The Rose Garden 10746 New Haven St 14 Unit Apartment Building $2,390,000 ($170,714/Unit) 5.27% Cap Rate Sun Valley, CA 91352

Kidder Mathews is pleased to present the opportunity to acquire The Rose Garden, a well-positioned cooperative asset located at 10746 New Haven St in the highly desirable Sun Valley submarket of the San Fernando Valley. The offering consists of 14 co-op units out of 17 total units, representing 82.35% ownership and providing substantial control within the HOA structure. This majority position allows an investor to direct capital improvements, oversee leasing strategy, and drive long-term value creation with meaningful operational influence.
Constructed in 1964, The Rose Garden features primarily spacious one-bedroom units, along with a rare three-bedroom unit that broadens tenant appeal. The courtyard-style property includes assigned parking and on-site laundry facilities, supporting tenant retention and operational efficiency.
The asset presents a compelling value-add opportunity with significant upside potential through interior renovation and strategic rent repositioning. Current operations provide stable in-place income, including competitive Section 8 tenancies, creating a dependable cash flow base while preserving flexibility to transition units toward market-rate rents over time.
Sun Valley continues to benefit from strong regional connectivity and proximity to major employment centers. Direct access to Interstate 5 and the 170 Freeway provides convenient connectivity to Burbank, North Hollywood, and surrounding entertainment and production hubs. Relative affordability compared to neighboring submarkets, combined with limited comparable new supply at similar price points, supports sustained renter demand and long-term rent growth.
The Rose Garden offers majority control, durable cash flow, and clear upside within a resilient and supply-constrained San Fernando Valley rental corridor.