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.