Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    8861 Langdon Avenue, North Hills, CA 91343
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    8861 Langdon Avenue
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    • MLS#: 25517405 ( )
    • Street Address: 8861 Langdon Avenue
    • Viewed: 1
    • Price: $5,375,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1963
    • Bldg sqft: 0
    • Days On Market: 11
    • Additional Information
    • County: LOS ANGELES
    • City: North Hills
    • Zipcode: 91343
    • Provided by: Kidder Mathews of California, Inc.
    • Contact: Joshua Joshua
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Originally built in 1963, this offering consists of a highly desirable mix of seven 1+1, two 2+1, sixteen 2+2 and four 3+2 units. The structure is two stories that total approximately 28,376 SF. The apartments surround a courtyard featuring a sparkling pool and a gated entry with 29 covered secured parking spaces. Numerous updated interiors are adorned with a combination of wood laminate & tile floors, granite counters and large walk in closets. Many updated units feature large walk in closets, wall air conditioning units, ceiling fans, and balconies. With all units currently occupied, this property presents an excellent value add opportunity offering potential for growth and appreciation for years to come. There is approximately 37% rental upside and an on site laundry room that provides additional income. The property is located on a corner lot within two blocks of both the 405 Freeway and Sepulveda Boulevard. Tenants are steps away from Starbucks, Bank of America, Walgreens, Vallarta Supermarket, and other retail centers.
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    Features
    Appliances
    1. Disposal
    2. Microwave
    Building Area Total
    1. 28376.00
    Country
    1. US
    Flooring
    1. Laminate
    Heating
    1. Natural Gas
    Interior Features
    1. Ceiling Fan(s)
    Levels
    1. Two
    Netoperatingincome
    1. 306534.00
    Parcel Number
    1. 2654014032
    Parking Features
    1. Covered
    Sourcesystemkey
    1. 25517405:CLAW
    Totalexpenses
    1. 228309.00
    Year Built
    1. 1963
    Zoning
    1. LAR3
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836