We are pleased to present a rare income-producing opportunity in the secluded Sylmar enclave of Kagel Canyon. This property features a total of four units (three legal units plus one non-conforming studio) tucked away in a private-like setting adjacent to Lakeview Terrace. The attractive unit mix includes two 2-bedroom/1-bath units,… Read More one 1-bedroom/1-bath unit, and one non-conforming studio. Nearly $300,000 in capital improvements have been completed, including upgraded electrical panels. ***Delivering 6.05% Cap Rate on Current Rents and 11.19 GRM.*** Select units showcase spacious renovated kitchens, upgraded bathrooms, and private balconies. Tenants benefit from the property's proximity to Kagel Mountain Trailhead, Kagel Summit, local Golf Courses, Polo Club and convenient access to the 210, 118, and 5 freeways. Please note, this property is not within the City of Los Angeles and falls under the Unincorporated Los Angeles County Rent Ordinance. Be sure to view the interior photos and property video highlighting both the units and the unique lifestyle amenities this area has to offer. Read Less
Courtesy of Remax Commercial and Investment Realty 213-817-1000
Listing Snapshot
Days Online
48
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,981
Lot Size
0.19 Acres
Year Built
1945
MLS Number
25581655
30 Days Snapshot Of 91342
$864k
+1%
(avg) sold price
8
+166%
homes sold
90
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,981 sq ft, Built in 1945, Levels: Multi/Split
Cooling
Air Conditioning, Wall/Window, Central
Disclosures
As Is
Fireplaces
Living Room
Garage
1 total garage spaces, Uncovered, Garage
Lot
LotAcreage: 0.1935, LotSizeArea: 8,406, 2-4 Lots, Lot Shape-Irregular, Cul-De-Sac
Parking
OpenOtherSpacesTotal: 2, TotalParking: 3
Property
NumberOfUnits: 4, Zoning: LCR1*
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
