Van Nuys CA Multi Family for Sale
$2,599,000
14752 Erwin Street Van Nuys, CA 91411
- Type:
- Apartment
- Sq.Ft.:
- 25,428
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- SR24193307
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!
- 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.
$1,750,000
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
A eight-unit apartment building located at 14758 Victory Blvd. in Van Nuys, CA, built in 1965 and offers a living area of 5,789 square feet on a 6,506 square foot lot. The unit mix comprises 5 one-bedroom one bath, 1 two-bedroom one bath, and 2 two-bedroom two baths. Some units have been upgraded, and there is an on-site laundry facility. Additionally, there is storage space above the parking area, which creates an opportunity for additional income. UPSIDE POTENTIAL: There is over 23% upside potential in current rents. Additionally, there is an opportunity to construct an ADU and Jr. ADU. Upon completion, the property could achieve a 8.36% cap rate and a 8.87 gross rent multiplier (GRM). This presents a rare value-add opportunity for investors in a prime Van Nuys location. Buyer to do its own investigation regarding the ADU ***
$1,399,000
5453 Kester Avenue Sherman Oaks, CA 91411
- Type:
- Cluster
- Sq.Ft.:
- 3,474
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.1 Acres
- Year built:
- 1961
- Baths:
- 5.00
- MLS#:
- 24420811
ADDITIONAL INFORMATION
Welcome to a premier investment opportunity in Sherman Oaks! This attractive four-unit apartment building offers remarkable value for investors. Nestled in the sought-after Sherman Oaks area, the property features a blend of one and two-bedroom apartments. Zoned R3, it includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, alongside three generously-sized one-bedroom, one-bathroom units.Recent capital improvements ensure the building's excellent condition, with updates such as new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and artificial turf. Units 1 and 3 have been extensively renovated, featuring new laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully renovated bathrooms with new tile, fixtures, and cabinets.Building amenities include common area laundry facilities, individually metered gas and electricity, secured entry, a combination of gated and garage parking, and additional onsite guest parking.Situated in a vibrant Sherman Oaks neighborhood, this property is close to excellent shopping, fine dining, and entertainment options. Its ideal location offers easy access to the 101 and 405 Freeways, enhancing connectivity to surrounding areas. Outdoor enthusiasts will enjoy the nearby parks, including Lake Balboa Park, which will be a venue for the 2028 LA Olympics.The consistently high demand for one-bedroom units ensures stable rental income, making this property a reliable and profitable investment. With its excellent location and appealing neighborhood, this turn-key asset provides a rare opportunity in one of LA's most dynamic and stable markets, ideal for investors seeking long-term wealth preservation and consistent returns.
$1,600,000
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
Take advantage of this unique opportunity to acquire two prime properties with a preference for a bundled sale at 5.2% cap rate with 50% upside: 7543 Chimeneas Avenue and 14739 Delano Street. Discover the potential of 14739 Delano Street, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 11 bedrooms and eight bathrooms in total, making it a substantial income-generating asset? With a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment. With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth. The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring five comfortable two-bedroom units and three inviting one-bedroom units, ensuring a steady occupancy rate. Ideally positioned, the complex offers its residents effortless access to transportation, shopping, and dining venues. The proximity to the Van Nuys Village shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed Van Nuys Unified School District is a stone's throw away, making it an attractive choice for families. The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to Pacoima, San Fernando/Sylmar, and the G Line (orange) and B Line (red). Don't miss this fantastic investment opportunity. Contact us today to schedule a showing and discover the endless possibilities that await.
$1,399,995
14810 Sylvan Street Van Nuys, CA 91411
- Type:
- Cluster
- Sq.Ft.:
- 3,576
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.2 Acres
- Year built:
- 1950
- Baths:
- 6.00
- MLS#:
- 24414925
ADDITIONAL INFORMATION
6 Units on a large R3 lot with great upside potentials. Central and desired location in the city of Van Nuys with lots of potential. Conveniently located near The Court and other government buildings in the heart of the city of Van Nuys with close access to the 405, 101, and 170 freeways. Located just 2.3 miles from the Van Nuys Metrolink Station, which allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity, gas, and trash.
$1,179,000
15222 Victory Boulevard Van Nuys, CA 91411
- Type:
- Fourplex
- Sq.Ft.:
- 2,248
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- SR24119158
ADDITIONAL INFORMATION
The four-unit building represents an excellent investment opportunity situated in a desirable area on the corner of Victory and Sepulveda. Each unit features a porch and is surrounded by lush greenery. The building consists of four one-bedroom units. Many units have undergone recent renovations and upgrades including laminate floors, windows, bathrooms, wall heaters, and air conditioners. Additionally, a detached garage provides one parking space for each unit. Conveniently located to access freeways 101 and 405, shopping centers, and public transportation.
$1,145,000
14843 Delano Street Van Nuys, CA 91411
- Type:
- Cluster
- Sq.Ft.:
- 2,448
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1952
- Baths:
- 3.00
- MLS#:
- 24384641
ADDITIONAL INFORMATION
Prime residential location, Set back and collate rent or build ADU and add to potential income or just build new multi units and ADU. Front house has two bedroom and one bath and front yard to use. Back unit is one bedroom and one bath with back yard to use. Call Agent for showing, don't disturb tenants, Inside with 24H advance notice. Can be delivered Vacant. (Will need additional time and Cost)
- Type:
- Fourplex
- Sq.Ft.:
- 3,952
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- SR24065472
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
$3,425,000
5236 Kester Avenue Sherman Oaks, CA 91411
- Type:
- Apartment
- Sq.Ft.:
- 9,409
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- PV24069336
ADDITIONAL INFORMATION
Discover an extraordinary investment opportunity in the heart of Sherman Oaks! This 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on Magnolia Boulevard, offers a blend of luxury and convenience. With spacious, townhouse-style units provide a comfortable living experience for tenants. This desirable rental area is located in one of Sherman Oaks’ most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. Offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. The property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the property’s value. On-site tuck-under parking and shared laundry facilities add convenience and gated property. A true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. Investment potential: With over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. Don’t miss out on this chance to invest in a thriving area with strong income potential.
Van Nuys Real Estate
The median home value in Van Nuys, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Van Nuys, CA is $681,800. Approximately 34.45% of Van Nuys homes are owned, compared to 59.14% rented, while 6.42% 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 91411 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
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