The Orpheum 10749 New Haven St 16 Unit Apartment Building $2,725,000 ($170,313/Unit) 5.14% Cap Rate Sun Valley, CA 91352

Kidder Mathews is pleased to present the opportunity to acquire The Orpheum, a 1965-built cooperative asset located at 10749 New Haven St in the highly desirable Sun Valley submarket of the San Fernando Valley. The offering consists of 16 co-op units out of 33 total units, representing 48.48% ownership and positioning an investor as the largest stakeholder within the HOA structure. This significant ownership concentration provides meaningful strategic influence, operational visibility, and the ability to actively participate in capital planning and leasing direction.
The property features a mix of studio and one-bedroom units within a traditional courtyard-style layout, along with assigned parking and on-site laundry facilities. The unit mix supports attainable housing demand and broad tenant appeal within the submarket.
The asset presents a compelling value-add opportunity with significant upside potential through interior modernization and strategic rent repositioning. Current operations benefit from stable in-place rental performance, including competitive Section 8 tenancies, providing dependable cash flow while preserving flexibility to enhance leasing strategy over time.
Sun Valley continues to benefit from strong regional connec tivity and steady rental demand. The property offers convenient access to Interstate 5 and the 170 Freeway, providing direct connectivity to Burbank, North Hollywood, and major employment anchors including Warner Bros., The Walt Disney Company, and surrounding entertainment and production studios. Relative affordability compared to neighboring submarkets, combined with limited comparable new supply at similar price points, supports durable occupancy fundamentals and long-term rent growth.
The Orpheum offers strategic ownership positioning, stable income, and clear upside within a resilient and supply-constrained San Fernando Valley rental corridor.