$6,395,000
Rare opportunity to acquire 7442 & 7450 VINELAND AVE, Sun Valley, CA 91352, a well located 33-unit multifamily property consisting of two adjacent buildings in the heart of Sun Valley. The property features a highly desirable and uncommon large unit mix, including 4-bedroom and 3-bedroom units, catering to family renters and long-term tenancy demand. The asset has benefited from recent capital improvements, including a new roof, new boiler, and copper plumbing throughout, reducing near-term maintenance concerns. Residents enjoy ample onsite parking with 33 spaces, a valuable amenity in this submarket. Centrally located in the eastern San Fernando Valley, the property offers excellent access to major transportation corridors, including the I5, 170, and 210 freeways, and is approximately one mile from Hollywood Burbank Airport and close to the Sun Valley Metrolink Station. The surrounding area is supported by strong employment drivers in aviation, logistics, entertainment, and industrial sectors. Sun Valley remains a supply constrained rental market with limited new multifamily development, making well positioned assets like this particularly attractive. The property is proximate to Burbank, North Hollywood, Valley Glen, and the NoHo Arts District, offering tenants convenient access to employment centers, retail, dining, and cultural amenities.
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Listed by Tony Azzi with Tony Azzi (310) 909-5454
Property Type
Residential Income
Status
Active
MLS Number
26663681
Year Built
1964
Lot Size
0.94 acres