Winnetka, CA 91306,20234 Roscoe Blvd
Winnetka, CA 91306,20234 Roscoe Blvd
Winnetka, CA 91306,20234 Roscoe Blvd
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$4,750,000
Est. payment /mo
56 Beds
26 Baths
24,176 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,176 sqft

Price per Sqft $196

MLS Listing ID 25563695

Bedrooms 56

Year Built 1964

Lot Size 0.719 Acres

Acres 0.7193

Property Sub-Type Multi-Family

Property Description

25-unit fee simple LIHTC multifamily asset in Winnetka. Built in 1964 and placed in service in 1997 under the 9% LIHTC program. The property is governed by a 30-year regulatory agreement set to expire in July 2027, after which all income and rent restrictions are eligible to sunset. Subject to Los Angeles Rent Stabilization Ordinance (RSO). Current unit mix includes 4x1BR, 13x2BR, 7x3BR, and 1x4BR. As of July 2025, 42% of units are leased to Section 8 voucher holders. Asset includes 29 gated parking spaces, an on-site laundry facility with five washers and four dryers, and AT&T fiber infrastructure. Ground-floor leasing office and rec room present ADU conversion potential post-expiration. Property has undergone significant upgrades including 10 renovated units, 2023 certified seismic retrofit, and full water repipe in 1999. Offered with an assumable $2.62M Fannie Mae loan at 2.98% fixed interest, interest-only through 2030. Strategically located near Pierce College, Metro G Line, and major corridors including Reseda and Topanga Boulevards. Proximity to Warner Center, CSUN, and employment centers supports long-term tenant demand.

Location

State CA

County Los Angeles

Area Winnetka

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Carport, Assigned, Gated

Garage Spaces 29.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Marcus & Millichap

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agent

John Matukas

+1(323) 377-4961

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