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10009 De Soto Avenue, Chatsworth, CA 91311

Property Details

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10009 De Soto Avenue
Chatsworth, CA 91311

In Escrow / Under Contract: $13,600,000

Property Type: Commercial Apartments
MLS#: SR18289841

  • Building Size: 43616 SF
  • Lot Size: 54694 SF
  • Number of Units: 61
  • Year Built: 1963
  • Days on market: 167
  • Net Operating Income: $605,882
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Michael Tootikian, Keller Williams Encino-Sherman

Property Description

Built in 1963, this garden style apartment complex with lush landscaping and spacious units consists of twenty six (26) one-bedroom/ one-bath apartments and thirty five (35) two-bedroom/one bath apartments with an approximate building square feet of 43,616 on a lot size of approximately 1.256 acres of land. This well maintained, two story apartment complex features all the amenities one can ask for such as gated pool, fitness area, playground, laundry facilities, and on-site parking all nestled in a lovely, quiet community. Each unit is separately metered for gas and electric. Building has copper plumbing and the soft story retrofit was completed in 1994. Excellent assumable financing. With significant rental upside, this property provides an excellent opportunity for an investor to increase market rents, thereby making this a true value-add opportunity.

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10009 De Soto Avenue, Chatsworth, CA 91311

Based on information from California Regional Multiple Listing Service, Inc. as of March 30, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Michael Tootikian, Keller Williams Encino-Sherman

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