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20542 Hartland Street

Winnetka, CA 91306
  • $1,674,000
  • STATUS: ACTIVE
  • ON SITE: 84 Days
  • ID#: SR23164051
UPDATED: 42 min ago
$1,674,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are proud to present 20542 Hartland Street---a 6 unit building in Winnetka near Woodland Hills. The property consists of four 2 bedroom / 1 bath units and two 1 bedroom / 1 bath units. The building features fresh painted exterior, gated front entrance, security gated 6 parking spaces, and a laundry room for tenants' convenience. The units are also separately metered for gas and electric. The large lot size of 7,412 SF also allows an investor to build at least 2 ADUs on the lot. With an upside in rents of at least 56% and potential for further improvements to the property, the building is a true value add opportunity in an unbeatable location of high demand due to the numerous large developments and attractions in the area. The property is centrally located near the newly built Topanga Social, the Westfield Topanga Mall and Village, and the Kroenke Warner Center development, which will soon be home to the LA Rams Training Facility. We are proud to present 20542 Hartland Street---a 6 unit building in Winnetka near Woodland Hills. The property consists of four 2 bedroom / 1 bath units and two 1 bedroom / 1 bath units. The building features fresh painted exterior, gated front entrance, security gated 6 parking spaces, and a laundry room for tenants' convenience. The units are also separately metered for gas and electric. The large lot size of 7,412 SF also allows an investor to build at least 2 ADUs on the lot. With an upside in rents of at least 56% and potential for further improvements to the property, the building is a true value add opportunity in an unbeatable location of high demand due to the numerous large developments and attractions in the area. The property is centrally located near the newly built Topanga Social, the Westfield Topanga Mall and Village, and the Kroenke Warner Center development, which will soon be home to the LA Rams Training Facility.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/143079328
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20542 Hartland Street Winnetka, CA 91306

  • Price: $1,674,000
  • Status: ACTIVE
  • On Site: 84 Days
  • Updated: 42 min ago
  • ID#: SR23164051
7
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Winnetka (91306)
County:
Los Angeles
Area:
Winnetka (91306)
Property Description
We are proud to present 20542 Hartland Street---a 6 unit building in Winnetka near Woodland Hills. The property consists of four 2 bedroom / 1 bath units and two 1 bedroom / 1 bath units. The building features fresh painted exterior, gated front entrance, security gated 6 parking spaces, and a laundry room for tenants' convenience. The units are also separately metered for gas and electric. The large lot size of 7,412 SF also allows an investor to build at least 2 ADUs on the lot. With an upside in rents of at least 56% and potential for further improvements to the property, the building is a true value add opportunity in an unbeatable location of high demand due to the numerous large developments and attractions in the area. The property is centrally located near the newly built Topanga Social, the Westfield Topanga Mall and Village, and the Kroenke Warner Center development, which will soon be home to the LA Rams Training Facility. We are proud to present 20542 Hartland Street---a 6 unit building in Winnetka near Woodland Hills. The property consists of four 2 bedroom / 1 bath units and two 1 bedroom / 1 bath units. The building features fresh painted exterior, gated front entrance, security gated 6 parking spaces, and a laundry room for tenants' convenience. The units are also separately metered for gas and electric. The large lot size of 7,412 SF also allows an investor to build at least 2 ADUs on the lot. With an upside in rents of at least 56% and potential for further improvements to the property, the building is a true value add opportunity in an unbeatable location of high demand due to the numerous large developments and attractions in the area. The property is centrally located near the newly built Topanga Social, the Westfield Topanga Mall and Village, and the Kroenke Warner Center development, which will soon be home to the LA Rams Training Facility.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 37954 Buildings 1 Cfd Mello Roos Fee 1064.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 14.8 Gross Scheduled Income Actual 112974 Monthly Total Fees 88 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1467.0 Unit2 Rent Actual 2236.0 Unit3 Rent Actual 939.0 Unit4 Rent Actual 2272.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Anie Mayelian of Equity Union: 818-915-9118. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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