17945 Roscoe

    Northridge, CA 91325
    • $1,300,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: 18313436
    UPDATED: 27 min ago
    $1,300,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,962
      SQFT
    • $262
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    We are pleased to announce the sale of 17945 Roscoe Boulevard, a 6-unit multifamily property in Northridge, CA, approximately one mile from California State University, Northridge. Situated among just a handful of medium-density residential parcels along Roscoe Boulevard, Schoenborn Street, and Lindley Avenue, the property is virtually surrounded by single-family residential lots. Northridge Middle School is one block north of the subject property, while the Sherwood Forest neighborhood, famous for its grand residential tracts that span more than one acre, lies just beyond that.A new investor will benefit from the asset's relative lack of deferred maintenance, as there are no seismic retrofit repairs required (Buyer to verify). The property has received several recent upgrades, including new exterior paint, a new water heater, a new sprinkler system, and two new security gates. Current rents are approximately 20% below those of similar properties in the immediate area.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T21:26:12.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/80754363

    17945 Roscoe Northridge, CA 91325

    • Price: $1,300,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 18313436
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,962
    SQFT
    $262
    $/SQFT
    1959
    Built
    Neighborhood:
    NR - Northridge
    County:
    Los Angeles
    Area:
    NR - Northridge
    Property Description
    We are pleased to announce the sale of 17945 Roscoe Boulevard, a 6-unit multifamily property in Northridge, CA, approximately one mile from California State University, Northridge. Situated among just a handful of medium-density residential parcels along Roscoe Boulevard, Schoenborn Street, and Lindley Avenue, the property is virtually surrounded by single-family residential lots. Northridge Middle School is one block north of the subject property, while the Sherwood Forest neighborhood, famous for its grand residential tracts that span more than one acre, lies just beyond that.A new investor will benefit from the asset's relative lack of deferred maintenance, as there are no seismic retrofit repairs required (Buyer to verify). The property has received several recent upgrades, including new exterior paint, a new water heater, a new sprinkler system, and two new security gates. Current rents are approximately 20% below those of similar properties in the immediate area.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 3.74 Gross Multiplier 15.13 Gross Operating Income 85939.00 Improvements Amount 339528 Land Value 254646 Laundry YN Yes Net Operating Income 48588.00 Special Listing Conditions Standard Total Expenses 34862.00 Zoning Lar3

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T21:26:12.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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