Listed by SOUTHLAND PROPERTIES
$1,298,000
16122 San Fernando Mission Boulevard
Details
APN 2667002010
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 7.00%
Buildings 2
Stories 1
Acreage 0.165
Zoning Assessor
Multifamily | 7.00% CAP | 3 Units
Marketing description
Welcome to a standout multi-unit opportunity in the heart of Granada Hills. This well-designed property offers approximately 2,580 sq. ft. across three units and presents a strong investment opportunity with an estimated 7% cap rate based on prior rental history. The main unit is a spacious 2-bedroom, 2-bath residence (approx. 1,250 sq. ft.) and is currently rented at $3,390 per month. The attached 1-bedroom, 1-bath JADU (approx. 500 sq. ft.) previously rented for $1,990 per month and could also be used as a guest suite. The newly built detached 2-bedroom, 2-bath ADU (approx. 830 sq. ft.) previously rented for $3,100 per month. All units feature modern layouts, in-unit laundry, and central heating and air conditioning. Conveniently located near shopping, dining, and major freeway access, the property offers strong rental appeal for tenants. With three units and proven rental history, this property presents a compelling opportunity for investors or buyers seeking supplemental rental income.
Listing Contacts
Listed by SOUTHLAND PROPERTIES
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