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18606 Collins St
Tarzana, CA 91356
13-unit Value-add with Excellent unit mix · Multifamily Property For Sale
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13 Units
Investment Highlights
- Prime location in Tarzana within walking distance to Ventura Boulevard; Value-add investment opportunity with significant upside potential
- Excellent unit mix with 85% are large 2-bedroom units, and one “owner’s unit” (4bedroom)
- Each unit has central A/C and heating and separately metered for electricity and gas; Secured entrance with 15 parking spaces
- Bordered by Sherman Oaks and Woodland Hills; Strong demographics of ±$111,295 AHH income within a 1-mile radius
- The front unit is a large townhouse style 4-bedrooms and 2-bathrooms unit; Most units have a private patio/balcony, 1 unit can be delivered vacant
- Possibility to add ADU units in the carport area (buyer to verify); Most units (±10 units) have been partially upgraded with granite/quartz countertop
Property Facts
| No. Units | 13 | Building Size | 12,221 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | R3, Los Angeles - Multiple Dwelling | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 12,221 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | R3, Los Angeles - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Ceiling Fans
- Granite Countertops
- Deck
- Double Pane Windows
- Family Room
- Patio
- Trash Compactor
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 13 | - | - |
Property Taxes
| Parcel Number | 2156-026-027 | Improvements Assessment | $2,403,324 |
| Land Assessment | $1,602,216 | Total Assessment | $4,005,540 |
Property Taxes
Parcel Number
2156-026-027
Land Assessment
$1,602,216
Improvements Assessment
$2,403,324
Total Assessment
$4,005,540
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