Van Nuys CA Multi Family for Sale
$1,650,000
13565 Victory Boulevard Van Nuys, CA 91401
- Type:
- Apartment
- Sq.Ft.:
- 6,796
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- GD24232018
- Subdivision:
- Not Applicable-105
ADDITIONAL INFORMATION
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!
$1,175,000
14118 Friar Street Van Nuys, CA 91401
- Type:
- Apartment
- Sq.Ft.:
- 5,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- SR24225767
ADDITIONAL INFORMATION
RTI, Ready to start construction6 units Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915 Rents per Section 8: 2 BR 2 BA $3052 All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information
$1,500,000
16129 Cantlay Street Van Nuys, CA 91406
- Type:
- Apartment
- Sq.Ft.:
- 5,460
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- SR24224857
ADDITIONAL INFORMATION
We are proud to represent this 6 unit apartment building in Van Nuys. The property was built in 1966. Its unit mix consists of (2) 1+1 units, (2) 2+1 units, and (2) 3+2 units. With a lot size of 6,000 square feet, the property has a total of 5,460 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
$1,700,000
14847 Erwin Street Van Nuys, CA 91411
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Year built:
- 1956
- Baths:
- 6.00
- MLS#:
- 24008171
ADDITIONAL INFORMATION
Amazing Investment Opportunity and Prime Van Nuys, CA Location. Six Units, All units are tenant occupied. Located 14847 Erwin St, Van Nuys, CA, year built 1956. This building features: 4,274 of living area with 8,109 square feet lot. Subject property is subject to LA City Rent Control. Excellent unit is mixed: Three units are 1 bedroom one bathroom and three units are two bedrooms, one bathrooms, total of 9 bedrooms and 6 bathrooms. Some units have been recently upgraded. On site Common laundry facility. There is over 23%+ (approximately) upside potential in current rents. Tons of potentials Parking space for each unit, centrally located.1 / 10MapRealist 2.0Assessor MapRealtor Property Resource# OF UNITS TOTAL: 10SQFT(src): 1PRICE PER SQFT: LOT(src): 8,112/0.1862 (A)LEVELS: TwoYEAR BLT(src): 1956 (ASR)DOM / CDOM: 0/0SLC: StandardTOTAL OP. EXP: $13,402.00NET OP. INCOME: $59,598PARCEL #: 2241009016LISTING ID: SR24214456Glide OfferDESCRIPTIONAmazing Investment Opportunity and Prime Van Nuys Location. Six Units, All units are tenant occupied. Located 14847 Erwin St, Van Nuys, CA, built 1956. This unit features: 4,274 of living area with 8,109 square feet lot. Subject property is subject to LA City Rent Control. Excellent unit is mixed: Three units are 1 bedroom one bathroom and three units are two bedrooms one bathroom, total of 9 bedroom and 6 bathrooms. Some units have been upgraded. On site Common laundry facility. There is over 23% upside potential in current rents. Tons of potentials Parking space for each unit, centrally located.
$1,225,000
7033 Hazeltine Avenue Van Nuys, CA 91405
- Type:
- Fourplex
- Sq.Ft.:
- 2,639
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- SR24216316
ADDITIONAL INFORMATION
KW Commercial is proud to present an exceptional investment opportunity in a highly desirable location. 2 VACANT UNITS were fully remodeled. Each of the four 1-bedroom, 1-bathroom units is individually metered for utilities and features in-unit laundry. Two units include a flexible bonus room, perfect for a home office or additional storage. With two 2-car garages and plenty of additional street parking, residents enjoy convenient and secure parking. Fantastic value add! Expenses are estimated.
$1,750,000
13357 Victory Boulevard Van Nuys, CA 91401
- Type:
- Cluster
- Sq.Ft.:
- 4,471
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.15 Acres
- Year built:
- 1956
- Baths:
- 7.00
- MLS#:
- 24453827
ADDITIONAL INFORMATION
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!
$1,799,990
16021 Victory Boulevard Van Nuys, CA 91406
- Type:
- Mixed Use
- Sq.Ft.:
- 4,889
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- SR24212101
ADDITIONAL INFORMATION
Great opportunity to own 6 units with potential residential investment adjacent to Lake Balboa in Van Nuys west of the 405. This property has four units (two 2BR/1BA and two 1BR/1BA units) plus a 2BR/1BA ADU and Studio Junior ADU. ADU's are completed in 2021 and include central air, washer/dryer, and stainless appliances. Original fourplex has potential for 40 to 50% increase in income at market rates. 2BRs in the fourplex have an extra bonus room, which could be converted to a 3rd bedroom for additional income. In a prime location, this property is close to the Woodley Lakes Golf Course, Van Nuys Golf Course, Sepulveda Basin, The Japanese Garden, and Balboa Lake. Easy access to the 405 and 101 freeway. Current GRM is 17.4 with a cap of 4.38% with an unheard of full market GRM of 13.5 and 6% cap. Because the property is a four-plex plus ADU and Junior, buyers should check with lenders and potentially be able to get 1-4 unit residential financing. This is a unique opportunity to own 6 units at residential financing rate and terms, with long term potential at market rates. Priced at $299K/unit, this will sell quickly, so bring your offers!
$1,145,000
14431 Califa Street Van Nuys, CA 91401
- Type:
- Cluster
- Sq.Ft.:
- 2,383
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1949
- Baths:
- 5.00
- MLS#:
- 24450807
ADDITIONAL INFORMATION
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!!
$2,980,000
6948 WOODMAN Avenue Van Nuys, CA 91405
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 100
- Lot size:
- 0.46 Acres
- Year built:
- 2024
- Baths:
- 100.00
- MLS#:
- 24443865
ADDITIONAL INFORMATION
Consider the opportunity to develop a new nursery or residential project in Valley Glen, a prime area within Van Nuys, popular for both multifamily and office developments. This presents an outstanding investment opportunity for seasoned investors and developers. The lot, spanning 19,961 square feet, is zoned R3 (16,817.33 sq. ft.) and R1 (3,151.3 sq. ft.). There are three development options to explore:1. **Unlimited Density**: A request can be made for unlimited density if the project is 100% affordable housing for senior citizens (55+), potentially allowing for 100+ units with no parking requirements. 2. **49 Units**: A plan that includes 49 units, with 7 units designated for low- and moderate-income tenants. 3. **RTI Ready**: The property is already entitled and RTI ready, with plans for a luxury apartment complex featuring 23 units over 31,150 square feet, along with a 1,200-square-foot ADU. Each option provides a unique opportunity for significant returns in this sought-after location.
- Type:
- Triplex
- Sq.Ft.:
- 1,960
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- OC24198825
ADDITIONAL INFORMATION
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.
$1,295,000
5915 Hazeltine Avenue Van Nuys, CA 91401
- Type:
- Mixed Use
- Sq.Ft.:
- 2,965
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- CV24202513
ADDITIONAL INFORMATION
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!!
$2,600,000
7407 Haskell Avenue Van Nuys, CA 91406
- Type:
- Cluster
- Sq.Ft.:
- 6,224
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.16 Acres
- Year built:
- 1986
- Baths:
- 12.00
- MLS#:
- 24441479
ADDITIONAL INFORMATION
This 8 unit property is located in Van Nuys near the corner of Sherman Way and the 405 freeway.Built in 1986, this building is exempt from the LA Rent Stabilization Ordinance (RSO) and has an attractive unit mix of all 2 bedroom units. Additionally, there is an assumable loan at 4.55% interest only fixed until July 2027. Priced at a 5.58% CAP, which includes the two vacant units with Section 8 rents, there is approximately 33% in rental upside.The sellers have fully remodeled all of the units with new paint, flooring, countertops, and appliances. In addition, they've replaced 2 of the 8 HVAC condensers, painted the exterior of the building, installed artificial grass in the front, and installed security cameras throughout the building.
$1,199,000
7011 Woodley Avenue Van Nuys, CA 91406
- Type:
- Cluster
- Sq.Ft.:
- 3,542
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.16 Acres
- Year built:
- 1954
- Baths:
- 6.00
- MLS#:
- 24439815
ADDITIONAL INFORMATION
Well maintained 6-unit building in Lake Balboa, one of the most sought after neighborhoods in LA. Close to shopping, markets, less than 2 miles from Balboa Park. Fully rented, 5 of the units have laminate and ceramic tile floors.All the exterior facing windows have been replaced, roof completely replaced in 2019. Owner pays water/power for bldg., so the next owner can pay to have split meters for each unit thus greatly increasing the net income. Owner pays a service company to lease the washer/dryer. Each unit has wall AC unit, and wall gas heater. Four units are 1 bed 1 bath, 2 units are 3 bed 1 bath. Owners monthly expenses: $1000 water/power, $400 trash, $75 pest control, $100 gardening, $43 for laundry lease/ maintenance. Each unit has one assigned parking space. Plently of street parking. Across from the new Vallarta super market/ tortilleria/ bakery. Approx 70% of owners expense is that the building has one water meter. A new owner could apply to LADWP for permission to have this split so each unit has its own individual water bill thus greatly reducing the owner's monthly expenses. Seller is highly motvated. Seller is not doing a 1031 tax exchange so closing can be quick.
- Type:
- Duplex
- Sq.Ft.:
- 2,144
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- SR24173100
ADDITIONAL INFORMATION
Unlock the potential of this duplex ideally situated just adjacent to Sherman Oaks! With its prime location and versatile features, this property is a perfect candidate for a cosmetic fix and flip, long-term hold, potential ADU conversion, or even new construction! Each unit offers well-designed floor plans, including their own laundry room, plenty of parking (double car garage, a car port, and plenty of street parking). Seller is motivated. Buyers to cooperate with Sellers 1031 exchange at no cost to Buyer. ********* DO NOT DISTURB TENANTS**********
$1,700,000
5660 Kester Avenue Van Nuys, CA 91411
- Type:
- Cluster
- Sq.Ft.:
- 4,000
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.16 Acres
- Year built:
- 1951
- Baths:
- 5.00
- MLS#:
- 24432467
ADDITIONAL INFORMATION
This 5-unit apartment building is located in Sherman Oaks. Built in 1951 and located on a corner lot, there is an opportunity to build 2 ADU's increasing cash it's value and income. Additionally there is approximately 50% rental upside based on the current rent roll. The units are separately metered for gas and electricity.
$3,895,000
6830 Hazeltine Avenue Van Nuys, CA 91405
- Type:
- Townhouse
- Sq.Ft.:
- 10,422
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- MB24175955
ADDITIONAL INFORMATION
LIKE NO OTHER: Introducing this stunning 6-Unit modern contemporary 3 story townhouse style, 2024 NEW CONSTRUCTION with NO RENTROL, (lot size: 10,082 and the combined living Sq Ft 10,422 & 21 bedrooms/21 full size bathrooms & 5 powder rooms and 12 unrestricted parking spaces) located in the Van Nuys submarket of the San Fernando Valley. Only $649,000 per unit: this Van Nuys neighborhood is experiencing incredible growth and an overflow from young professionals along with multi-generational families. The Developer has paid careful attention to all the details of the building to stand out from other new buildings. The subject property is in high-demand rental location near the Van Nuys Courthouse, the restaurants and shops along Ventura Blvd (which are minutes away), commuters enjoy easy access to the 101 and 405 freeways, major public transportation (Metro Orange Line), and Hospitals (Valley Presbyterian). These units offer a great option for young professionals looking for an ideal co-living arrangement. Experience unparalleled luxury with upscale finishes and impeccable construction quality. Each unit is separately metered, ensuring the landlord incurs no utility expenses. Discover generously sized bedrooms with ample closet space and sleek, modern bathrooms. The open floor plans boast spacious living rooms, dining areas, and gourmet kitchens equipped with stainless steel appliances and quartz countertops and balconies. Enjoy the convenience of an in-unit laundry, central HVAC, and fully paid-off solar panels. This property offers a unique blend of contemporary amenities, cost-saving features, and income potential, making it a highly recommended investment option in the Van Nuys submarket. This area is one of the most densely populated areas within the Los Angeles City. Don't miss out on the opportunity to earn positive cash flow with annual rent increases, leverage new construction tax benefits, minimize maintenance costs, 1 Yr. fit and finish builder’s warranty. Make this the one and witness appreciation in one of the San Fernando Valley’s most historically robust markets. Call today, we welcome your 1031 exchange here!
- Type:
- Duplex
- Sq.Ft.:
- 1,584
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- SR24179013
ADDITIONAL INFORMATION
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...
$1,649,000
14758 Victory Boulevard Van Nuys, CA 91411
- Type:
- Apartment
- Sq.Ft.:
- 5,789
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- SR24174399
ADDITIONAL INFORMATION
CALL LISTING AGENT FOR MARKETING PACKAGE! Keller Williams is pleased to present an eight-unit apartment building at 14758 Victory Blvd. in Van Nuys. Built in 1965, this property offers 5,789 square feet of living space on a 6,506-square-foot lot. The unit mix includes 5 (1 +1) , 1 (2+1) , 2 (2+2). Several units have been upgraded, and there is an on-site laundry facility. Additionally, storage space above the parking area creates an opportunity for added income. Upside Potential: Current rents have over 23% upside potential. Additionally, there is the potential to add ADU's, which could yield a cap rate of 7.78% and a GRM of 8.81 upon completion. This is a rare value-add opportunity for investors in a prime Van Nuys location. Buyer to verify all ADU details independently. ***Seller carry financing may be available. Inquire from agent. *** Located in Van Nuys, this property benefits from close proximity to local amenities, schools, parks, and major transportation routes, making it an appealing choice for both renters and investors. Whether you're expanding your investment portfolio or seeking a stable income-generating property, 14758 Victory Blvd. offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don’t miss out on owning a valuable piece of Van Nuys real estate. Schedule your private showing to explore the potential of this impressive apartment building.
$4,600,000
6840 Kester Avenue Van Nuys, CA 91405
- Type:
- Cluster
- Sq.Ft.:
- 18,333
- Status:
- Active
- Beds:
- 41
- Lot size:
- 0.54 Acres
- Year built:
- 1961
- Baths:
- 26.00
- MLS#:
- 24428723
ADDITIONAL INFORMATION
This 20-unit Apartment building is a well-maintained asset in Van Nuys, CA. Centrally located in the San Fernando Valley, this complex has almost immediate access to the 101, 405, 170, and 118 freeways, as well as an abundance of public transportation, including a new line currently in construction: the East San Fernando Valley Light Rail Transit project, that will feature 11 stops from Van Nuys to Pacoima. This property features a favorable unit mix, with 15 of the 20 units being 2 & 3 bedroom units (25% 1 bedrooms, 75% 2 & 3 bedrooms), with private patios/balconies, and a pool. This two-story building also has secure, gated parking with covered spaces, and seismic retrofitting has been completed. This property sits on a corner lot, on the corner of Kester Ave. and Hartland St., just north of Vanowen St. The Van Nuys location is very walkable and bikeable with good transit.
$1,950,000
6914 Woodley Avenue Van Nuys, CA 91406
- Type:
- Cluster
- Sq.Ft.:
- 6,502
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.16 Acres
- Year built:
- 1964
- Baths:
- 12.00
- MLS#:
- 24427605
ADDITIONAL INFORMATION
We are proud to present a once in a generation opportunity to acquire two trophy investments in the San Fernando Valley. 6914 Woodley Avenue and 6955-61 Fulton Avenue are large beautifully maintained investment properties with capturable rental upside. 6914 Woodley Ave is an 8-unit apartment building in the city of Van Nuys, with a unit mix of four (4) one-bedroom one-bathroom units and four (4) two-bedroom two-bathroom units. 6955-61 Fulton Avenue is a 12-unit apartment building in the city of North Hollywood, with a unit mix of four (4) one-bedroom one-bathroom units and eight (8) two-bedroom one-bathroom units. The Valley portfolio gives an investor the ability to capture all that the San Fernando Valley has to offer, and provides tenants of these properties walkable access to shops, nightlife, employment opportunities and more. Please note these buildings can be sold together or separately.
- Type:
- Cluster
- Sq.Ft.:
- 1,248
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.15 Acres
- Year built:
- 1938
- Baths:
- 2.00
- MLS#:
- 24424425
ADDITIONAL INFORMATION
Great investment opportunity to add on or develop this 2 separate houses on one lot with a footprint of 6,707 Sq.Ft of space in prime Van Nuys. Two car garage. This Duplex is centrally located within close distance to Downtown Van Nuys and the court house. Close to shopping, buses, Metro Station with effortless commute to DTLA and beyond, Also just a few minutes away from the 101 and 405 freeways. Don't miss this unique opportunity to own this income property.
$3,649,000
14839 Gilmore Street Van Nuys, CA 91411
- Type:
- Townhouse
- Sq.Ft.:
- 8,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- DW24148867
ADDITIONAL INFORMATION
NEW CONSTRUCTION AND NO RENT CONTROLLED 6-unit located in the "The Heart of the Valley" VAN NUYS. Close to the 405 freeway, Westfield Fashion Square, restaurants and much more. This property is made up of three separate 3-story buildings. The front two units are each 4 bedrooms, 5 bathrooms, the middle two units are 4 bedrooms, 4 bathrooms each and the rear two units are 3 bedrooms, 4 bathrooms each. Property also has 10 parking spaces within the gated property. The location and modern look of the property makes it easy to rent. 6 all separate water, gas and electrical meters make it perfect for any investor looking to add to their property profile. PAID OFF SOLAR PANELS make it ideal to minimize the electricity bill. Little to no maintenance for years to come make it perfect for any investor.
$1,750,000
14739 Delano Street Van Nuys, CA 91411
- Type:
- Cluster
- Sq.Ft.:
- 6,908
- Status:
- Active
- Beds:
- 13
- Lot size:
- 0.17 Acres
- Year built:
- 1963
- Baths:
- 8.00
- MLS#:
- 24418407
ADDITIONAL INFORMATION
Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use---live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.
- Type:
- Cluster
- Sq.Ft.:
- 1,709
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1948
- Baths:
- 2.00
- MLS#:
- 24417633
ADDITIONAL INFORMATION
Step into a world of possibility with this stunning 4-bedroom, 2-bathroom duplex located in the sought-after Lake Balboa neighborhood of Los Angeles. Whether you are an astute investor looking for an income-generating property or an owner-user seeking to offset mortgage costs, this duplex presents an incredible opportunity. As you approach the property, you'll be greeted by meticulously maintained landscaping, featuring beautiful mature trees and plants that create a serene and inviting atmosphere. The front unit, currently tenant-occupied, boasts two bedrooms and one bathroom, offering a comfortable and inviting living space. The second unit, also featuring two bedrooms and one bathroom, has been recently renovated floors, and fresh paint, creating a modern and stylish aesthetic. The duplex's central location offers easy access to the Van Nuys and Burbank airports, Lake Balboa Park, picturesque biking trails, a selection of public golf courses, and plentiful dining and shopping experiences. Embrace the potential of this property and discover the endless opportunities it presents for both investors and owner-users alike. All units are occupied and property will be delivered with tenant.
$7,550,000
7507 Woodman Avenue Van Nuys, CA 91405
- Type:
- Cluster
- Sq.Ft.:
- 21,159
- Status:
- Active
- Beds:
- 50
- Lot size:
- 0.72 Acres
- Year built:
- 1986
- Baths:
- 34.00
- MLS#:
- 24418991
ADDITIONAL INFORMATION
We are pleased to present 7507 Woodman Ave, Van Nuys, where opportunity meets potential in this 34-unit apartment building.Built in 1986, this property is not subject to LA City Rent Control (Only Subject to CA State Rent Control AB 1482).Situated amidst a bustling neighborhood, this property offers a unique investment prospect for savvy buyers looking to capitalize onuntapped potential. With a strategic renovation and management plan, there is ample opportunity to enhance both the aesthetic appealand functionality of each unit, thereby increasing rental income and overall property value.The dense location offers convenient access to major transportation arteries and essential amenities, ensuring residents have easyconnections to employment centers, shopping, and dining options.The building itself features a mix of unit sizes, including 22 two bedroom, 6 one bed room, and 6 studio apartments accommodating arange of tenant needs. Amenities such as gated parking and on-site laundry facilities are in place, providing a foundation upon which tobuild additional value for residents.
Van Nuys Real Estate
The median home value in Van Nuys, CA is $736,500. The national median home value is $338,100. The average price of homes sold in Van Nuys, CA is $736,500. 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!
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