$7,500,000
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48 Beds
47 Baths
29,884 SqFt
SOLD DATE : 04/20/2021
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 29,884 sqft
Price per Sqft $236
MLS Listing ID 21-679530
Sold Date 04/20/21
Bedrooms 48
Year Built 1962
Lot Size 0.843 Acres
Acres 0.8427
Property Sub-Type Multi-Family
Property Description
Excellent Tarzana Location - The Villa Royale apartments are located walking distance to Ventura Blvd and Reseda Blvd, a very walkable pocket of the sub-market. | Attractive Unit-Mix - Over 60% of the unit mix consists of 2 bedroom and 3 bedroom units. | Immediate Rental Upside - The Villa Royale apartments offers immediate rental upside with five units being delivered vacant. | High Barrier To Entry Sub-Market | Soft Story Retrofit Completed - The owner recently completed all the soft story retrofit work required. | The building is 100% copper piped.
Location
State CA
County Los Angeles
Area Tarzana
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling Wall/Window
Equipment Other
Exterior
Parking Features Covered Parking
Garage Spaces 29.0
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with James Capital Advisors, Inc.