8351 Amigo Avenue

    Northridge, CA 91324
    • $1,980,000
    • STATUS: Active Under Contract
    • ON SITE: 696 days
    • ID#: 17193168
    Under Contract
    UPDATED: 49 min ago
    $1,980,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T16:31:25.583. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/69147024

    8351 Amigo Avenue Northridge, CA 91324

    • Price: $1,980,000
    • Status: Active Under Contract
    • Updated: 49 min ago
    • ID#: 17193168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    8,350
    SQFT
    $237
    $/SQFT
    1962
    Built
    Neighborhood:
    NR - Northridge
    County:
    Los Angeles
    Area:
    NR - Northridge
    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

    Exterior Features Tv Antenna Lot Size Units Square Feet Parking Features Auto Driveway Gate Parking YN Yes

    Property Features

    Gross Multiplier 14.37 Gross Operating Income 137808.00 Improvements Amount 900914 Land Value 600609 Net Operating Income 84358.00 Special Listing Conditions Standard Total Expenses 53450.00 Zoning Lar3

    Listing provided courtesy of Soung Lee of California Mutual Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T16:31:25.583. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592