Property Detail

Description

Price Reduced! 10.25X Current GRM and a 6.34% Ca. 1980 Construction (subject to AB-1482), no City of LA rent control. Prime location one block from CSUN. Below market rent rates and implementing RUBS system will greatly increase cashflow. Building has been newly painted and is located in a High Resource Area (SAFMR are Tier 4). Tremendous upside and opportunity on this.