8938 Columbus Avenue
8938 Columbus Avenue
$2,940,000
20
12
9,480
9,480
$310
Sold 9/28/23
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Description
Please contact us for an OM Address: 8932 & 8938 Columbus Ave. Two 6-unit buildings on two separate lots in North Hills. APNs: 2654-032-007 | 2654-032-027. This asset offers agreat opportunity for steady cash flow and long-term equity. With a13.52 GRM, a 4.15% in-place Cap Rate, and 47% upside potential, this property has a lot to offer. The upgraded exterior and two already upgraded units make it move-in ready, while the potential to turn 8 units over four years for a 18% IRR makes it a smart long-term...Please contact us for an OM Address: 8932 & 8938 Columbus Ave. Two 6-unit buildings on two separate lots in North Hills. APNs: 2654-032-007 | 2654-032-027. This asset offers agreat opportunity for steady cash flow and long-term equity. With a13.52 GRM, a 4.15% in-place Cap Rate, and 47% upside potential, this property has a lot to offer. The upgraded exterior and two already upgraded units make it move-in ready, while the potential to turn 8 units over four years for a 18% IRR makes it a smart long-term investment.
- Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01854200 • KW Advisors
Property Details for 8938 Columbus Avenue
Zoning
LAR3
Parcel Number2654032007
Total Units12.0
Living Area9480
Source Living AreaAssessor
AreaNorth Hills (NOH)
Vacancy Rate1
Lot Size Area15914
Location
LISTING UPDATED: 09/29/2023 10:58 AM
Property Details for 8938 Columbus Avenue
Status | Sold |
---|---|
MLS # | 23-255451 |
Days on Market | 156 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1959 |
Lot Size | 0.37 AC / 15,914 SF |
County | Los Angeles County |
Location
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Building Information for 8938 Columbus Avenue
Stories2Residences-Year Built1959Building Size-Lot Size0.37 AC / 15,914 SF
Payment Calculator
$16,045 per month
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Property Information for 8938 Columbus Avenue
Property History for 8938 Columbus Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 8938 Columbus Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Plummer Elementary School PublicK to 6 | ||
Francisco Sepulveda Middle School Public6 to 8 | ||
Valley Academy Of Arts And Sciences Public9 to 12 | ||
Northridge Academy High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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