Address
20234 Roscoe Boulevard, Winnetka, CA
Price
$ 4,750,000
Property Attributes
- MLS#25563695
- TypeSingle Family
- Listing Status Pending
- CountyLos Angeles
- CityWinnetka
- Area Winnetka
- Zip91306
- Style
- Year Built1964
- Price$ 4,750,000
- Bedrooms56
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage24176
- Lot Size0.7193 Acres
Data Source:
California Regional MLS (CRMLS)
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.
| Price History | |
|---|---|
| 1/27/2026 | Listed $4,750,000 |
General Features
| Living Area | 24176 |
|---|---|
| Heating | WallFurnace |
| Appliances | Refrigerator |
| Zoning | LAR3 |
| Year Built | 1964 |
| Stories Count | 2 |
| Levels | Two |
| Gross Income | 467579 |
| County | Los Angeles |
| Net Operating Income | 261897 |
| New Construction | false |
| Property Type | ResidentialIncome |
| HOA | false |
| Special Listing Conditions | Standard |
| Status | Pending |
| Directions | Roscoe & Winnetka |
| City | Winnetka |
| Senior Community Y/N | false |
| Number Of Units Total | 25 |
| MLS Area | WIN - Winnetka |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 31333 |
| Carport Y/N | true |
| Standard Status | Pending |
| Cap Rate | 5.51 |
| PostalCity | WINNETKA |
Interior Features
| Total Stories | 2 |
|---|---|
| Heating Y/N | true |
| Total Bedrooms | 56 |
| Total Baths | 26 |
Exterior Features
| Parking Features | Assigned,Carport,Gated |
|---|---|
| Total Parking | 29 |
| Lot Size Area | 31333 |
| Number of Buildings | 1 |
| Building Area Total | 24176 |
| Lot Size Acres | 0.7193 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 91306
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 13, 2026 1:57 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
