CA > Mission Hills (san Fernando)
Mission Hills (san Fernando), CA 91345,9929 Sepulveda Boulevard
Mission Hills (san Fernando), CA 91345,9929 Sepulveda Boulevard
Mission Hills (san Fernando), CA 91345,9929 Sepulveda Boulevard
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$5,100,000
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4 Beds
5 Baths
New

9929 Sepulveda Boulevard Mission Hills (san Fernando), CA 91345

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25197131

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Motivated market Seller! Bring all offers. Mission Hills (SVF) multifamily opportunity built in 1979, not subject to LA City Rent Control (AB 1482 cap currently 8%). The property offers a desirable unit mix of 8 singles, 7 one-bed/one-baths, 5 two-bed/two-baths, and 3 unique two-story townhome-style units, supported by 41 parking spaces, completed soft-story retrofit, and separate utility meters. Strong financial performance with a proven track record of rent growth, tenant retention, and consistently high occupancy. Offered at a true 5.73% cap rate, the property delivers stable in-place income, low turnover, and additional upside through continued rent growth and potential ADU development. With no units significantly below market and conservative yet realistic pro forma assumptions, investors gain both immediate income security and clear long-term growth potential. The propertys Mission Hills location benefits from limited multifamily inventory (as opposed to Van Nuys or NoHo), resulting in less direct rental competition within the immediate area. Located on Sepulveda Boulevardone of the Valleys premier rental corridors, the property offers excellent connectivity to the 405, 118, and 5 Freeways, with proximity to Providence Holy Cross Medical Center, CSUN, and major retail hubs.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Located just north of Sepulveda Blvd. & Lassen St.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2660009029

MLS Router / San Diego MLS
Listed by Matthew Sillaman West Shores Realty, Inc.

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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9929 Sepulveda Boulevard

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