18543 Clark St, Tarzana, CA 91356

$7,070,000
48
BD
47
BA
29,884
SqFt
Sold Price
$7,070,000
List Price
$7,500,000
Closing Date
Apr 20, 2021
MLS#
21-679530
Status
SOLD
Type
Multifamily
Bedrooms
48
Bathrooms
47
Living Area
29,884

Property Description

Excellent Tarzana Location - The Villa Royale apartments are located walking distance to Ventura Blvd and Reseda Blvd, a very walkable pocket of the sub-market. | Attractive Unit-Mix - Over 60% of the unit mix consists of 2 bedroom and 3 bedroom units. | Immediate Rental Upside - The Villa Royale apartments offers immediate rental upside with five units being delivered vacant. | High Barrier To Entry Sub-Market | Soft Story Retrofit Completed - The owner recently completed all the soft story retrofit work required. | The building is 100% copper piped.

Additional Information

Year Built
1962
Garage
Covered Parking

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of James Capital Advisors, Inc., Elliot Hassan. Selling Office: .

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