Property Details
About this Property
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 property’s 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 Boulevard—one of the Valley’s 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 ret
MLS Listing Information
MLS #
CRSB25197131
MLS Source
California Regional MLS
Days on Site
94
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 41 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
9929 Sepulveda Bld is a Residential Income in –, CA 91345. This – square foot property sits on a 18,805 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,100,000 and was built in 1979. This address can also be written as 9929 Sepulveda Bld, –, CA 91345.
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This listing information is up-to-date as of September 02, 2025. For the most current information, please contact Matthew Sillaman
