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$ 2,495,000
Est. payment | /mo
12 Beds
6,200 SqFt
$ 2,495,000
Est. payment | /mo
12 Beds
6,200 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $402
MLS Listing ID CL26833797
Bedrooms 12
HOA Y/N No
Year Built 2023
Lot Size 5,002 Sqft
Acres 0.11
Property Sub-Type OTHER
Property Description
Repriced. Reintroduced. Ready. 21721 Hart St is a 2023-built, four-unit apartment building delivering over 6,000 square feet of institutional-quality multifamily in the heart of the West Valley, now offered with a $100,000 price improvement that sharpens the entry on one of the most operationally clean assets in the submarket. Built to current code, equipped with rooftop solar and individually metered utilities, and finished with open floor plans, oversized windows, and private balconies, the property pairs new-construction economics with minimal deferred maintenance, low operating drag, modern systems through their useful-life runway, with an infill location that institutional capital has been quietly accumulating for three years. A projected 5.3% stabilized cap rate sits well above what most newer-construction product is trading for in the immediate area. Positioned minutes from Rams Village, Westfield Topanga, the Calabasas border, and the 101 corridor, 21721 Hart St offers durable rental demand from one of LA's strongest tenant pools and the kind of long-term locational tailwind that doesn't show up in a trailing T-12. At the new price, the math finally meets the location.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 2138004010

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Listed by Armin Soleimani • Global Platinum Properties, Inc.
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Patrick Nagel
REALTOR® | Lic# 1760790






