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Jim, Justin and Vickie, Sales Associate
SOLD
$2,940,000
Date 09/28/2023

8932 Columbus Avenue
North Hills, CA 91343

Other
Residence
20
Beds
12
Baths
9,480
Sqft
0.3653
Lot Size
Listing Agent: Kelly Morgan CalDRE: 01898026 - KW Advisors

Description for 8932 Columbus Avenue North Hills, CA 91343

***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 a13.23 GRM, a 4.3% in-place Cap Rate, and 45% 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 19% IRR makes it a smart long-term investment.

Property Details

23255425
Other, 2 Story
20
Los Angeles
12
1959
0.3653 Acres
2
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Listing Agent: Kelly Morgan CalDRE: 01898026 - KW Advisors
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Jim, Justin and Vickie Dean Stalter, Broker DRE# 00625377 - 30221 Golden Lantern Ste. A-B, Laguna Niguel, CA 92677 | Phone: (949) 464-8136 | Email: [email protected]

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