Reseda, CA 91335,7123 ETIWANDA AVE
$2,900,000
$3,000,000
3.3%
Est.Price: ?

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0.56 Acres Lot

7123 ETIWANDA AVE Reseda, CA 91335

Est. payment /mo
SOLD DATE : 03/01/2013

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Key Details

Sold Price $2,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12619077

Year Built 1976

Lot Size 0.561 Acres

Property Description

Etiwanda Apartments, a 29 plus one non-conforming unit asset located in the infill SVF submarket of Reseda, CA. The property consists of one two story structure which includes a pool and 30 parking spaces. Additionally, Etiwanda Apartments is separately metered for gas and electricity (with the exception of the non-conforming unit), and has a flat composition roof. The property has a unit mix of one two-bedroom/one-bathroom unit, four one-bedroom units, 23 junior one-bedroom units, one non-conforming bachelor unit and one single unit. Since the conversion, City of L.A. Housing Department has inspected the property several times and has never objected to the conversion.The Etiwanda Apartments have been maintained in great condition and provides an investor the opportunity to purchase a turn-key property with upside in rents in a great rental market.

Location

State CA

County Los Angeles

Area Res - Reseda

Zoning LAR3

Interior

Heating See Remarks, Wall Furnace

Cooling See Remarks

Exterior

Parking Features Uncovered

View Y/N No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Neema Ahadian • Marcus & Millichap
Bought with Neema Ahadian • Marcus & Millichap

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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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