Winnetka, CA 91306,20526 Hartland ST
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Winnetka, CA 91306,20526 Hartland ST
Winnetka, CA 91306,20526 Hartland ST
Winnetka, CA 91306,20526 Hartland ST
Winnetka, CA 91306,20526 Hartland ST

$2,150,000

Est. payment /mo

$2,350,000

8.5%
Est.Price: ?

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20526 Hartland ST Winnetka, CA 91306

0.38 Acres Lot

SOLD DATE : 10/02/2024

Key Details

Sold Price $2,150,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSR24134532

Sold Date 10/02/24

Originating Board California Regional MLS

Year Built 1958

Lot Size 0.375 Acres

Property Description

Great "potential plus" 14 unit West Valley apartment complex lies on a desirable cul-de-sac street off Mason and Vanowen in the suburb of Winnetka, north of Warner Center in the San Fernando Valley represents one of the most economic deals on the market. A 2 story, 2 building complex built in 1958, is a great value add opportunity with rents that are almost 50% below market. 50/50 1 and 2 bedroom mix. Priced to sell, this asset can only increase in cash flow with improved management, and exterior upgrades. Ample parking in the rear for 14 spaces with lots of street parking. Property offers laundry on site, courtyard, and open grassy areas for great curb appeal. This location sits near Warner Center employment hub, future Los Angeles Rams headquarters and training facility and major employers such as Kaiser, Blue Shield, Anthem, Farmers Insurance and Universal Music. Every convenience including banking, grocery shopping, to Crate & Barrel, Target and AMC theaters,Westfield Mall, Nordstrom, Neiman Marcus, and Cheesecake Factory, making the subject property an affordable option for employees in this market sector.

Location

State CA

County Los Angeles

Area Win - Winnetka

Interior

Cooling Window / Wall Unit

Laundry Community Facility

Exterior

Parking Features Carport

Garage Spaces 14.0

Pool 31, None

Building

Lot Description Corners Marked

Water District - Public

Others

Tax ID 2137030039

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Anngel Benoun • Engel & Volkers Encino
Bought with Anngel Benoun
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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