8649 Sunland Boulevard 5, Sun Valley (los Angeles), CA 91352

$299,000 Asking Price

2 beds
1 bath
897  sqft
Built in 1963

Looking for the perfect investment or a sweet spot to call home? This prime 2-bed, 1-bath condo in the heart of the San Fernando Valley is just what you need! Whether you're an end-user or an investor looking to beef up your portfolio, this gem delivers with a solid 5.12% CAP rate. The first-floor unit features updated flooring, newer appliances, and unbeatable access to the 5 freeway, putting entertainment, dining, and shopping at your fingertips. It's part of a co-op, so be sure to ask about financing options. The current tenant, paying $2,150/month ($25,800 annually), is happy to stay but open to moving with proper notice. Don't miss out on this income-generating opportunity! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.74% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.

Features & Amenities

Interior

General:
Family Room
Appliances:
Microwave, Refrigerator
Laundry:
Community Facility
Flooring:
Laminate
Heating:
true, Wall Furnace
Fireplace:
None

Exterior

Style:
Traditional
Pool:
None
Parking:
Assigned

Construction

General:
1

Location

HOA Amenities:
Gated, Other, Trash, Water/Sewer, 308.0, Monthly
County:
Los Angeles

Lot

Zoning:
LAR3, 2408012033
View:
None

This listing courtesy of:
Rodeo Realty, Scott Goshorn

About Sun Valley, CA

Housing

Number of Units
12,680
Median Home Value
$552,570
Median Rent
$1,363

48.93% of housing units are renter occupied.

2.96% are vacant.

Commute

Car
77.79%
Public Transportation
3.58%
Walk to Work
1.44%
Work from Home
16.00%
Other
0.96%

The median travel time to work is 27 minutes.

People

Population
46,865
Median Age
36.90
Median Household Size
3.64

Education

High School
25.39%
Associate’s Degree
7.12%
Bachelor’s Degree
13.13%
Graduate Degree
4.33%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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