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Sold for $2,150,000 on 10/02/24
  • Listing Provided by: 

    Anngel Benoun DRE #01014735 818-521-4035,

    Engel & Volkers Encino,

    Co-Listing Agent: Melinda Russell DRE #00860306 818-907-4704,

    CB Richard Ellis L.A. North Universal City

    Bought with: Engel & Volkers Encino
    $2,150,000

    20526 Hartland St, Winnetka, CA 91306

    147beds
    98baths
    11,004sqft
    Mixed Use
    Built in 1958
    -- sqft lot
    $2,094,100 Zestimate®
    $195/sqft
    $2,214 Estimated rent

    Home value

    $2,094,100

    $1.88M - $2.32M

    $2,214/mo

    Zestimate® history
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    What's special

    Great "potential plus" 14 unit West Valley apartment complex lies on a desirable cul-de-sac street off Mason and Vanowen in the suburb of Winnetka, north of Warner Center in the San Fernando Valley represents one of the most economic deals on the market. A 2 story, 2 building complex built in 1958, is a great value add opportunity with rents that are almost 50% below market. 50/50 1 and 2 bedroom mix. Priced to sell, this asset can only increase in cash flow with improved management, and exterior upgrades. Ample parking in the rear for 14 spaces with lots of street parking. Property offers laundry on site, courtyard, and open grassy areas for great curb appeal. This location sits near Warner Center employment hub, future Los Angeles Rams headquarters and training facility and major employers such as Kaiser, Blue Shield, Anthem, Farmers Insurance and Universal Music. Every convenience including banking, grocery shopping, to Crate & Barrel, Target and AMC theaters,Westfield Mall, Nordstrom, Neiman Marcus, and Cheesecake Factory, making the subject property an affordable option for employees in this market sector.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 05:59pm

    Listing Provided by:

    Anngel Benoun DRE #01014735 818-521-4035,

    Engel & Volkers Encino,

    Co-Listing Agent: Melinda Russell DRE #00860306 818-907-4704,

    CB Richard Ellis L.A. North Universal City

    Bought with:

    Anngel Benoun, DRE #01014735

    Engel & Volkers Encino

    Source: CRMLS,MLS#: SR24134532MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 147
    • Bathrooms: 98
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 11,004
    • Total interior livable area: 11,004 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Carport
    • Carport spaces: 14
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.38 Acres
    • Features: Cul-De-Sac, Lawn
    Details
    • Parcel number: 2137030039
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban, Sidewalks
    Location
    • Region: Winnetka

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    10/2/2024Sold$2,150,000$195/sqft
    Source: CRMLS #SR24134532

    Public tax history

    Tax history is unavailable.

    Neighborhood: Winnetka

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,094,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,094,100