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8740 Topanga Canyon Boulevard
USD 3,500,000
Property ID: SR23146343
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8740 Topanga Canyon Boulevard ,91304
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icon 15207 SqFt
icon Built in 1962
icon USD 230/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
14242
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1962
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Detailed Introduction Of This Home
Topanga Villa is a well located 15 unit garden-style building with a central courtyard. The building has a great unit mix featuring a majority of two bedroom/two bath units. Units are very large and average over 970 SF. The building is consistently 100% occupied. This building has tremendous rental upside. Existing rents are 55% below market. Great opportunit for an investor looking for a well located, value-add property that is in a high rental area in the west valley ( bordering West Hills and Chatsworth). First time on the market in 29 years. The list price is below replacement cost at only $245.75 per SF and $233,333 per unit. Lowest priced apartment complex in the area. Rents have not been raised in four years. Opportunity to raise rents in January 2024.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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8740 Topanga Canyon Boulevard
USD 3,500,000 0 Beds
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