8861 Langdon Avenue, North Hills, CA 91343

  • $5,375,000
8861 Langdon Avenue, North Hills, CA 91343
Active
8861 Langdon Avenue, North Hills, CA 91343
8861 Langdon Avenue, North Hills, CA 91343
  • $5,375,000

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.

  • Address 8861 Langdon Avenue
  • State/county CA
  • Zip/Postal Code 91343
  • Country US

Details

Updated on April 3, 2025 at 4:57 am
  • Property ID: 25517405
  • Price: $5,375,000
  • Property Size: 28376
  • Land Area: 0.6775 Acres
  • Bedrooms: 51
  • Bathrooms: 51
  • Garage Size: x x
  • Year Built: 1963
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman