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Price Reduction 20618 Hartland St 6 Unit Apartment Building $1,445,619 CAD ($240,937 CAD/Unit) 4.82% Cap Rate Winnetka, CA 91306



EXECUTIVE SUMMARY
This impressive property, with its prime location at 20618 Hartland in Winnetka, CA, 91306, offers the perfect blend of convenience and desirability. This Multifamily property presents a compelling investment prospect. With its well maintained and fully-occupied units, this property embodies stability and income potential for prospective investors. Don't miss the chance to acquire a thriving asset in the thriving West SFV market. This is an opportunity not to be overlooked.
This area boasts a wealth of amenities, including a diverse range of dining options, retail establishments, and recreational facilities. The location is in close proximity to the bustling commercial corridors along Vanowen Street and Hartland Street. Additionally, nearby landmarks such as Pierce College and the Westfield Topanga shopping center contribute to the dynamic appeal of the area. With its strategic positioning and access to a range of amenities, the location presents an appealing prospect for investors seeking to capitalize on the potential of the West San Fernando Valley market
Seller is looking to effect a tax deferred exchange, however, this transaction is not contingent on said exchange. Seller is marketing these properties as a package, the Seller is open to an individual purchase depending on terms
This area boasts a wealth of amenities, including a diverse range of dining options, retail establishments, and recreational facilities. The location is in close proximity to the bustling commercial corridors along Vanowen Street and Hartland Street. Additionally, nearby landmarks such as Pierce College and the Westfield Topanga shopping center contribute to the dynamic appeal of the area. With its strategic positioning and access to a range of amenities, the location presents an appealing prospect for investors seeking to capitalize on the potential of the West San Fernando Valley market
Seller is looking to effect a tax deferred exchange, however, this transaction is not contingent on said exchange. Seller is marketing these properties as a package, the Seller is open to an individual purchase depending on terms
PROPERTY FACTS In Escrow
| Price | $1,445,619 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $240,937 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.82% | Building Size | 4,216 SF |
| Gross Rent Multiplier | 11.16 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1957 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3, Los Angeles | ||
| Price | $1,445,619 CAD |
| Price Per Unit | $240,937 CAD |
| Sale Type | Investment |
| Cap Rate | 4.82% |
| Gross Rent Multiplier | 11.16 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,216 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Los Angeles |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Storage Space
- Kitchen
- Tub/Shower
- Yard
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,581 CAD | - |
| 2+1 | 2 | $3,160 CAD | - |
1 1
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 2137-030-015 | Improvements Assessment | $573,322 CAD |
| Land Assessment | $245,992 CAD | Total Assessment | $819,314 CAD |
PROPERTY TAXES
Parcel Number
2137-030-015
Land Assessment
$245,992 CAD
Improvements Assessment
$573,322 CAD
Total Assessment
$819,314 CAD
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Price Reduction | 20618 Hartland St
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