8351 Amigo Avenue
Northridge, CA 91324
MLS #17193168

Income
  • 9units
  • 8,350sq ft
Active Under Contract $1,980,000
Est. P&I payment: $7562.26/mo
8351 Amigo Avenue, Northridge, CA 91324
  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 1
  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 2
  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 3
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  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 5
  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 6
  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 7
  • 8351 Amigo Avenue, Northridge, CA 91324 Photo 8
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Description for 8351 Amigo Avenue, Northridge, CA 91324
Subject Property is located at very convenient, decent place. CSUN, Northridge Medical Hospital Center and Northridge MetroLink Station are approximately within one mile. Subject Property is clean and well maintained, and has spacious 9 units (4/2+1.75+Fireplace; 2/2+1; 3/1+1) along with covered and secured 9 parking spaces. All units are clean, upgraded with laminated wood floor or new carpet. All kitchen and bathroom are functional and well maintained. Also the roof is well maintained and there was no leaking at all during the heavy raining in 2016 and through January 2017. All drain pipes are functional during the heavy raining.It is a great rental property. New Buyer will be able to enjoy low maintenance cost along with increasing rent. It is under rent control. But the rent can be increased 3% per year at the minimum and market rent will be applied toany vacant unit.
MLS #17193168
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My Notes for MLS #17193168

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 9
  • Year Built: 1962
  • Zoning: LAR3
  • Improvements Amount: 900,914
  • Land Value: 600,609

Exterior Features

  • Lot Size SqFt: 11,266
  • Lot Size Units: Square Feet
  • Exterior Features: TV Antenna
  • Parking YN: 1
  • Parking Features: Auto Driveway Gate

Utility Features

    Financial Features

    • Net Operating Income: 84,358
    • Price Per SqFt: 237.13
    • Total Expenses: 53,450
    • Gross Multiplier: 14.37
    • Gross Operating Income: 137,808

    Miscellaneous Features

    • Building Area Total: 8,350
    • Days On Market: 39
    • Special Listing Conditions: Standard
    • Cumulative Days On Market: 39

    Location

     
    Street View Not Available
    Directions to 8351 Amigo Avenue, Northridge, CA 91324
    North of Roscoe Blvd on Reseda Blvd./South of Chase St.
    Listing information for 8351 Amigo Avenue, Northridge, CA 91324 was graciously provided by our friends at the listing brokerage, California Mutual Realty and by listing agent Lee Soung DRE# 00698945

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    P&I Payment $7562.26
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 04/21/2018 at 1:59pm
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