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    18655 Clark Street

    Tarzana, CA 91356
    • $4,100,000
    • STATUS: Active
    • ON SITE: 8 Days
    • ID#: SR21220629
    UPDATED: 59 min ago
    $4,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,590
      SQFT
    • $263
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to exclusively offer for sale for the first time in 57 years. This gated 22 Units property totals 15,590 square feet on a 17,340 square foot street to street rectangular R3 zoned lot. Great Investors choice to add a 22 units apartment building in an excellent location to their portfolio. The subject property is located one block from Ventura Blvd, surrounded by the Whole Foods market as well as many other supermarkets. Attractive Unit-Mix with Eight Single unit, Eight 1+1, Four 2+1 and Two 2+2. The subject property has some deferred maintenance and the Soft Story needs to be retrofitted. The property was built in 1964 with on-site laundry. Street to street, Clark St and Burbank Blvd. One unit will be delivered vacant.You may download the detailed income, expense and rent roll from the MLS Supplements. Offer deadline is Tuesday October 12th.

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    Based on information from CRISNet MLS as of 2021-10-16T12:56:17.14. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-10-16T12:56:17.14. 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.searchhomesincalifornia.com/homes/122162073
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    18655 Clark Street Tarzana, CA 91356

    • Price: $4,100,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: SR21220629
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    15,590
    SQFT
    $263
    $/SQFT
    1964
    Built
    Neighborhood:
    Tar - Tarzana
    County:
    Los Angeles
    Area:
    Tar - Tarzana
    Property Description
    We are pleased to exclusively offer for sale for the first time in 57 years. This gated 22 Units property totals 15,590 square feet on a 17,340 square foot street to street rectangular R3 zoned lot. Great Investors choice to add a 22 units apartment building in an excellent location to their portfolio. The subject property is located one block from Ventura Blvd, surrounded by the Whole Foods market as well as many other supermarkets. Attractive Unit-Mix with Eight Single unit, Eight 1+1, Four 2+1 and Two 2+2. The subject property has some deferred maintenance and the Soft Story needs to be retrofitted. The property was built in 1964 with on-site laundry. Street to street, Clark St and Burbank Blvd. One unit will be delivered vacant.You may download the detailed income, expense and rent roll from the MLS Supplements. Offer deadline is Tuesday October 12th.
    Exterior Features

    Carport Spaces 25.00 Construction Materials Stucco Fence YN Yes Fencing Masonry Parking Total 30.00 Roof See Remarks Uncovered Spaces 5.00

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Radiant Heating YN Yes

    Property Features

    Additional Parcels YN No Asset Class Multi-Family Building Status Existing Current Financing None Electric Standard Electric Expense 5340.00 Exclusions Tenant's Belongings Gross Scheduled Income 280170.00 Insurance Expense 2297.00 Investment Property YN Yes Land Use Multi-Family Laundry Features Community Net Operating Income 176633.00 Number Of Units Leased 21 Number Of Units Total 22 Operating Expense 104714.00 Other Expense 31785.00 Property Sub Type Multi Family Real Estate Tax Expense 51252.00 Security Features Automatic Gate Special Listing Conditions Standard Total Expenses 104714.00 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableSewer AvailableSewer ConnectedWater Connected Vacancy Allowance 5705 Water Sewer Expense 6000.00 Water Source Public Zoning R3

    Listing provided courtesy of Nader Naderi, CA DRE# 01096047, of Berkshire Hathaway Homeservices California Properties.


    Based on information from CRISNet MLS as of 2021-10-16T12:56:17.14. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-10-16T12:56:17.14. 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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    Westlake Village CA, 91362