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  • 20234 Roscoe Boulevard

20234 Roscoe Boulevard, Winnetka, CA 91306

$4,750,000 Approx. USD 56 beds, 26 baths
24,176 sqft

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Ellyn Dembowski REALTORĀ® - Sales Associate 805-320-1206 m
805-477-4288 o
805-644-8278 f
Lic#: 01441424
NRDS ID: 211506635
team@teamdembowski.com
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805-644-8278 f
Lic#: 01441424
NRDS ID: 211506635
team@teamdembowski.com
Ventura Office
789 S. Victoria Ave., Suite 100
Ventura, CA 93003
Phone: 805-677-7300
Fax: 805-644-8278
Ventura 789 S. Victoria Ave., Suite 100
Ventura, CA 93003
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Listing Agent


Glen Scher | glen.scher@marcusmillichap.com
Lic#: 01962976
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2808

Co Listing Agent


Filip Niculete | info@laaa.com
Lic#: 01905352
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2763

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25563695
List price is $4,750,000 Reduced by $240,000 on 8/12/2025
Price: $4,750,000
Beds: 56
Baths: 26
Built in 1964
24,176 sqft
2 stories
0.72 acres
Lot size: 0.7193
County: Los Angeles
Zoning: LAR3
Appliances: Refrigerator
Parking description: Assigned,Carport,Gated
Heating description: Wall Furnace
MLS area: WIN - Winnetka

Last Updated: 6/12/2026

 Days On Market (DOM): 77

 Find more Winnetka homes and real estate

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This listing belongs to the WIN - Winnetka MLS area

Lat/Long: 34.219650, -118.574409.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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