8861 LANGDON AVENUE, NORTH HILLS CA 91343

Originally built in 1963, this offering consists of a highly desirable mix of seven 1+1, two 2+1, sixteen 2+2 and four 3+2 units. The structure is two stories that total approximately 28,376 SF. The apartments surround a courtyard featuring a sparkling pool and a gated entry with 29 covered secured parking spaces. Numerous updated interiors are adorned with a combination of wood laminate & tile floors, granite counters and large walk in closets. Many updated units feature large walk-in closets, wall air conditioning units, ceiling fans, and balconies. With all units currently occupied, this property presents an excellent value-add opportunity offering potential for growth and appreciation for years to come. There is approximately 37% rental upside and an on-site laundry room that provides additional income. The property is located on a corner lot within two blocks of both the 405 Freeway and Sepulveda Boulevard. Tenants are steps away from Starbucks, Bank of America, Walgreens, Vallarta Supermarket, and other retail centers.

Listing Courtesy of Joshua Luchs, Kidder Mathews of California, Inc.