THe Marion Manor 10730 New Haven St 32 Unit Apartment Building $4,775,000 ($149,219/Unit) 6.69% Cap Rate Sun Valley, CA 91352

Kidder Mathews is pleased to present the opportunity to acquire The Marion Manor, a well-positioned cooperative asset located at 10730 New Haven St in the highly desirable Sun Valley submarket of the San Fernando Valley. The offering consists of 32 co-op units out of 42 total units, representing 76.19% ownership and providing substantial operational control and decision-making authority within the HOA structure. This majority position enables coordinated capital improvement execution, strategic leasing oversight, and long-term asset optimization.
The asset represents a compelling value-add opportunity with significant upside potential, allowing an investor to implement a targeted renovation program, enhance operational efficiencies, and reposition rents to drive meaningful revenue growth.
Constructed in 1964, The Marion Manor features spacious one-bedroom units, many with private patios or balconies, arranged in a traditional courtyard configuration. The property includes assigned parking and on-site laundry facilities, supporting tenant retention and operational stability.
Sun Valley continues to benefit from strong regional connectivity, with direct access to Interstate 5 and the 170 Freeway, providing convenient access to Burbank, North Hollywood, and major employment anchors such as Warner Bros., The Walt Disney Company, and surrounding production studios. Relative affordability compared to adjacent submarkets, combined with limited comparable new supply at similar price points, supports durable occupancy and long-term rent growth.
The Marion Manor offers scale, majority control, and measurable long-term upside within a resilient and supply-constrained San Fernando Valley rental corridor.