Van Nuys CA Multi Family for Sale
$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.
$1,799,990
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!
$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.
$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.:
- 1,709
- 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.
$1,895,000
7008 Encino Avenue Los Angeles, CA 91406
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.2 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- CRSR24124108
View additional info
Courtesy: Berkshire Hathaway HomeServices California Properties
ADDITIONAL INFORMATION
Three units on an 8,877 sq ft lot, each with its own address and private outdoor space, in a hot neighborhood! Ideal for investors or those seeking a primary residence with high rental income. This remarkable property consists of a 1,613 Sq Ft remodeled and expanded Main House with 4-Beds, 3-Baths, a 1,200 Sq Ft brand-new detached ADU with 3-Beds, 2-Baths, and a 345 Sq Ft brand-new JADU with 1-Bed, 1-Bath, located in one of the most desirable pockets of prime Lake Balboa. The main house has an open floor plan with primary and junior suites, a large living room opening to the outdoors, a brand-new kitchen with white shaker cabinetry, quartz countertops, stainless steel appliances, and a walk-in pantry, plus brand-new bathrooms. The primary suite includes a walk-in closet, sitting area, and sliding doors for outdoor access, while the other bedrooms and bathrooms are positioned on the opposite side for privacy. Additional features include inside laundry, central air & heat, new laminate floors, recessed lighting, and white vinyl fencing. The private outdoor space includes a large covered patio and a driveway for multiple cars. The new detached ADU includes 3 beds, 2 baths, its own address, private outdoor space, solar panels, and indoor laundry. The landscaped outdoor area has palm
$1,489,000
16043 Bassett Street Van Nuys, CA 91406
- Type:
- Single Family
- Sq.Ft.:
- 3,831
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- SR24113685
ADDITIONAL INFORMATION
Welcome to this Amazing opportunity to own three houses in an ample 8250 sqft Lot, in a great pocket of Van Nuys with paid off Solar Panels, tankless water heaters and electric car charging station! The main house with address 16043 offers 2396 sqft with 3 large bedrooms, 3 baths, laundry room, open floor plan with abundant natural light. The spacious living room features hardwood floors, vaulted ceiling with recessed lighting and seamlessly flows into the huge updated kitchen with all brand new appliances. It also has a big permitted additional living area adjacent to the kitchen with direct access to the backyard perfect for entertaining. The detached ADU built in 2021 with address 14043 1/2 Bassett (1030 sqft) offers 2 bedrooms, two baths, washer and dryer in unit, open concept kitchen with dishwasher and living room with plenty of natural light and recessed lighting. The JR ADU with address 16041 Bassett St is attached to the main house, it is a garage conversion completed in 2023 with permits (405 sqft) never lived in. It is coming with all brand new appliances including stackable washer and dryer, microwave, stove, dishwasher and refrigerator. Whether you are looking to add an amazing investment property to your portfolio or seeking a home to live in with additional income to help you pay your mortgage payments, this property has it all! Live in one unit and rent the other two. Don't miss out on this unique opportunity to own a potential triple income property that comes 100% ready to select your own tenants that will enjoy the convenience of a friendly neighborhood near schools, parks, shopping and dining!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.14 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- CL23340516
View additional info
Courtesy: Keller Williams Beverly Hills
ADDITIONAL INFORMATION
Perfect opportunity for investors or owner-users seeking a chance to own this 4-unit, 4,726 square feet building. Each unit comes with separate metering for electricity and gas, and operates under a master water meter. Features an ample 8-car off-street parking space making parking hassle free. Enjoy convenient access to the 101/405 freeways, close proximity to the Orange Line, Woodley Lakes, Balboa golf course, Balboa Sports Center, CSUN, and the Westfield Topanga Mall.
$3,499,000
7454 Haskell Avenue Van Nuys, CA 91406
- Type:
- Cluster
- Sq.Ft.:
- 12,568
- Status:
- Active
- Beds:
- 26
- Lot size:
- 0.32 Acres
- Year built:
- 1963
- Baths:
- 24.00
- MLS#:
- 24345901
ADDITIONAL INFORMATION
Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- CRSR23137532
View additional info
Courtesy: Park Regency Realty
ADDITIONAL INFORMATION
Great opportunity for duplex in Van Nuys city/ Lake Balboa, each unit has 2 bedrooms and 1 bath. The kitchen of the first unit was remodeled two years ago. There is one garage and one parking space. Property sells with tenants.
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 91406 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%.
Van Nuys Weather