9949 Sepulveda Blvd., Mission Hills (San Fernando), CA 91345 (MLS # OC18225157)
EXISTING LOAN CREATES BETTER LEVERAGE AT A BELOW MARKET INTEREST RATE WITH A LONG TERM DUE DATE!
The Montecito North & South is a 42 unit Non Rent Controlled Apartment Community in Mission Hills (Los Angeles) California. Consisting of two separate buildings and lots, 9949 Sepulveda is a 23 unit apartment building and 9969 Sepulveda is a 19 unit apartment building. Both properties have had the earthquake retrofit work completed. Featuring Studios, One Bedroom (3 are Townhouses), Two Bedroom One and Two Baths the unit mix is well balanced. Each building has a laundry room and there are a total of 81 parking spaces, both tuck under and open, for the tenants. Tremendous rental upside exists as The Montecito North & South can have unit interiors upgraded and rents increased.
CALL AGENT FOR DETAILS ON VERY FAVORABLE EXISTING LOAN!!
MHL - Mission Hills
||MHL - Mission Hills
||16-20 Units/Acre, Lot 20000-39999 Sqft
Listing provided by : Mike Marcu CalDRE: 00919594, Mike Marcu, Broker
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