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!
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
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!!
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.
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!!
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.
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...
Location Location! Great 6 unit building with pride of ownership. 2 2 bedroom units with their own garage and 4 1 bedroom units with cover parking. It is well maintained, has newer roof, and updated plumbing, automatic gate, private parking, laundry room, each apartment has an spacious living space, 6 electrical meters, 1 gas meter for laundry area, Secured gated building and 4 carport parking in the back, which may be converted to more units. The building is full tenant occupied and all tenants are current. Drive by and submit your offer today!
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.
Fantastic 6-unit value add investment property located in Van Nuys. The mid-century apartment complex, built in 1954, offers a total of 4,416 square feet of living space, with each unit boasting 736 square feet on average. The building features a strong unit mix, of (2) spacious 2-bedroom/1-bath units and (4) 1-bed / 1-bath units. Several of the units have received interior upgrades over the years, including new shower tiling and enclosures. The building has received significant capital improvements including the installation of copper plumbing in certain areas, new exterior paint, a newly landscaped and luscious shared fruit/food garden, and approximately 75% new windows. The roof was also fully replaced in June 2023. Additionally, there is a separate parking space and storage unit for each apartment at the rear of the building. There's also a laundry room that is currently being used as an owner storage area, but can easily be converted back to a laundry facility for additional income. 6729 Fulton Ave is fully occupied and offers over 60% upside on the current rents!
Welcome to 14342 Gilmore Street, a prime investment opportunity in the heart of Van Nuys, CA. It is located near the proposed new Metrolink site, within walking distance to the Van Nuys Courthouse, and a short distance from the 405 freeway. This charming fourplex, built in 1952, offers a blend of classic character and modern convenience, making it an ideal addition to your real estate portfolio. In a desirable Van Nuys neighborhood, tenants will appreciate the proximity to local amenities, schools, parks, shopping centers, and public transportation. The property features four one-bedroom and one-bath units, providing comfortable living spaces for tenants. The investment has tremendous rental upside. Ample on-site parking is available for tenants, adding to the property's convenience. 14343 Gilmore Street is more than just a property; it's an opportunity to invest in a thriving community. Whether you're a seasoned investor or new to the real estate market, this fourplex promises steady returns and long-term value. Don't miss out on this chance to own a piece of Van Nuys' charming real estate.
Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime location—schedule a showing today and seize the potential that awaits in Van Nuys.
Prime mixed-use Residential/Commercial investment opportunity near to the Van Nuys Courthouse now on the market. Property boasts a spacious 2-bedroom, 2-bathroom unit on the upper level, complemented by two versatile ground-floor storefronts, which can easily be combined into a single expansive space. Spanning approximately 3,236 sq ft, the property offers ample parking space for 7-10 vehicles at the rear. Ideal for various uses including retail, warehouse, bail bonds, dispensary, or as an investment/rental property. Property will be delivered vacant at the close of escrow. Property needs updating.
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%.