Residential Income – 21700 Septo St, Chatsworth, CA 91311, USA -001-11-30T00:00:00-08:00
We are proud to present to market 21700 Septo Street an impressive 97-unit apartment building in the city of Chatsworth This offering presents an excellent opportunity to acquire an asset with a desirable unit mix and the ability for a new investor to captur
21700 Septo St, Chatsworth, CA 91311, USA
$28,000,000 USD
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Address21700 Septo Street, Chatsworth
Price$28,000,000
Year Built1977
Bedrooms Total0
Listing ID19526932
StatusPending
Parcel Number2747021027
ZoningLAR3
Special ConditionsStandard
Days on Market110

Detailed Description: We are proud to present to market 21700 Septo Street an impressive 97-unit apartment building in the city of Chatsworth This offering presents an excellent opportunity to acquire an asset with a desirable unit mix and the ability for a new investor to capture significant potential upside for a building which has already been upgraded. The building was constructed in 1977 and is situated on an expansive 83,124 square foot lot. The property offers a compelling unit mix of one – single, forty – one bedroom with one bath, fifty – two bedroom and two baths and four townhomes of two bedrooms and two baths. The ample parking provides one sport per bedroom for parking (including singles and having a spot each). Seismic retrofit has been completed for this property. **Drive by only***

Senior Community

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Address Information
Address21700 Septo Street, Chatsworth
Street SuffixStreet
CityChatsworth
Location (MLS Area)CHT – Chatsworth
County Or ParishLos Angeles
State or ProvinceCA
Postal Code91311
Financial Information
Purchase Contract DateJanuary 22, 2020
Price per Lot Square Foot$
Special ConditionsStandard
Gross Operating Income$2,109,840
Gross Income$2,081,040
Net Operating Income$1,309,781
Gross Multiplier13.27%
Tax Year2000
Full Descriptions
Parcel Number2747021027
Detailed DescriptionWe are proud to present to market 21700 Septo Street an impressive 97-unit apartment building in the city of Chatsworth This offering presents an excellent opportunity to acquire an asset with a desirable unit mix and the ability for a new investor to capture significant potential upside for a building which has already been upgraded. The building was constructed in 1977 and is situated on an expansive 83,124 square foot lot. The property offers a compelling unit mix of one – single, forty – one bedroom with one bath, fifty – two bedroom and two baths and four townhomes of two bedrooms and two baths. The ample parking provides one sport per bedroom for parking (including singles and having a spot each). Seismic retrofit has been completed for this property. **Drive by only***
Heating DescriptionWall Furnace
Property parameters
Year Built1977
Lot Size SourceOther
Number of Buildings4
Number of Units Total97
ZoningLAR3
Units Total97
Listed withJason Flashman (Keller Williams-Santa Monica)