8861 Langdon Ave Immeuble residentiel 29 lots 4 718 713 € (162 714 €/Lot) Taux de capitalisation 5,70 % North Hills, CA 91343

I'm proud to present 8861 Langdon Ave, a Twenty-Nine (29) unit investment opportunity in the heart of North Hills. 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 onsite 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.