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  • 8400 AMIGO AVE NORTHRIDGE
  • Listing Price: $2,450,000 Sold Price: $2,400,000
    Beds: 23  |  Baths: 15
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    • MLS#: 16-137366
    • APN#: 2785-018-043
    • Status: Sold
    • Lot Size: 15715
    • Sq Ft: 10728
    • Beds: 23
    • Baths: 15
    • Style: N/A
    • Year Built: 1959
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: Community
    • Heat: Wall
    • Air: Wall Unit(s)
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: N/A
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Northridge 
    • City: NORTHRIDGE
    • Zip code: 91324
    • Map: N/A
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # 12
    • Security: N/A
    •    
    • Amenities: Pool
    • Pool:
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Covered Parking

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The subject property is a well maintained, twelve unit apartment building located in the solid rental market of Northridge. Built in 1959, the property is subject to rent control. There is an excellent unit mix of four one bedroom/one -bath units, five one-bedroom/one-bath units, and three three-bedroom/two-bath units. Residents of the property enjoy being about one mile from Cal State University, Northridge, less than one mile from theNorthridge MetroLink Station as well the close proximity to The Northridge Fashion Center. Coupled with a nicely amenitized property, residents and prospective tenants are attracted to the easy access to public transportation, employment and education opportunities as well of plenty of shopping, dining, and entertainment nearby. Investors should view this as an excellent opportunity to own a well located apartment building, which has had some nice capital improvements and still has significant upside in the rents as units turn.
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Last Updated: 11/2/2016 11:59:22 AM
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