Property summary
This exceptional five-unit apartment building presents a compelling investment opportunity in Los Angeles, CA. Located at 10136 Silverton Ave, 91042, this two-story, 5,120 square foot complex boasts a desirable unit mix: one 2-bedroom/1-bathroom, two 2-bedroom/1.5-bathroom, and two 3-bedroom/2-bathroom units. Built in 1964 and situated on a 6,573 square foot lot, the property offers ample space and parking for ten vehicles. The building features an open floor plan in each unit, providing spacious living areas and abundant natural light. Benefiting from a completed soft-story retrofit and already implemented pass-throughs, this property minimizes future expenses and ensures compliance. Its prime location just north of Foothill Boulevard provides convenient access to local shops and restaurants. The property's strong financial performance is highlighted by a 4.61% cap rate and a Net Operating Income (NOI) of $78,065, reflecting stable tenancy and consistent cash flow. This well-maintained property is easy to manage and represents a significant value at an asking price of $1,695,000 ($331.05/sq ft). The scenic environment and proximity to a local school further enhance its appeal. This is an ideal investment for those seeking a stable, high-performing asset in a desirable Los Angeles location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LARD3 · Tujunga, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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