Residential Income Details
Marcus and Millichap is pleased to offer for sale the fee-simple interest in a prime asset in one of the most desirablepockets of the Eastern San Fernando Valley.Situated on Camarillo Street in Toluca Lake, the subject property houses eight-units with a desirable mix of two, two -bedroom/two-bath and six, one-bedroom/one-bath apartments in an attractive Colonial structure. Units have highceilings, large windows and some upgrades. Parking is provided in a separate structure outside the building and does notrequire any seismic earthquake retrofitting in the coming years. The subject property is built on a large lot measuring8,318-square feet of land zoned R3 offering future redevelopment potential of more units.Camarillo Street Apartments offers an investor with a hard-to-find owner-user asset with considerable upside in rents inthe most serene and tree-lined street of Toluca Lake.
|Number of Units||8|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Jeanette Monfared|
|Listing Agent BRE #||00765098|
Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, July 8, 2017.
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