Excellent investment opportunity! This 2 bedroom, 2 bathroom ground-floor condo is leased to a reliable long-term tenant. With a Gross Yield of approximately 6.5%, this property delivers immediate and steady rental income from day one. The unit features a spacious open floor plan filled with natural light, a welcoming living and dining area, a primary suite with walk-in closet and en-suite bath, and a private patio perfect for outdoor living. Central A/C and heat provide year-round comfort, and the single-level layout offers convenience for tenants. Community Amenities include a swimming pool, clubhouse with BBQ area, secure gated entry, and landscaped grounds. Prime Location with easy access to the 101 Freeway, Ventura Blvd. shops and dining, and Tarzana Medical Center. A turn-key rental with an excellent tenant in place, this property is ideal for investors seeking stable cash flow and long-term value in Tarzana
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathrooms On Main Level: 2
- Bathroom 1 Features: Shower in Tub
Interior Features
- Unfurnished
- Flooring: Laminate, Tile
Appliances
- Kitchen Appliances: Dishwasher, Gas Range, Microwave
- Appliances YN: Yes
- Laundry Features: Community
Other Rooms
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Features: Granite Counters
Pool and Spa
- Pool Features: Association, Community
Garage and Parking
- Carport Spaces: 1
- Parking Features: Parking YN: Yes, Parking Features: Assigned, Covered, Gated
- Parking Total: 1
Exterior and Lot Features
- Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Patio
- Road Frontage Type: City Street
- Road Surface Type: Paved
Land Info
- Lot Size Acres: 5.01
- Lot Size Source: Assessor
- Lot Size Square Feet: 218236
Homeowners Association
- Association: Yes
- Association Amenities: Pool, Pet Rules
- Association Fee: 472
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 472
Multi-Unit Info
School Information
- School District: Los Angeles Unified
Amenities and Community Features
- Community Features: Curbs
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: South side of Hatteras St, between Reseda Blvd and Yolanda Ave.
- Source Property Type: Residential
- Area: TAR - Tarzana
- Property Subtype: condo
- Source Neighborhood: TAR - Tarzana
- Parcel Number: 2156029064
- Zoning: LAR3
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 910
- Year Built: 1970
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: Ground
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Property Age: 55
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 2
- Structure Type: Multi Family
- Elevation Units: Feet
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Electricity Available
- Natural Gas Available
- Sewer Connected
- Water Connected
- Water Source: Public
