Van Nuys CA Multi Family for Sale
$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.
$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.
$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!
$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.
- 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.
$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.
$1,199,900
6643 Kester Avenue Van Nuys, CA 91405
- Type:
- Triplex
- Sq.Ft.:
- 2,162
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- SR24120036
ADDITIONAL INFORMATION
Value investment opportunity in the heart of Van Nuys and SVF. This triplex features two 2-bed/1 bath and one 1 bed/1 bath unit mix. All units are furnished at this time and set up for either mid-term or long-term tenancy (see Inclusions for more details). The back 2-bedroom has a fenced-in private patio with an orange tree and direct access to one of the garages. It has the vibe of an exclusive ADU residence. All units were updated in various degrees with laminate flooring, tiled bathroom with pedestal sink, windows, and HVAC system. The front 2-bedroom also has the kitchen remodeled with the replacement of cabinets, stainless steel sink and corian countertops. The roof is newly replaced in January 2024. There is a 3-car detached garage building in the back facing the alley with a laundry room set up for two sets of washer and dryer as well as a covered carport. This is an amazing investment addition to your real estate portfolio or seeking a home to live in with additional income to offset the mortgage payment.
$6,250,000
14921 Sherman Way Van Nuys, CA 91405
- Type:
- Cluster
- Sq.Ft.:
- 26,760
- Status:
- Active
- Beds:
- 50
- Lot size:
- 0.68 Acres
- Year built:
- 1964
- Baths:
- 50.00
- MLS#:
- 24350843
ADDITIONAL INFORMATION
This 32-unit two-story garden style complex has gated entry, a pool, laundry room and landscaped courtyard. The parking is also gated and has 24 tuck under spaces, 9 carport spaces and one open space for a total of 34 cars. The City of Los Angeles mandatory seismic retrofit work has already been completed by the owner. Other capital improvements include repaving the driveway and putting on a new roof about 10 years ago.The building is separately metered for both gas and electricity and the majority of the units have a private patio or balcony. The unit mix is excellent of 56% two bedrooms, two baths units averaging $1.59 psf and 44% one bedroom units averaging $1.34 psf. Both unit types are currently renting significantly below the current market of at least 50%.This well-maintained complex offers an investor stable cash flow with upside that will appreciate in value over time. The property is also located in an Opportunity Zone, which offers an investor the potential to defer and eliminate capital gains if they substantially improve the asset per the existing OZ laws. *Located in Opportunity Zone *Very well maintained *Great Mix of 1 & 2 Bedrooms with Balconies / Private Patios *Gated Parking & Entry *Pool, Laundry and Landscaped Courtyard
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- CRSR23166159
View additional info
Courtesy: Keller Williams Realty-Studio City
ADDITIONAL INFORMATION
14253 Vanowen Street in Van Nuys is located in the heart of Van Nuys. Van Nuys is a diverse community with a mix of residential, commercial, and industrial areas. It has a diverse population with a wide range of cultural backgrounds. The subject property is located between Van Nuys Blvd and Hazeltine Ave on the major thoroughfare of Vanowen Street. 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. 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!
Van Nuys Real Estate
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 91405 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%.
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