8649 Sunland Blvd

Kidder Mathews is pleased to present the opportunity to acquire The O’Linda, a well-positioned cooperative asset located at 8649 Sunland Blvd in the highly desirable Sun Valley submarket of the San Fernando Valley. The offering consists of 17 co-op units out of 24 total units, representing approximately 70.83% ownership of the community. This majority stake provides meaningful governance influence and operational control within the HOA structure. The asset represents a compelling value-add opportunity with significant upside potential, allowing an investor to implement a strategic renovation program, enhance operational efficiencies, and reposition rents to capture meaningful revenue growth over time. Constructed in 1963, The O’Linda is a two-story courtyard-style property featuring primarily spacious two-bedroom floor plans. The asset includes assigned gated parking and on-site laundry facilities, offering functional amenities that support tenant retention and operational stability. The property is currently achieving strong in-place rental performance, including competitive Section 8 tenancies, while preserving flexibility to transition units toward market-rate positioning. Sun Valley continues to benefit from strong regional connectivity, with direct access to Interstate 5 and the 170 Freeway, providing convenient access to Burbank, North Hollywood, and major employment anchors such as Warner Bros., The Walt Disney Company, and surrounding production studios. Relative affordability compared to adjacent submarkets further supports durable occupancy fundamentals. The O’Linda presents a rare opportunity to acquire majority control in a supply-cons trained San Fernando Valley submarket, combining stable cash flow with scalable upside and long-term value creation potential.