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Key Details
Sold Price $6,343,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18371694
Sold Date 12/01/18
HOA Y/N No
Year Built 1965
Lot Size 0.696 Acres
Property Description
We are pleased to offer for sale The Reseda Keswick Apartments, a 36 unit multifamily property in the Northern Los Angeles community of Reseda in the heart of the San Fernando Valley. Reseda-Keswick Apartment homes offers an investor a unique opportunity to acquire an attractive apartment community with the ability to add significant value through an enhanced interior and common-area renovation program.The community of Reseda is centrally located just west and south of the San Diego (405) Freeway and the Simi Valley (118) Freeway, providing residents convenient access to all areas of Los Angeles including Downtown Los Angeles and Burbank Studios to the south and east, West Los Angeles to the south, and Warner Center to the south and west.Apartment operations continue to improve throughout the Valley . The lack of adequate new supply being introduced to the market coupled with the demand for infill San Fernando Valley apartments has buoyed rents and kept occupancy at over 95%.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR3
Interior
Fireplace No
Laundry See Remarks
Building
Story 2
Others
Tax ID 2119001065
Special Listing Condition Standard
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Bought with Demetra Kalivas-Rees • Keller Williams Realty Encino-