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1 - 12871 San Fernando Road

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2 - 12871 San Fernando Road

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16 - 12871 San Fernando Road

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1 - 12871 San Fernando Road
1 - 12871 San Fernando Road

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12871 San Fernando Road

Sylmar, CA 91342

SOLD
Property Summary

Price:

Cap Rate:

GRM:

Gross Sq Ft:

Lot Size:

Approx Year Built:

Units:

Price Per Unit:

Price Per Sq Ft:

$4,820,000

5.25%

12.64

17,362

11,273

2016

18

$267,778

$278

Deal Highlights
  • Set Record for New Construction Sold in Sylmar

  • Multiple Offers

  • All Cash Buyer & Quick Close

Asset Highlights
  • Excellent Unit Mix and Onsite Gated Parking

  • *RUBS - Tenants Pay for Water, Sewer, Gas, & Electric

  • Gourmet Kitchen with Stainless Steel Energy Star Appliances

  • Central Air and Heating / Individual Washer/Dryer Per Unit

  • Quartz Stone Countertops and Bars

  • Large Rooftop Lounge, State of the Art Fitness Center

  • Dense Rental Pocket of Sylmar

  • Located Near Many Employers, Eateries, and Metrolink

Property Description

The Frydman Group is pleased to present a unique opportunity to acquire the Moderno Apartments. The apartment unit apartment was constructed in 2016, totaling 17,362-square foot building on a .26 acre lot.

 

The unit mix comprises of nine one-bedroom/one bathroom units, eight two-bedroom/two bathroom units, and one three-bedroom/two bathroom units. Apartment units features includes: Individual washer & dryers; Individual tankless water heater; Gourmet kitchen with stainless steel Energy Star appliances; Formal dining areas*; Exquisite Quartz Stone counter-tops and bars; Beautiful Calcutta back-splash and tub/shower tile; Custom top of the line finish cabinetry; Breakfast bar*; Walk-in closets*; Mirrored closet doors; Hardwood style vinyl plank flooring; Private patio/balcony*; Sweeping mountain, city, or courtyard views*; Central air conditioning & heating; Designer fixtures & Hardware; Cable & Satellite ready; Pet friendly*; Penthouse with private deck access available*.

The building common area amenities includes: State of the art fitness center with flat screen TV; Business center with free internet access; Private Dog park; Dog & Cat friendly; Covered bicycle storage; Large rooftop lounge with breathtaking city & mountain views; Trash chute on each floor; Elevator; Controlled access private parking; 24/7 emergency maintenance services; Non-smoking apartment community.

 

The Moderno Apartments location provides access to the I-210, I-5, I-405, and the State Highway 118. The convenient access to these major freeways enables residents to quickly and easily access prominent employment hubs including Valencia/Santa Clarita/Newhall, northern and western areas of the San Fernando Valley, Simi Valley, and the Tri-Cities.

Additionally, the nearby Sylmar/San Fernando Metrolink station offers public transportation running between Lancaster (90 minutes) to the north and downtown Los Angeles (40 minutes) to the south. - *in select units.