Mixed Use Owner-User / Investment Opportunity Prime Van Nuys Location - Sherman Oaks Adjacent Multi-Family & Commercial Structure Complex Situated on a Large Fenced & Secured Parcel Building A: Two Tenant commercial building. Unit A: 1,326 SF portion (currently vacant); Unit B: 408 SF portion; Leased through December 31, 2024The building features: Well designed and flexible designs; Ample power;Excellent visibility along Oxnard Street; Front glass windows (currently covered); Potential building & pylon signage; Fenced and secured parking. Building B: Multi-Family Residential Tri-Plex + 1 non-conforming unit The building features: fully renovated & fully furnished with appliance; New flooring & two new tankless water heaters; Tri-Plex is leased through Air B&B Short term basis tenants; non-conforming unit is leased to an office with storage space; Rear covered storage area (occupied by the non-conforming unit tenant).The property is located in a prime Van Nuys location / Sherman Oaks adjacent. Excellent demographics and walk score. High traffic counts 32,300 CPD via Oxnard Street. Close proximity to local amenities, restaurants, Van Nuys Courthouse, public transportation, Orange Line Station, Hotels, Van Nuys Airport, Sherman Oaks Fashion Square Mall, schools, daycare and fitness centers. Minutes from 405 and 101 freeway onramps.
GREAT OPPORTUNITY on this Pride of ownership 5 unit Condo Style Gated Apartment Building built in 1991. Located in the heart of Van Nuys near City Hall and walking distance to public transportation. 4 of the units are 2 bedrooms plus 1.5 baths. 1 unit is 3 bedrooms and 1.5 baths. Each tenant has 2 parking spaces with a remote controlled security gate. Minimum amount of tenants living in the building. There is a common laundry room. Machines are leased. This updated and well maintained building has a newer roof, newer hot water heater, newer sewer line and all newer building plumbing. Exterior was recently painted. Each unit has Central A/C & Heat. All unit's ductwork was recently cleaned. Some of the units have updated laminate flooring with granite countertops. Bedrooms are located upstairs with a full bath and downstairs is the living room with a dining area, kitchen and 1/2 bath. Lots of upside on this opportunity providing for a solid long term investment with immediate added value. Its prime location near public amenities, transportation and shopping adds to its desirability for tenants, ensuring consistent occupancy rates. With additional room for rental increases, this property presents a unique opportunity for investors seeking stable returns and long term appreciation.
Explore this stunning TRIPLEX nestled in the best area of Valley Glen. Total 3,672 sf of living space on a 14,718 lot size. Each unit offers its own charm, featuring a family room, dining area, high ceilings, recessed lighting, laminate floorings, laundry facilities. The 4 bedrooms 2 baths remodeled main house and 2 new ADU's is one of the few new constructions' properties that will be delivered fully rented!! Avoid the stress of buying an income property and leasing up all the units yourself..... Instead, inherit a smoothly running ultra-high rent property with great tenants! 6118 Ethel Ave. is made up 4 bedrooms 2 bathrooms features unbeatable floorplan with large, tenant friendly kitchen and living room but not limited to quality modern cabinets, Islands, high ceilings. 2 ADU'S (Accessory Dwelling Unit) offers 3 bedrooms 3 bathrooms within 1200 sqft., With Its Own private entrance and spacious backyard, all bedrooms have its own full bath, providing unapparelled flexibility for savvy investor seeking rental income or multi-generational living solution. The end unit is 6120 Ethel Ave. Don't miss out on this exceptional opportunity to acquire investment property with endless potential. Schedule your showing today and unlock the full value of this remarkable asset.
Explore this stunning TRIPLEX nestled in the best area of Valley Glen. Total 3,672 sf of living space on a 17,058 lot size. Each unit offers its own charm, featuring a family room, dining area, high ceilings, recessed lighting, laminate floorings, laundry facilities. The 4 bedrooms 2 baths remodeled main house and 2 new ADU's is one of the few new constructions' properties that will be delivered fully rented!! Avoid the stress of buying an income property and leasing up all the units yourself..... Instead, inherit a smoothly running ultra-high rent property with great tenants! 6118 Ethel Ave. is made up 4 bedrooms 2 bathrooms features unbeatable floorplan with large, tenant friendly kitchen and living room but not limited to quality modern cabinets, Islands, high ceilings. 2 ADU'S (Accessory Dwelling Unit) offers 3 bedrooms 3 bathrooms within 1200 sqft., With Its Own private entrance and spacious backyard, all bedrooms have its own full bath, providing unapparelled flexibility for savvy investor seeking rental income or multi-generational living solution. The end unit is 6120 Ethel Ave. Don't miss out on this exceptional opportunity to acquire investment property with endless potential. Schedule your showing today and unlock the full value of this remarkable asse
Prime Investment Opportunity in Van Nuys! This highly desirable multi-residential property boasts a consistently high occupancy rate, with units rarely vacant. Offering a total of 8 units, the building includes seven spacious 2-bedroom, 1-bathroom apartments, along with a unique 3-bedroom, 2-bathroom unit. Recent improvements add tremendous value: the roof was installed in 2023, plumbing upgrades have been made throughout, and the building has been earthquake retrofitted for added peace of mind. Seize the chance to own in one of Van Nuys' most sought-after locations—an investment gem you won’t want to miss!
This Is a Money Maker! Fully Rented 6-Unit Apartment Building. Discover a prime investment in this well-maintained two-story, six-unit apartment building, generating impressive monthly income of $13,000. The garage is kept for owner storage and could be rented for even more income. With the potential to increase revenue by several thousand more through assistance programs, this property is a lucrative opportunity for any investor. The building features: Unit Composition:1 spacious 3-bedroom, 2-bath apartment2 comfortable 2-bedroom, 1-bath apartments3 cozy 1-bedroom, 1-bath apartments. Each unit is adorned with elegant hardwood or bamboo flooring, creating a warm and inviting atmosphere. The property includes a lovely, enclosed courtyard, perfect for relaxation and community enjoyment. Additional highlights: Parking: Four dedicated carport spaces, with one assigned to each apartment, plus a two-car garage currently utilized for storage by the owner. Location: Centrally situated near the 405 and 101 freeways, just blocks from Los Angeles Valley College, ensuring high demand and easy access for tenants. This property not only offers solid cash flow but also presents opportunities for increased income through strategic enhancements. Don't miss your chance to invest in this exceptional asset!
Welcome to your dream investment! These spectacular 2023 new construction buildings at 5653 & 5655 Hazeltine offer the perfect blend of luxury and income potential. Located in the highly sought-after Sherman Oaks area, each unit boasts over 2,500 sqft of modern living space with breathtaking views from expansive rooftop decks! Step inside and be captivated by the elegant hardwood floors and top-of-the-line upgrades. The spacious kitchens feature stunning quartz countertops, stylish tiled backsplashes, and sleek stainless steel appliances perfect for culinary adventures or entertaining guests. With tankless water heaters, in-unit laundry, and a 2-car side-by-side garage with direct access, these units redefine convenience and comfort. But that's not all! You're just 5 minutes away from Ventura Boulevard, home to trendy restaurants like Taisho, The Blvd, and Le Petit Trois. Plus, with easy access to freeways and shopping centers, everything you need is right at your fingertips!Don't miss out on this incredible opportunity to own one or both of these luxurious units! Priced at $2,999,000 each or $5,980,000 together, this is more than just a property it's a chance to secure passive income in one of Los Angeles' most desirable neighborhoods. Seize this opportunity and make these stunning homes yours today!
Welcome to your dream investment! These spectacular 2023 new construction buildings at 5653 & 5655 Hazeltine offer the perfect blend of luxury and income potential. Located in the highly sought-after Sherman Oaks area, each unit boasts over 2,500 sqft of modern living space with breathtaking views from expansive rooftop decks! Step inside and be captivated by the elegant hardwood floors and top-of-the-line upgrades. The spacious kitchens feature stunning quartz countertops, stylish tiled backsplashes, and sleek stainless steel appliances perfect for culinary adventures or entertaining guests. With tankless water heaters, in-unit laundry, and a 2-car side-by-side garage with direct access, these units redefine convenience and comfort. But that's not all! You're just 5 minutes away from Ventura Boulevard, home to trendy restaurants like Taisho, The Blvd, and Le Petit Trois. Plus, with easy access to freeways and shopping centers, everything you need is right at your fingertips!Don't miss out on this incredible opportunity to own one or both of these luxurious units! Priced at $2,999,000 each or $5,980,000 together, this is more than just a property it's a chance to secure passive income in one of Los Angeles' most desirable neighborhoods. Seize this opportunity and make these stunning homes yours today!
Onward Capital as an exclusive broker is pleased to present a brand-new 4-unit complex (2 Duplex's) for sale. This 4-unit property features 2-detached buildings, all 3-story on grade with elevating rooftop views overlooking all of Los Angeles. The property includes (3) 4 bed, 4.5 bath units, (1) 3 bed, 3.5 bath units. 5545 Calhoun is a NON-RENT CONTOLLED and SPACIOUS 4-unit tri level townhome complex. Finishes in the unit are top of the line including high ceilings, walk in closets, designer kitchens, en-suite bathrooms and huge rooftop decks. A++ SHERMAN OAKS LOCATION. DELIVERED 100% LEASED AT A TRUE 5.58% CAP. 7 PARKING SPOTS TOTAL, 1 PRIVATE GARAGE AND 3 CARPORTS!LARGE ROOFTOP DECKS OVERLOOKING LOS ANGELES. ALL UNITED SEPERATLEY METERED FOR GAS, ELECTRIC, AND WATER. PERFECT OWNER OCCUPIED OPPORTUNITY!
Discover an exceptional investment opportunity with this multi-unit property in the heart of Van Nuys, featuring 5 units within a 2,383 sq ft building on a spacious 6,748 sq ft lot. Nestled in a vibrant neighborhood, this property is just moments away from local parks, shops, and dining options, offering tenants a convenient and enjoyable lifestyle. With a strong rental market and easy access to public transportation and major freeways, this property is ideal for investors looking to maximize their return or for those wanting to live in one unit while renting out the others. Don't miss your chance to capitalize on this prime location! One Unit is Vacant for possible Owner Usage or Be ready to rent out!! ***Retrofit Completed at this Property***
We are proud to present this 7-unit apartment building in an excellent Van Nuys location mere blocks from Sherman Oaks. The property is subject to LACity Rent Control. There is an excellent unit mix that includes (1) 3 bedroom and 2 bath one story apartment home with private yard and (6) single units. Residents enjoy parking as well as on-site laundry facility. The property is minutes from the Sheman Oaks Recreation Center and Westfield Fashion Square. Access to the 101 and 405 Freeway's is nearby, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own a well-located building with great upside potential and exellent cap rate!!
14146 Friar Street is a triplex constructed in 1942. Situated in the city of Van Nuys, the property consists of (2) Two-Bedroom/One-Bath units and (1) Three-Bedroom/One-Bath unit. The triplex is located between Friar Street and Sylvan Street. With rents well below market rate and the potential to add an ADU in the freestanding garage at the rear of the property, 14146 Friar Street presents an incredible investment opportunity for a savvy owner.
11-11-24-NEW PRICE-NEW PRICE-NEW PRICE--- DUPLEX-DUPLEX- Wonderful 1940's home with lots of charm. Originally a 3-bedroom 2 bath home. The owner legally split the home in half to create a DUPLEX. The front unit is a 2 bedroom, 1 bath with a large living room and the rear unit is a 1 bedroom, 1 bath. Per tax assessor’s records 1,584 square feet on a 6,894 LARD-2 lot. 2 covered parking spaces and 2 open parking spaces with ample room for more. 2 storage sheds for the owner and tenant. The property backs to the orange bus line and is very quiet...
Welcome to 5551 Mammoth Ave, an incredible investment opportunity nestled on a sunny corner lot near the highly desirable neighborhood of Sherman Oaks. This well-maintained five-unit apartment building exudes classic Southern California charm while featuring modern updates throughout.The property includes four garage spaces for ample parking and storage, along with a spacious yard beautifully landscaped with lush flora, creating a serene outdoor retreat.With stable rental income, low vacancy rates, and strong growth potential, this turnkey property is ideal for investors seeking long-term appreciation in a prime Los Angeles location. Whether you're looking to live in one unit and rent out the others or to expand your investment portfolio, 5551 Mammoth Ave has it all.
Investment opportunity of a 10-unit building located at 5846-5850 Woodman Avenue, Valley Glen, CA. Offered at a current 7% Cap Rate/10.48 GRM with 96% upside in rents! ONE (1) move in ready units may be delivered VACANT at the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath and (2) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined 9,876 square feet of rentable space on a combined 13,029 square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 7% with a Pro-forma cap rate of 15.86%/5.37 GRM. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.
We are pleased to present 14248 Gilmore St, a 2-story, 7-unit, true value-add multi-family investment opportunity with approximately 66%+ rental upside potential, located in the highly desirable Van Nuys submarket of Los Angeles, just east of Van Nuys Boulevard and north of Victory Boulevard. Built in 1960, the building is comprised of 1 (2+1), 5 (1+1), and 1 single units that average approximately 704 gross square feet. The 4,931 square foot structure is situated on a 7,500 square foot, LA[Q]RD1.5-1 zoned lot that includes 11 parking spaces. The property features spacious units with lots of natural light. Select units boast new flooring, fresh paint, wall AC units in living rooms, large mirrored closets in bedrooms, updated kitchens with new stoves, and dining areas are adjacent to the kitchens. The building is separately metered for gas & electric and provides tenants with assigned parking, on-site laundry, and included water and trash services. With a great WalkScore of 85, the property's central Van Nuys location offers residents easy access to countless shopping, dining, public parks, and recreation options in Van Nuys, Sherman Oaks, Lake Balboa, and Panorama City. The Sepulveda Recreation Area, which is home to Balboa Golf Course, Sepulveda Sports Complex, The Japanese Garden, and Lake Balboa, is 1.8 miles to the west. The 405 Freeway is 1.7 miles to the west of the property, and the 101 Freeway is 2.3 miles to the south. The 170 Freeway is only 2.4 miles to the east, the 5 Freeway 5.6 miles to the northeast, and the 118 Freeway can be accessed 7.2 miles to the north. The Metro G Line (Orange) Busway, which runs almost the length of the entire San Fernando Valley and connects to the Metro Red Line to Downtown Los Angeles, can be accessed at the Van Nuys Metro G Line (Orange) Station, only 0.7 miles to the south. The East San Fernando Valley Light Rail Transit Project, currently under development, will significantly enhance the connectivity and transportation options for residents. This 9.2-mile light rail project will improve connections and access to key destinations while reducing congestion and fostering economic growth along the route.14248 Gilmore St is well-positioned for a skilled value-add investor, with the building's front garages presenting a prime ADU conversion opportunity, and a higher-end renovation program would optimize market rents, appreciation, and future returns. The property's premium location near transportation, grocery stores, restaurants, and shops makes it an attractive investment in the vibrant Van Nuys neighborhood submarket.
The median home value in Van Nuys, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Van Nuys, CA is $912,500. Approximately 33.96% of Van Nuys homes are owned, compared to 58.13% rented, while 7.92% are vacant. Van Nuys real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Van Nuys real estate agent to arrange a tour today!
Van Nuys 91401 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.