The Jeanice Rose

Kidder Mathews is pleased to present the opportunity to acquire The Jeanice Rose, located at 8520 Sunland Boulevard in prime Sun Valley, CA. This offering provides an investor the rare ability to secure near-complete control of a well-located co-op property. The asset consists of 18 co-op units out of 20 total units, representing 90% ownership and positioning an investor as the dominant stakeholder within the HOA. This level of control allows for streamlined decision-making, decisive operational oversight, and coordinated execution of capital improvements. Built in 1960, The Jeanice Rose features a highly desirable mix of one- and two-bedroom units arranged in a traditional courtyard setting, along with assigned gated parking and on-site laundry facilities. The functional layout, secure access, and tenant-oriented amenities contribute to consistent occupancy and operational efficiency. The asset presents a compelling value-add opportunity with meaningful upside potential. While the units have been maintained, many offer renovation upside that can be unlocked through strategic interior upgrades and thoughtful asset management. In-place rents, including competitive Section 8 tenancies, provide dependable income. The current rent profile delivers stable cash flow while allowing ownership to thoughtfully reposition select units over time as natural turnover and improvement opportunities arise. The homeowners association covers water and trash expenses, while tenants are responsible for gas and electricity, creating a favorable and efficient expense structure. Additionally, the property is located within a Qualified Opportunity Zone, offering potential tax advantages to eligible investors.* Ideally positioned in an accessible and walkable pocket of Sun Valley, tenants benefit from proximity to local markets, shopping centers, restaurants, and outdoor amenities including Verdugo Mountain Park and La Tuna Canyon Park. The property is located less than one mile from Interstate 5 with convenient access to the 170 Freeway, providing connectivity to major employment hubs throughout the region. Nearby demand drivers include Hollywood Burbank Airport and major employers such as The Walt Disney Company and Warner Bros. With continued rental demand and strong regional fundamentals, The Jeanice Rose presents a compelling opportunity to acquire a well-located asset offering stable in-place income and clear strategic upside. Investors may continue operating the property as a rental investment or pursue a strategy of selling units individually. The Jeanice Rose of fers near-complete operational control, durable cash flow, and long-term strategic flexibility within a strengthening San Fernando Valley rental market.