Historical Multifamily Sale Listing - 20414 Cohasset Avenue

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20414 Cohasset Avenue

20414 Cohasset Avenue, Winnetka, CA 91306

N/A

27 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
27
Building Size:
17,990 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
5.58%
Gross Rent Multiplier:
10.24
Year Built:
1963
Lot Size:
22,022 SF
APN / Parcel ID:
2114-008-007
Listing ID
18198592
Last Updated
314 days ago

Highlights

  • Solid Winnetka Location
  • Great Unit Mix of One, Two, and Three Bedroom Units
  • Value Add Opportunity
  • Nicely Landscaped Entrance
  • Tuck Under and Carport Parking
  • Storage Units

Description

The subject property is a twenty seven (27) unit apartment building located in the dense rental market of Winnetka. Built in 1963, the property is subject to rent control. There is an excellent unit mix of Twenty One One Bedroom/One Bath, Seven Two Bedroom/Two Bath Units and One Three Bedroom/ Two Bath Units.
In addition to the desirable location, the property attracts residents with a good variety of amenities which include a nicely landscaped entrance, large courtyard, tuck under & carport parking, storage units and an on-site laundry facility. Investors should view this as a great opportunity to own a twenty seven unit apartment building in a dense location with upside in rents.

Winnetka is a desirable West San Fernando location that is bordered by Canoga Park to the West, Woodland Hills to the South and Northridge and Reseda to the East. Residents benefit from the close proximity to the Warner Center, Pierce College and numerous other entertainment and employment options.

Map of 20414 Cohasset Avenue, Winnetka, CA 91306 (Los Angeles County)

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