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20234 Roscoe Boulevard, Winnetka, CA 91306

Winnetka
Local realty services provided by:CENTURY 21 Cornerstone
20234 Roscoe Boulevard,Winnetka, CA 91306
$4,750,000
  • 56 Beds
  • 26 Baths
  • 24,176 sq. ft.
  • Multi-family
  • Pending
Listed by: glen scher, filip niculete
Office: marcus & millichap818-212-2700
MLS#:25563695
Source:CRMLS

Price summary

  • Price:$4,750,000
  • Price per sq. ft.:$196.48

About this home

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...

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Home facts

  • Year built:1964
  • Listing ID #:25563695
  • Added:287 day(s) ago
  • Updated:April 24, 2026 at 07:33 AM

Rooms and interior

  • Bedrooms:56
  • Total bathrooms:26
  • Kitchen Description:Refrigerator
  • Living area:24,176 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1964
  • Building area:24,176 sq. ft.
  • Lot area:0.72 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$4,750,000
  • Price per sq. ft.:$196.48

Parking

  • Total parking spaces:29
  • Parking description:Assigned, Carport, Gated
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