$299,000
For Sale

8649 Sunland Boulevard #5

Sun Valley, CA 91352
897 sqft | 2 beds | 1 bath | 0.57 acres | #24438721
Listing OfficeRodeo Realty
Browse 13 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Looking for the perfect investment or a sweet spot to call home? This prime 2-bed, 1-bath condo in the heart of the San Fernando Valley is just what you need! Whether you're an end-user or an investor looking to beef up your portfolio, this gem delivers with a solid 5.12% CAP rate. The first-floor unit features updated flooring, newer appliances, and unbeatable access to the 5 freeway, putting entertainment, dining, and shopping at your fingertips. It's part of a co-op, so be sure to ask about financing options. The current tenant, paying $2,150/month ($25,800 annually), is happy to stay but open to moving with proper notice. Don't miss out on this income-generating opportunity! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.74% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.

  • Property Details
      • CountyLos Angeles
      • Property SubtypeCondominium
      • Property TypePurchase
      • Original List Price$299,000
      • MLS #24438721
      • MLS #24438721
      • Acres0.5687
      • Cost299000
      • Year Built1963
      • Square Feet897
      • Hoa Fees308
      • Pets AllowedYes
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Rami ElminoufiReal Estate Group
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Down Payment

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20.0%

Interest Rate

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5.0%

Tax Rate

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1.3%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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