From original ownership
Once in a lifetime opportunity
5 units over 8,400 sf
(3) 2+.5 (2) 2+2
Huge upside in rents
Massive 3 level owner’s unit
|No. Units||5||Gross Rent Multiplier||20|
|Building Size||8,499 SF||No. Stories||3|
|Property Type||Multifamily||Lot Size||10,430 SF|
|Property Sub-type||Garden/Low-Rise||APN / Parcel ID||5810-016-007|
The Alexanian Apartment Advisors are honored to represent this once in a lifetime investment opportunity. Being offered for the first from the original developer/owner, the La Canada Crest View Apartments is comprised of 5 large units. Amazing views to Downtown Los Angeles and Verdugo Mountains. All units have washer and dryer inside, central air conditioning, and additional storage space. The owners unit 3 bedroom with 2.5 bath is abundantly spread over three levels and offers irreplaceable views. The property has countless capital improvements and provides big upsides in rents with a short walk to Foothill Blvd.
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