Address
8449 Amigo Avenue Northridge, CA
Price
$ 1,515,000
Property Attributes
- MLS#SR21008828
- TypeContingent
- CountyLOS ANGELES
- CityNorthridge
- AreaNorthridge
- Zip91324
- Style
- Price$ 1,515,000
- Bedrooms7
- Full Bathrooms7
- Half Bathrooms0
- Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Raymond Rodriguez with Keller Williams Realty Calabasas.
Data Source:
CRMLS
Property Description
We are proud to offer for sale – for the first time in 26 years, Amigo Flats. Located at 8449 Amigo Avenue, Amigo Flats is a tranquil 7-unit garden-style multifamily complex built in 1959 located in Northridge, CA. The building is 2 stories and construction is of wood frame with a pitched roof and painted stucco exterior. The asset is +/- 5,156 building square feet on a +/- 7,630 square foot lot zoned LAR3. The apartment units are spacious and consist of 7 one-bedroom/one-bath units. Unit #3 features a large backyard. Four of the 7 units have been renovated. Common area amenities include partial covered / garage parking and a laundry room. Unit amenities include air conditioning, forced air heating, stove, plenty of closet space, semi private balconies / patios, and in select units new flooring and counter tops. The building is accessible in the front of the property off Amigo Ave. and offers 10 parking spaces. Capital improvements include soft story retrofit completion, installation of a new water heater, electrical panel and garage doors. With many units at below market rents amidst a thriving rental market, 8449 Amigo Ave offers astute investors significant rental upside potential of roughly 24.63%. Debt options remain strong for those seeking a loan. The offering includes a rate quoted for 40% down at 3.5% interest rate fixed for 5 years.
| Price History | |
|---|---|
| 1/15/2021 | Listed $1,515,000 |
General Features
| Community Features | Biking, Dog Park, Hiking, Suburban |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Garage Spaces | 10 |
| Garage Y/N | Yes |
| Heating | Forced Air |
| MLS Area | NR - Northridge |
| Parking Features | Covered, Garage Faces Front, Garage, One Space, Uncovered |
| Pool Features | None |
| Property Attached Y/N | Yes |
| Property Type | Residential Income |
| Sewer | Public Sewer |
| Terms | Cash, Cash to New Loan, Conventional, Contract, Submit |
| Total Units | 7 |
| Zoning | LAR3 |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Common Walls | 2+ Common Walls |
| Heating Y/N | Yes |
| Laundry Features | Common Area |
Exterior Features
| Lot Features | 0-1 Unit/Acre |
|---|---|
| Lot Size Acres | 0.18 |
| Lot Size Area | 7630 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 7630 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Gas Meters | 10 |
| Number of Separate Water Meters | 10 |
| Total Parking | 10 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 91324
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 17, 2021 10:16 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Based on information from CARETS as of April 17, 2021 10:42 PM UTC The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and
