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Key Details
Sold Price $5,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 23,413 sqft
Price per Sqft $215
MLS Listing ID 17249962
Sold Date 09/06/17
Bedrooms 61
HOA Y/N No
Year Built 1962
Lot Size 0.629 Acres
Property Description
Variel Towers is a 25-unit multifamily property that contains mostly two and three bedroom units. Constructed in 1962 with a courtyard-style layout, the building includes 23,413 rentable square feet on a 27,420 square foot parcel. The apartment units surround a spacious, landscaped courtyard, while covered parking for 23 vehicles is located in the rear. The owner recently repiped the entire building with copper plumbing. The building exterior was recently updated with two-tone paint, new landscaping, new driveway concrete, and new unit doors. Most unit interiors feature wood laminate flooring and ceiling fans, while each unit is separately metered for gas and electricity. An on-site laundry room provides the owner with additional income.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Exterior
Garage Carport
View Y/N No
Parking Type Carport
Total Parking Spaces 23
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 2112022023
Special Listing Condition Standard
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Bought with David Kaufman • David Ballin Kaufman