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9949 Sepulveda Blvd., Mission Hills (San Fernando), CA 91345 (MLS # OC18225157)

Price $9,650,000
Status Active
Beds 0
Baths 0 bath
Home size 32,161 sq ft
Lot Size 37,461 sqft
Days on Market 92
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!!
Property Type(s): Residential Income
Last Updated 9/14/2018 Year Built 1979
Community MHL - Mission Hills County Los Angeles

Additional Details

AREA MHL - Mission Hills
LOT 0.8600 acre(s)
LOT DESCRIPTION 16-20 Units/Acre, Lot 20000-39999 Sqft
SEWER Sewer Assessments
WATER Public



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Listing provided by : Mike Marcu CalDRE: 00919594, Mike Marcu, Broker

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/18 11:09 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

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Drew de la Houssaye
(310) 903-7866 ph
(310) 300-0635 fx
License #01518883
468 N. Canon Drive
Beverly Hills, CA 90210


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