Tarzana, CA 91356,18655 Clark ST
Tarzana, CA 91356,18655 Clark ST
Tarzana, CA 91356,18655 Clark ST
$4,950,000
Est. payment /mo
$4,100,000
20.7%
Est.Price: ?

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0.4 Acres Lot
SOLD DATE : 12/29/2021

Key Details

Sold Price $4,950,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR21220629

Sold Date 12/29/21

HOA Y/N No

Year Built 1964

Lot Size 0.398 Acres

Lot Dimensions Assessor

Property Description

We are pleased to exclusively offer for sale for the first time in 57 years. This gated 22 Units property totals 15,590 square feet on a 17,340 square foot street to street rectangular R3 zoned lot. Great Investor’s choice to add a 22 units apartment building in an excellent location to their portfolio.
The subject property is located one block from Ventura Blvd, surrounded by the Whole Foods market as well as many other supermarkets. Attractive Unit-Mix with Eight Single unit, Eight 1+1, Four 2+1 and Two 2+2. The subject property has some deferred maintenance and the Soft Story needs to be retrofitted. The property was built in 1964 with on-site laundry. Street to street, Clark St and Burbank Blvd. One unit will be delivered vacant.
You may download the detailed income, expense and rent roll from the MLS Supplements. Offer deadline is Tuesday October 12th.

Location

State CA

County Los Angeles

Area Tar - Tarzana

Zoning R3

Interior

Heating Radiant

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 25

Fence Masonry

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Connected

Roof Type See Remarks

Total Parking Spaces 30

Building

Lot Description 36-40 Units/Acre

Story 2

Water Public

Others

Tax ID 2160005003

Security Features Security Gate

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nader Naderi • Berkshire Hathaway HomeServices California Properties
Bought with Josh Trifunovic • Josh Trifunovic

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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