Price Reduction
Address
9949 Sepulveda Boulevard Mission Hills, CA
Price
$ 9,650,000
Property Attributes
  • MLS#OC18019254
  • TypeIncome
  • CountyLOS ANGELES
  • CityMission Hills
  • AreaMission Hills
  • Zip91345
  • Style
  • Price$ 9,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage32162
  • Lot Size0.86 Acres
Listing Provided Courtesy Of:
Mike Marcu with Mike Marcu, Broker.
Property Description

PRICE REDUCED AS SELLERS HAVE FOUND A PLACE FOR THE EQUITY TO GO!! The Montecito North & South is a 42 unit Non Rent Controlled Apartment Community in Mission Hills (Los Angeles) California. Consisting of two separate buildings and lots, 9949 Sepulveda is a 23 unit apartment building and 9969 Sepulveda is a 19 unit apartment building. Both properties have had the earthquake retrofit work completed. Featuring Studios, One Bedroom (3 are Townhouses), Two Bedroom One and Two Bath the unit mix is well balanced. Each building has a laundry room and there are a total of 81 parking spaces, both tuck under and open, for the tenants. Tremendous rental upside exists as The Montecito North & South can have unit interiors upgraded and rents increased.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/25/2018 Listed $10,000,000
5/16/2018 1% - $9,900,000
6/26/2018 3% - $9,650,000

General Features

Attached Structure Attached
Community Features Sidewalks, Street Lighting, Suburban
Directions Devonshire east to Sepulveda south
HOA Fee 0.00
Listing Agent Mike Marcu - BRE#00919594
Listing Agent State License 00919594
MLS Area MHL - Mission Hills
Number of Units Leased 42
Price Per Square Foot 300.04
Property Attached Y/N Yes
Special Listing Conditions Standard
Total Units 42

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Garbage Disposal Count 44
Laundry Features Community
Laundry Y/N Yes
Number of Wall ACs 44
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 32162.00
Garage Spaces 0.00
Lot Features 36-40 Units/Acre
Lot Size Source Assessor
Lot Size Square Feet 37461.60
Lot Size Units Acres
Number of Buildings 2
Number of Separate Electric Meters 44
Number of Separate Gas Meters 44
Number of Separate Water Meters 2
Parking Features Assigned
Parking Y/N Yes
Pool Features None
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91345

Price
AVG $2.51M
$9.65M
Visits
AVG 84
397
Year Built
AVG 1959
1979
Walkscore
AVG 37
44

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