North Hills, CA 91343,8861 Langdon Ave
North Hills, CA 91343,8861 Langdon Ave
North Hills, CA 91343,8861 Langdon Ave
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$5,375,000
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51 Beds
51 Baths
28,376 SqFt
Active

8861 Langdon Ave North Hills, CA 91343

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 28,376 sqft

Price per Sqft $189

MLS Listing ID 25517405

Bedrooms 51

Year Built 1963

Lot Size 0.678 Acres

Acres 0.6775

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area North Hills

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling Wall Unit(s)

Flooring Laminate

Equipment Ceiling Fan, Garbage Disposal, Microwave, Range/Oven

Exterior

Parking Features Covered Parking

Garage Spaces 29.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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agent

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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8861 Langdon Ave