2 months on rocket

8649 Sunland Blvd Unit 5, Sun Valley, CA, 91352

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
1 Full Bath
897 SqFt
$333/SqFt
Condo

Location

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8649 Sunland Blvd Unit 5, Los Angeles$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1963
HeatingWall Furnace
FireplaceNone
ViewNone
MLS #24438721
Lot Size0.57 Acres
StatusActive

About 8649 Sunland Blvd Unit 5

Looking for the perfect investment or a sweet spot to call home? This prime 2-bed, 1-bath condo in the heart of the San Fernando Valley is just what you need! Whether you're an end-user or an investor looking to beef up your portfolio, this gem delivers with a solid 5.12% CAP rate. The first-floor unit features updated flooring, newer appliances, and unbeatable access to the 5 freeway, putting entertainment, dining, and shopping at your fingertips. It's part of a co-op, so be sure to ask about financing options. The current tenant, paying $2,150/month ($25,800 annually), is happy to stay but open to moving with proper notice. Don't miss out on this income-generating opportunity! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.74% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 0
  • Living Area: 897 SqFt

Listing Office:

  • Office Name: Rodeo Realty
  • Office Phone: (310) 724-7100
  • Listing Agent: Scott Goshorn

Interior Features

Interior Information:

  • Appliances: Electric Oven, Microwave, Refrigerator
  • Flooring Type: Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Corner of Sunland Blvd & Olinda Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $333/SqFt

HOA Fees:

  • Amount: $308
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

8649 Sunland Blvd Unit 5 vs Los Angeles

70 DAYS ON ROCKET

+32 Days

$299,000

-$724.4K Less

$333/SqFt

-$308 Less

KEY TAKEAWAY

This property is $724.4K less than the Median Sold Price and $308/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24438721

Listing Office:

  • Office Name: Rodeo Realty
  • Office Phone: (310) 724-7100
  • Listing Agent: Scott Goshorn

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,868

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-523295
5
/10

  • Fenton Charter Leadership Academy

  • 8926 Sunland Blvd

  • 0.30 miles

  • Public Charter Grades KG-6

school-card-donut-523296
6
/10

  • Fenton STEM Acad: Elementary Center for Science Tech Engr and Math

  • 8926 Sunland Blvd

  • 0.30 miles

  • Public Charter Grades KG-6

school-card-donut-523297
4
/10

  • Roscoe Elementary

  • 10765 Strathern St

  • 0.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,400. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8649 Sunland Blvd Unit 5

What is the listing price of this property?

The listing price of 8649 Sunland Blvd Unit 5 property is $299,000.

What type of property is this?

The property 8649 Sunland Blvd Unit 5 is a condo located in Sun Valley, California, 91352.

Is this property for sale now?

Active Listing: 8649 Sunland Blvd Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8649 Sunland Blvd Unit 5 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8649 Sunland Blvd Unit 5 is 897 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8649 Sunland Blvd Unit 5 is 1963.

Rocket Homes›California›Los Angeles County›Los Angeles›91352›8649 Sunland Blvd Unit 5

This home is located at 8649 Sunland Blvd Unit 5 in Sun Valley, CA and zip code 91352 in the The San Fernando Valley neighborhood. This 897 square foot home, which was built in 1963, sits on a 0.57 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $299,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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