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10165 PINEWOOD AVENUE

TUJUNGA, CA 91042

PINEWOOD VIEW APARTMENTS

14 NON-RENT CONTROL UNITS

Call us! 626.204.3300

ABOUT THE ASSET

SUMMARY

Price: 

Price/Unit:

Price/SF

GRM

Cap Rate

Units

Year Built

Building SF

Lot SF

APN

PROPERTY DESCRIPTION
 

Built in 1987, the Pinewood View Apartments offers investors a rare opportunity to acquire a non-rent controlled, 14-unit apartment community in Tujunga.  The property is comprised of an ideal unit mix featuring (4) one-bedroom/one-bath units at an estimated 600 square feet, and (10) two bedroom/one-bath units at approximately 775 square feet. Seller has upgraded 50% of the units (see rent roll for details).  Individual units are outfitted with central air conditioning, dishwashers, fireplaces, and most feature stunning mountain views. Tenants additionally benefit from plentiful, secured parking comprised of individual enclosed garages with direct access to the building.

$3,475,000
$257,143
$352.11
13.61
4.78%
14
1987
10,224
10,428
2565-014-024

Actual GRM 14.12 - Market GRM 12.67

Actual Cap 4.46% - Market Cap 5.20%

Pinewood Apartments OM
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MORE INFO

PROPERTY LOCATION

CONTACT US FOR ADDITIONAL INFO.

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805