The subject property represents a tremendous value-add upside opportunity through improved management, system replacements, and cosmetic rehab. Part of a two building portfolio, The Zinc Apartments was built in 1963 and consists of 58 large one and two bedroom units. There is one non-conforming studio unit that is currently not being leased. The property is separately metered for both gas and electricity and features 62 covered parking spaces. Unit amenities include ample closet space, storage, balconies & patios, A/C and wall heat.
The subject property is located in the Winnetka sub-market of Canoga Park and is situated between De Soto and Canoga Avenue. Strong surrounding demographics and close proximity to the Warner Business Center, give the Winnetka sub-market consistently low vacancy and superior rents as compared to the neighboring San Fernando Valley markets.
Updated on March 6, 2017 at 12:40 pm
THE ZINC APARTMENTS - 21215 Saticoy St.
