 Orion Avenue

    North Hills, CA 91343
    • $10,000,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 19531916
    $10,000,000
    • 47
      BEDS
    • 0.75
      ACRES
    • 39
      BATHS
    • 0
      1/2 BATHS
    • 28,742
      SQFT
    • $348
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    37 Unit Multi Family Complex located is desirable city of North Hills. Current Principles have kept the property in immaculate operating condition.13 of 37 units have been completely remodeled with high end finishes and Modern 21st Century design. Turn Key complex. Definite add value potential for reaming units. Please call Listing Agent for OM, PNL & Rent Roll.

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    Based on information from CARETS as of 2020-01-19T23:47:15.413. 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/101266810

    8960 Orion Avenue North Hills, CA 91343

    • Price: $10,000,000
    • Status: Active
    • ID#: 19531916
    47
    Beds
    39
    Baths
    0
    ½ Baths
    0.75
    Acres
    28,742
    SQFT
    $348
    $/SQFT
    1962
    Built
    Neighborhood:
    North Hills (Noh)
    County:
    Los Angeles
    Area:
    North Hills (Noh)
    Property Description
    37 Unit Multi Family Complex located is desirable city of North Hills. Current Principles have kept the property in immaculate operating condition.13 of 37 units have been completely remodeled with high end finishes and Modern 21st Century design. Turn Key complex. Definite add value potential for reaming units. Please call Listing Agent for OM, PNL & Rent Roll.
    Exterior Features

    Common Walls Attached Direction Faces Faces West Entry Location Ground Level - No Steps Lot Description Fenced Parking Features Driveway - Concrete Parking Spaces Total 37 Parking Type AssignedPrivate Pool Descriptions No Pool

    Interior Features

    Appliances DishwasherDryer Cooking Appliances MicrowaveGas Cooling Type Central A/C Heating Type Central Furnace Kitchen Features Granite CountersStone CountersTile Counters Laundry Locations CommunityLaundry AreaIndividual Room Levels Top Level Total Floors 2 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 2.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 1 Unit Number Of Bed04 0

    Property Features

    Actual Annual Gross Rent 699840.00 Actual Gross Annual Income 699840.00 Actual Rent Total 55820.00 Adjusted Gross Income 699840.00 Assessed Improvement Value 661889.00 Assessed Land Value 540317.00 Country United States Of America Expense Cable TV 1200.00 Expense Gardener 4200.00 Expense Insurance 9900.00 Expense Maintenance 10000.00 Expense Management 18000.00 Expense Operating 53820.00 Expense Other 40200.00 Expense Tax 125000.00 Expense Total Annual 278902.00 Expense Trash 6582.00 Gross Operating Income 699840.00 Gross Rent Multiplier 14.29 Hoa YN N Laundry Income 1000.0 Legal Disclosures Take Property As IsRent Control Listing Terms Take Property As Is Lot Size Source Vendor Enhanced Monthly Gross Income 699840.00 Net Operating Income 350954.00 Number Of Buildings 1 Owner Pays Gardener Security Safety Automatic GateCarbon Monoxide Detector(S)CommunityFire And Smoke Detection SystemGated CommunityResident Manager Special Conditions Standard Sale Square Footage Source Vendor Enhanced Tax New 125000.00 Tax Percent 1.25 Tax Total 125000.0 Unit Monthly Rent01 3546.00 Unit Monthly Rent02 13900.00 Unit Monthly Rent03 34949.00 Unit Monthly Rent04 3425.00 Unit Projected Total Monthly Rent01 64050.00 Unit Total Monthly Rent01 3546.00 Unit Total Monthly Rent02 13900.00 Unit Total Monthly Rent03 34949.00 Unit Total Monthly Rent04 3425.00 Unit Type01 2 Unit Type02 8 Unit Type03 23 Unit Type04 3 Units Total In Complex 37 Zoning Lar3

    Listing provided courtesy of Edgar Aslanyan DRE#02020713 of Berkshire Hathaway Homeservices California.


    Based on information from CARETS as of 2020-01-19T23:47:15.413. 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