21719 Hart St, Canoga Park, CA 91303

$2,395,000
12
BD
8
BA
6,200
SqFt

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List Price
$2,395,000
Price Change
▼ $55,000 1788928319
MLS#
26833797
Year Built
2023
Bedrooms
12
Bathrooms
8
Living Sq. Ft
6,200
Lot Size
5,002
Days on Market
122
Property Type
Multifamily
Stories
3

Property Description

NEW PRICE - reduced by $55,000. Built in 2023, this four-unit building sits approximately one mile from Rams Village at Warner Center, the 52-acre,$10 billion district anchored by the permanent Los Angeles Rams headquarters. All four units are three-bedroom, two-bath plans of approximately 1,550 SF with quartz counters, stainless appliances, private balconies, and in-unit laundry. Central HVAC, fire sprinklers, rooftop solar and eight parking spaces at 2:1. Approximately 6,200 SF on a 5,000 SF R3-1-RIO lot.100% leased, tenant-paid utilities with RUBS, expense ratio near 21.8%.Offered at $2,395,000 - a 5.62% current cap, 6.20% pro forma, 13.50 GRM.A 2023 certificate of occupancy places the property outside the LA Rent Stabilization Ordinance and outside the AB 1482 cap until 2038. Below the Measure ULA threshold, and at four units, it qualifies for conventional residential financing. State law may allow detached ADUs; buyer to verify. The seller is motivated. Offering memorandum attached in the documents section.

Additional Information

Other Buildings
None
Kitchen Features
Island, Quartz Counters
Pool Description
None
Heat
Central
Cooling
Central
Exterior Construction
Stucco
Number of Cars in Garage
Gated

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Calculator source: Real Geeks

Courtesy of Global Platinum Properties, Inc., Armin Soleimani - CA DRE#01846872

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