Sun Valley, CA91352
| 6508 sqft | MLS# P1-22559
Tract: Not Applicable
Pending $1,900,000
Description
Introducing 8425 Glenoaks Boulevard - a unique 8-unit multifamily investment opportunity in the rapidly growing Sun Valley submarket. This well-located asset features a desirable mix of (4) spacious 2 bed / 2 bath units and (4) efficient 1 bed / 1 bath units, spread across two separate buildings with distinct construction eras and characteristics.The larger building, constructed in 2003, consists of four +/-1,075 SF 2-bedroom units that are not subject to the Los Angeles Rent Stabilization Ordinance (RSO). The smaller building, built in 1953, includes four +/-550 SF 1-bedroom units, which fall under LA RSO. The total combined building size is approximately +/-6,508 SF situated on a +/-12,869 SF lot.This low-maintenance property features copper plumbing throughout, washer/dryer hookups in 6 of the 8 units, and a total of 12 on-site parking spaces. Importantly, no seismic retrofit is required. All of the units offer their own water heater and provide granite or quartz countertops in the kitchens. With no common area laundry, there are absolutely no gas expenses for the ownership.Positioned with excellent access to the 5 Freeway, the property also benefits from its proximity to Burbank, North Hollywood, Bob Hope Airport, and the Burbank Town Center, making it attractive for tenants and investors alike.This is an outstanding opportunity to acquire a stabilized, income-producing asset with immediate rental upside and long-term appreciation potential.
Facts
| Built in 2003 | Lot Size: 12869.00 sqft | HOA Dues: $0/month
Features
Listing provided by Casey Picard, Keller Williams Realty
Based on information from California Regional Multiple Listing Service, Inc. as of June 26, 2025. 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.
