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listing
1 of 13
Residential IncomeFor Sale
$5,375,000
8861 Langdon Avenue
North Hills, CA 91343
Listing Office: Kidder Mathews Of California, Inc.
MLS: California Regional MLS (CRMLS)
51Beds
51Baths
28,376Sq Ft
Est. Mortgage
$27,845/mo

Originally built in 1963, this offering consists of a highly desirable mix of seven 1+1, two 2+1, sixteen 2+2 and four 3+2 units. The structure is two stories that total approximately 28,376 SF. The apartments surround a courtyard featuring a sparkling pool and a gated entry with 29 covered secured parking spaces. Numerous updated interiors are adorned with a combination of wood laminate & tile floors, granite counters and large walk in closets. Many updated units feature large walk-in closets, wall air conditioning units, ceiling fans, and balconies. With all units currently occupied, this property presents an excellent value-add opportunity offering potential for growth and appreciation for years to come. There is approximately 37% rental upside and an on-site laundry room that provides additional income. The property is located on a corner lot within two blocks of both the 405 Freeway and Sepulveda Boulevard. Tenants are steps away from Starbucks, Bank of America, Walgreens, Vallarta Supermarket, and other retail centers.

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Information courtesy of Kidder Mathews Of California, Inc. is subject to verification and is not guaranteed.
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