6.05% Cap Rate & Nearly $300,000 in Cap Ex 11346 Santol Dr 4 Unit Apartment Building $899,000 ($224,750/Unit) 6.05% Cap Rate Sylmar, CA 91342

We are pleased to present a rare income-producing opportunity in the secluded Sylmar enclave of Kagel Canyon. This property features a total of four units (three legal units plus one non-conforming studio) tucked away in a private-like setting adjacent to Lakeview Terrace. The attractive unit mix includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one non-conforming studio. Nearly $300,000 in capital improvements have been completed, including upgraded electrical panels. ***Delivering 6.05% Cap Rate on Current Rents and 11.19 GRM.*** Select units showcase spacious renovated kitchens, upgraded bathrooms, and private balconies. Tenants benefit from the property's proximity to Kagel Mountain Trailhead, Kagel Summit, local Golf Courses, Polo Club and convenient access to the 210, 118, and 5 freeways. Please note, this property is not within the City of Los Angeles and falls under the Unincorporated Los Angeles County Rent Ordinance. Be sure to view the interior photos and property video highlighting both the units and the unique lifestyle amenities this area has to offer. Directions to location, from the 210 Freeway, Exit Foothill Blvd and make a left onto Osborne St, then make another left onto Garrick Ave. Now make a right onto Kagel Canyon St, continue to go up north on Kagel Canyon Rd, then make a left onto Shafer Pl and another left onto Santol Dr, the property will be on your left hand side in that cul-de-sac. All 4 units are occupied, please do not disturb tenants, no showings or appointments, access to property is via offer subject to inspection. Please feel free to drive by the address and contact either listing agent for the marketing package that has more information, Interior photos for all 4 units & income/expense of the property. You may also email/call/text listing agent or assistant.