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. Rent increases commencing February 1, 2024 have already been issued by the current ownership and are reflected in the rent roll. 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 57% 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.