8649 Sunland Boulevard 5
Sun Valley, CA, 91352
$299,000
2 Beds
1 Baths
897 SqFt
0.57 Acres
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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

Price:
$299,000
MLS #:
24438721
Status:
Active Under Contract
Beds:
2
Baths:
1
Address:
8649 Sunland Boulevard 5
Type:
Condo
Subtype:
Condominium
Neighborhood:
sunvsunvalley
City:
Sun Valley
Listed Date:
Sep 12, 2024
State:
CA
Finished Sq Ft:
897
ZIP:
91352
Lot Size:
24,771 sqft / 0.57 acres (approx)
Year Built:
1963
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Interior

Appliances
Microwave, Refrigerator, Electric Oven
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace

Exterior

Association Amenities
Controlled Access, Trash, Water, Sewer
Parking Features
Assigned
Parking Spots
0.00
Pool Features
None
Security Features
Card/ Code Access, Gated Community, Smoke Detector(s)
Spa Features
None
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None

Financial

Association Fee
308.00

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Community

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8649 Sunland Boulevard 5
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