7347 Corbin Avenue, Winnetka, CA 91306

$1,550,000
12
BD
8
BA
5,710
SqFt

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List Agent Michael A Salerno () 213-866-9801 Michael Anthony Salerno; CoList () Courtesy of Selling Office: Marcus & Millichap, Jason Tuvia - Selling Agent DRE# and Courtesy of Listing Office Michael Anthony Salerno, Michael A Salerno - Agent DRE#

Sold Price
$1,550,000
List Price
$1,750,000
Closing Date
Sep 25, 2024
Status
CLOSED
MLS#
24391741
Year Built
1961
Bedrooms
12
Bathrooms
8
Living Sq. Ft
5,710
Lot Size
8,067
Days on Market
49
Property Type
Multifamily
Stories
One Level

Property Description

8 units in Winnetka, the heart of the San Fernando Valley. Great unit mix - 4 - 1bedroom + 1 bath and 4 - 2 bedroom + 1 bath units. There is 5,710 sq. ft. of building. It was built in 1961 and it sits on a 8,064 sq. ft. lot. Long term owner. Below market rents with HUGE upside in the rents. Individually metered for gas and electricity. There are currently 2 vacant units. There is an excellent assumable loan. The current loan balance is approximately $841,000, interest rate is 4% fixed until 7/28/2026, due in 2046. Close to shops, restaurants, public transportation and California State University, Northridge. Can be purchased with 7353 Corbin Ave - 10 units.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.