8649 Sunland Boulevard, #5

Sun Valley, CA 91352

$299,000

List Price

2

bed Beds

1

shower Baths

897 sqft

straighten / sqft

1963

calendar_month Built

Property Description

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.

Listing Information

List Price $299,000
Status Active Under Contract
MLS 24438721
HOA $308
Type Residential
Subtype Condominium
Year Built 1963
Lot Size 24,771
Structure Size 897
DOM 49
Courtesy Of Rodeo Realty
Listing Agent Scott Goshorn DRE#01964409

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 1
Flooring Information
Material Laminate
Fireplace Information
Features None

Exterior Information

Maps

Listing information courtesy of: Scott Goshorn, Rodeo Realty 323-251-5479. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.