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    11035 Osborne Street

    Sylmar, CA 91342
    • $4,829,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: SR20215446
    UPDATED: 80 min ago
    $4,829,000
    • 0
      BEDS
    • 9.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,240
      SQFT
    • $667
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Description

    Monte Verde Ranch (MVR) is one of the finest Equestrian centers in the nation. It is home to the national award-winning California Polo Club (CPC). The ranch is at the foothills of the San Gabriel Mountains range and less than +-+ hour from the Los Angeles metropolis. Easy access to Foothill Interstate 210 Freeway and Interstate 5. The CPC sports a regulation-size arena with wooden sideboards and 10-foot fencing that+GGs a rare fine for the budding Olympians. MVR is a prime equestrian facility that has been in continuous operation for over +-+ century. The ranch operation includes a riding academy, hay barn and multiple training facilities. There is a range of stalls and services for the most meticulous horse lover. This trophy property is 9+acres comprised of several contiguous irregular-shaped parcels. A natural mountain stream flows next to a world-renowned CPC Polo arena that sports national Polo competition events. One of a few Polo grounds in Southern California, Monte Verde Ranch and the California Polo Club is rated one of the best in the U.S.A. MRV business opportunity is an extraordinarily high value asset producing a 6.4% yield while presenting a unique and powerful appeal to horse lovers across the globe. It+GGs a money-making commercial boarding business that can support 200 horses. There's opportunity to increase your return on investment by offering enhance veterinarian, blacksmith, private tack rooms and other horse pampering services.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T22:26:40.533. 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 deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/110943457
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    11035 Osborne Street Sylmar, CA 91342

    • Price: $4,829,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: SR20215446
    0
    Beds
    0
    Baths
    0
    ½ Baths
    9.27
    Acres
    7,240
    SQFT
    $667
    $/SQFT
    1977
    Built
    Neighborhood:
    SYL - Sylmar
    County:
    Los Angeles
    Area:
    SYL - Sylmar
    Property Description
    Monte Verde Ranch (MVR) is one of the finest Equestrian centers in the nation. It is home to the national award-winning California Polo Club (CPC). The ranch is at the foothills of the San Gabriel Mountains range and less than +-+ hour from the Los Angeles metropolis. Easy access to Foothill Interstate 210 Freeway and Interstate 5. The CPC sports a regulation-size arena with wooden sideboards and 10-foot fencing that+GGs a rare fine for the budding Olympians. MVR is a prime equestrian facility that has been in continuous operation for over +-+ century. The ranch operation includes a riding academy, hay barn and multiple training facilities. There is a range of stalls and services for the most meticulous horse lover. This trophy property is 9+acres comprised of several contiguous irregular-shaped parcels. A natural mountain stream flows next to a world-renowned CPC Polo arena that sports national Polo competition events. One of a few Polo grounds in Southern California, Monte Verde Ranch and the California Polo Club is rated one of the best in the U.S.A. MRV business opportunity is an extraordinarily high value asset producing a 6.4% yield while presenting a unique and powerful appeal to horse lovers across the globe. It+GGs a money-making commercial boarding business that can support 200 horses. There's opportunity to increase your return on investment by offering enhance veterinarian, blacksmith, private tack rooms and other horse pampering services.
    Exterior Features

    Construction Materials Wood Siding Fence YN Yes Fencing Cross FencedFair ConditionLivestockWood Lot Features 2-5 Units/AcreAgricultural - OtherGentle SlopingHorse Property ImprovedHorse Property UnimprovedIrregular LotNear Public TransitPark NearbyPastureRanch Lot Size Source Assessor Lot Size Units Square Feet Parking Total 40.00 Topography Flat & Gentle Slope Uncovered Spaces 40.00

    Interior Features

    Condo Area Units Square Feet Laundry Features None Office Class C Office Square Footage 300

    Property Features

    Accounting Type Actual Additional Parcels Description 25290280082529028009 Additional Parcels YN Yes Advertising Expense 2250.00 Asset Class Farm/Ranch Builder Name Monte Verde Ranch-California Polo Club Building Area Units Square Feet Building Name Monte Verde Ranch Building Status Existing Business Type AgricultureFarmRanch Cap Rate 6.40 Country Us Current Financing ConventionalPrivate Effective Gross 742785 Electric Expense 20320.00 Expense Year 2019 Gross Scheduled Income 670500.00 Insurance Expense 63600.00 Investment Property YN Yes Land Lease YN No Land Use Other Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Legal Accounting Expense 3470.00 Lot Dimensions Source Assessor Maintenance Expense 42800.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 310160.00 Occupancy Occupied Operating Expense 432625.00 Other Expense 73400.00 Other Income1 87485.00 Personal Property Amount 225600 Property Sub Type Ranch Security Features Gated With Attendant Special Listing Conditions Standard Supplies Expense 105600.00 Tax Annual Amount 47368.00 Tax Year 2019 Total Expenses 432625.00 Trash Expense 46300.00 Vacancy Allowance 15200 Vacancy Allowance Rate 2.00 Water Sewer Expense 27100.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Mel Wilson of Mel Wilson & Associates - Realtors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T22:26:40.533. 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 deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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