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.
Property Details
Price:
$5,375,000
MLS #:
25517405
Status:
Active
Baths:
0
Address:
8861 Langdon Avenue
Type:
Residential Income
Neighborhood:
nohnorthhills
City:
North Hills
Listed Date:
Mar 24, 2025
State:
CA
ZIP:
91343
Lot Size:
29,512 sqft / 0.68 acres (approx)
Year Built:
1963
See this Listing
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Schools
Interior
Appliances
Disposal, Microwave
Flooring
Laminate
Heating
Natural Gas
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Covered
Parking Spots
29.00
Stories Total
2
Financial
Map
Community
- Address8861 Langdon Avenue North Hills CA
- AreaNOH – North Hills
- CityNorth Hills
- CountyLos Angeles
- Zip Code91343
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8861 Langdon Avenue
North Hills, CA
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