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13983 Astoria St
Sylmar, CA 91342
Astoria Oaks Apartments · Multifamily Property For Sale · 29 Units

Investment Highlights

  • 4.7% Current Cap Rate and 7.5% Cash on Cash Return
  • Not Subject to Los Angeles RSO, only CA Statewide Rent Control
  • 80% One-Bedrooms and 20% Two-Bedrooms, Two Bath Units
  • Value-Add Opportunity to Increase Rents by 10%
  • Seismic Retrofit Work Recently Completed
  • Blocks from Many Amenities & Fwy Access

Property Facts

No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.54 AC
Building Size 20,731 SF
Average Occupancy 97%
No. Stories 3
Year Built 1977
Parking Ratio 2.07/1,000 SF
Zoning LAR3 - According to LAHCID, the property was previously issued a luxury exemption and is not subject to LA RSO.

Amenities

Unit Amenities

  • Balcony
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Gated
  • Grill

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 23 - -
2+2 6 - -

Property Taxes

Property Taxes

Parcel Number
2504-022-020
Land Assessment
$2,771,025
Improvements Assessment
$4,156,538
Total Assessment
$6,927,563
  • Listing ID: 22304972

  • Date on Market: 2/22/2021

  • Last Updated:

  • Address: 13983 Astoria St, Sylmar, CA 91342

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