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    Address Not Published St

    Newhall, CA 91321
    • $6,700,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: 20-571048
    UPDATED: 84 min ago
    $6,700,000
    • 29
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,716
      SQFT
    • $309
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Ratings & Info

    Description

    Upside in rents, Santa Clarita has no rent control. Priced at $223,333/Unit; 11.8 x gross and 5.4% cap with existing rents; 10.7 x gross and 6.2% cap with rents at market. Amenities include pool, courtyard, picnic area, electric car charging, central A/C, hardwood-style flooring, washer and dryer in building, modern-style white cabinets, dishwashers and microwaves. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor. Seller prefers to sell together with 6-additional nearby properties as a portfolio. Additional properties are in MLS.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-07T17:42:44.853. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/105131805
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    Address Not Published St Newhall, CA 91321

    • Price: $6,700,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: 20-571048
    29
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    21,716
    SQFT
    $309
    $/SQFT
    1979
    Built
    Neighborhood:
    Downtown Newhall
    County:
    Los Angeles
    Area:
    Downtown Newhall
    Property Description
    Upside in rents, Santa Clarita has no rent control. Priced at $223,333/Unit; 11.8 x gross and 5.4% cap with existing rents; 10.7 x gross and 6.2% cap with rents at market. Amenities include pool, courtyard, picnic area, electric car charging, central A/C, hardwood-style flooring, washer and dryer in building, modern-style white cabinets, dishwashers and microwaves. Near Westfield Valencia Town Center, Magic Mountain, Hurricane Harbor. Seller prefers to sell together with 6-additional nearby properties as a portfolio. Additional properties are in MLS.
    Exterior Features

    Lot Size Area 44518 Other Structures None Parking Garage Gated Pool YN No Tennis YN No Total Parking 44

    Interior Features

    Baths Total 30.00 Cooling Other Den No Dining Room No Equipment Other Family Room No Heating Other

    Property Features

    Gross Income 568224 Gross Operating Income 551177 Like Units1 6 Like Units2 20 Like Units3 3 Like Units4 1 Net Operating Income 162704.00 Number Of Buildings 2 Number Of Units 30 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 188473 Type Of Units Mixed Zoning Scur3

    Listing provided courtesy of Hamid Soroudi DRE#00708618 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-07T17:42:44.853. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355