We are proud to offer for sale – for the first time in 26 years, Amigo Flats. Located at 8449 Amigo Avenue, Amigo Flats is a tranquil 7-unit garden-style multifamily complex built in 1959 located in Northridge, CA. The building is 2 stories and construction is of wood frame with a pitched roof and painted stucco exterior. The asset is +/- 5,156 building square feet on a +/- 7,630 square foot lot zoned LAR3. The apartment units are spacious and consist of 7 one-bedroom/one-bath units. Unit #3 features a large backyard. Four of the 7 units have been renovated. Common area amenities include partial covered / garage parking and a laundry room. Unit amenities include air conditioning, forced air heating, stove, plenty of closet space, semi private balconies / patios, and in select units new flooring and counter tops. The building is accessible in the front of the property off Amigo Ave. and offers 10 parking spaces. Capital improvements include soft story retrofit completion, installation of a new water heater, electrical panel and garage doors. With many units at below market rents amidst a thriving rental market, 8449 Amigo Ave offers astute investors significant rental upside potential of roughly 24.63%. Debt options remain strong for those s
MLS #
CRSR21008828
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Cooling
Window/Wall Unit
Heating
Forced Air
Garage/Parking
Covered Parking, Garage, Parking Area, Garage: 10 Car(s)
8449 Amigo Ave is a Residential Income in Northridge, CA 91324. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1959.
This address can also be written as 8449 Amigo Ave, Northridge, CA 91324.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 03, 2023. For the most current information, please contact Raymond Rodriguez, (866) 582-7865