MULTI_FAMILY - Sylmar, CA
We are pleased to present a rare income-producing opportunity in the secluded Sylmar enclave of Kagel Canyon. This property features a total of four units (three legal units plus one non-conforming studio) tucked away in a private-like setting adjacent to Lakeview Terrace. The attractive unit mix includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one non-conforming studio. Nearly $300,000 in capital improvements have been completed, including upgraded electrical panels. ***Delivering 6.05% Cap Rate on Current Rents and 11.19 GRM.*** Select units showcase spacious renovated kitchens, upgraded bathrooms, and private balconies. Tenants benefit from the property's proximity to Kagel Mountain Trailhead, Kagel Summit, local Golf Courses, Polo Club and convenient access to the 210, 118, and 5 freeways. Please note, this property is not within the City of Los Angeles and falls u...
We are pleased to present a rare income-producing opportunity in the secluded Sylmar enclave of Kagel Canyon. This property features a total of four units (three legal units plus one non-conforming studio) tucked away in a private-like setting adjacent to Lakeview Terrace. The attractive unit mix includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one non-conforming studio. Nearly $300,000 in capital improvements have been completed, including upgraded electrical panels. ***Delivering 6.05% Cap Rate on Current Rents and 11.19 GRM.*** Select units showcase spacious renovated kitchens, upgraded bathrooms, and private balconies. Tenants benefit from the property's proximity to Kagel Mountain Trailhead, Kagel Summit, local Golf Courses, Polo Club and convenient access to the 210, 118, and 5 freeways. Please note, this property is not within the City of Los Angeles and falls under the Unincorporated Los Angeles County Rent Ordinance. Be sure to view the interior photos and property video highlighting both the units and the unique lifestyle amenities this area has to offer.
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