Van Nuys CA Multi Family for Sale

ADDITIONAL INFORMATION

14253 Vanowen Street in Van Nuys is located in the heart of Van Nuys. This Triplex Property is ideal for a first-time investor. The property is comprised of two structures. The first is a (3) Three-bedroom and (1) one-bath house built in 1923 and was remodeled down to the studs in 2006. The second structure is comprised of (2) Two (2) Two Bedrooms and (1) One Bath Units Built in 2013! The front Three Bedroom House is subject to rent control, and the rear two units are Non-Rent Control. There is tremendous rental upside on all the units! The tenants are responsible for all utilities, including gas, electricity, and WATER!!!

ADDITIONAL INFORMATION

Rare Duplex Opportunity in Van Nuys! This charming duplex is situated on a spacious 6,600 sqft lot, offering endless possibilities and just waiting for a dash of your personal touch. Featuring a total of 1,600 sqft of living space, the property is divided into two updated 2-bedroom, 1-bathroom units. Perfect for investors looking for rental income, those seeking multigenerational living or you can live in one rent the other for added income. Step into the first unit, where new wood-like floors and an abundance of natural light create an inviting atmosphere. The open, functional layout is highlighted by a spacious kitchen island, perfect for entertaining or enjoying casual meals. Down the hall, two bright and airy bedrooms offer peaceful retreats. Sliding doors in one bedroom lead to a private patio—a serene space to sip your morning coffee or relax under the evening sky. The remodeled bathroom features modern upgrades, perfectly blending style and functionality to enhance everyday living. The second unit features new wood-like floors throughout, a bright and inviting living room, and a cozy dining area. Two sunlit bedrooms, a beautifully remodeled bathroom, and a dedicated laundry area add to the convenience of this home. Outside, the fully fenced lot is a blank canvas ready for your imagination. Create lush gardens, a play area, or a serene retreat—the choice is yours. Recent updates make this property truly shine, including a brand-new roof, new modern windows and sliding door, fresh exterior paint, and a sleek new concrete slab walkway. Enjoy the convenience of a 2-car garage with alley access, ample parking in the driveway, in-unit laundry, and a neighborhood near it all. Situated in the heart of the San Fernando Valley, this duplex is just minutes from Lake Balboa Park, offering scenic trails, picnic areas, and paddle boating. With the 405 and 101 Freeways just moments away, you'll have quick access to all that Los Angeles has to offer. Don’t miss this incredible opportunity to own a rare and updated duplex in Van Nuys!

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Don’t miss this incredible opportunity to own a great duplex in Van Nuys! A true must-see! Situated in the heart of the San Fernando Valley near Sherman Oaks, and Lake Balboa Park, offering scenic trails, picnic areas, and paddle boating, with the 405 and 101 Freeways just moments away, you'll have quick access to what Los Angeles has to offer. This charming duplex is fully occupied and features a total of 4BR/2BA (each unit is 2BR/1BA). Detached 2-car garage. Conveniently located near shopping centers, dining, entertainment, and DTLA. This property is ideal for a new apartment building, condos, or a small lot subdivision. It is perfect for fix-and-flip investors. *Do not disturb occupants.

ADDITIONAL INFORMATION

Lowest cost of entry in the San Fernando Valley!! 8 units offered at $1,395,000. Incredible price per foot of $214. Unit mix is half 2-bedrooms and half 1-bedrooms. Over 100% upside potential in rents.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating, copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential.

ADDITIONAL INFORMATION

The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value***Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed***Approximately $500,000 has been invested in capital improvements to enhance the building***New Roof, New Elevator***18 of the 21 units have been upgraded***Over 70% 2+2 units***Contact us for an OM***

ADDITIONAL INFORMATION

Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 4.75% interest for 5 years, with a $1,257,750.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath townhome style units. Each unit features contemporary interiors with well-appointed kitchens, inviting living areas, and comfortable bedrooms. Residents will appreciate the convenience of on-site laundry facilities and dedicated parking spaces.

ADDITIONAL INFORMATION

Presenting 6461 Woodley Ave, a newly constructed multifamily property completed in 2024 in Lake Balboa, CA. This exceptional asset includes five residential units plus an attached ADU, making 6 units, all vacant and ready for immediate leasing. Projected to generate approximately $23,650 in monthly rental income, this property offers an estimated annual gross revenue of $283,800 and a solid 5.6% cap rate, making it an ideal opportunity for 1031 exchange buyers seeking a high-quality, income-generating asset with strong returns.Located just minutes from the 405 and 101 freeways and close to Lake Balboa Park's trails, lakes, and green spaces, this property provides a unique blend of urban accessibility and recreational amenities, enhancing its tenant appeal. Each unit features open-concept layouts, premium laminate flooring, modern white kitchens with stainless steel appliances, and in-unit washers and dryers, ensuring a comfortable and contemporary living experience. Additional features include 10 parking spaces accessible from the rear alley, an added benefit for both tenants and investors in this high-demand area. With its turnkey status, minimal maintenance requirements, and strong rental potential, 6461 Woodley Ave offers an exceptional investment in the growing Van Nuys market.

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!

ADDITIONAL INFORMATION

We are 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.

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.

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.

ADDITIONAL INFORMATION

. Wonderful Investment opportunity! Centrally located in the heart of Van Nuys , close proximity to Civic buildings , Sepulveda basin recreation center/golf course, and Restaurants with easy access to 405 Fwy. Each unit has its own covered and gated parking space and there is parking on residential street. Complex has a storage unit as well as a gated front yard space. Now's your chance to snatch this one up. Please do not disturb occupants. This is a probate but NOT COURT CONFIRMATION IS NEEDED.

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!

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!

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!! ***Retrofit Completed at this Property***

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!!

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.

ADDITIONAL INFORMATION

Attention Developers! This is a fantastic opportunity to acquire a double lot totaling 15,000 sq. ft. with approved plans to build a 24-unit complex in the heart of Van Nuys, on one of the most sought-after streets in the area. The approved plans feature a mix of 20 two-bedroom/two-bath units, 3 three-bedroom/two-bath units, and 1 one-bedroom/one-bath unit. Located in a prime area within walking distance of dining, entertainment, shopping, and public transportation, it is just minutes away from Sherman Oaks and Ventura Blvd. Don’t miss this incredible chance to bring this remarkable project to life!

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.

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.

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. (The annual rent control rent raise is February.)

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...