Van Nuys CA Multi Family for Sale
$1,499,000
6134 Hazeltine Avenue Van Nuys, CA 91401
- Type:
- Mixed Use
- Sq.Ft.:
- 5,069
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- SR24150160
ADDITIONAL INFORMATION
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!
$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.
$2,995,995
5846 Woodman Avenue Van Nuys, CA 91401
- Type:
- Cluster
- Sq.Ft.:
- 9,876
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.3 Acres
- Year built:
- 1952
- Baths:
- 10.00
- MLS#:
- 24413159
ADDITIONAL INFORMATION
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.
$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.
$1,400,000
14248 Gilmore Street Van Nuys, CA 91401
- Type:
- Cluster
- Sq.Ft.:
- 4,931
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.17 Acres
- Year built:
- 1960
- Baths:
- 7.00
- MLS#:
- 24407107
ADDITIONAL INFORMATION
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.
$1,290,000
6729 Fulton Avenue Van Nuys, CA 91401
- Type:
- Cluster
- Sq.Ft.:
- 4,416
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.13 Acres
- Year built:
- 1954
- Baths:
- 6.00
- MLS#:
- 24406358
ADDITIONAL INFORMATION
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!
$1,149,000
14342 Gilmore Street Van Nuys, CA 91401
- Type:
- Fourplex
- Sq.Ft.:
- 2,310
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- SR24110063
ADDITIONAL INFORMATION
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.
$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!
$1,599,999
14138 Gilmore Street Van Nuys, CA 91401
- Type:
- Fourplex
- Sq.Ft.:
- 3,577
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- SR24088475
ADDITIONAL INFORMATION
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.
- Type:
- Fourplex
- Sq.Ft.:
- 3,952
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- SR24065472
ADDITIONAL INFORMATION
B O M. 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
$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
$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.
Van Nuys Real Estate
The median home value in Van Nuys, CA is $736,500. The national median home value is $338,100. The average price of homes sold in Van Nuys, CA is $736,500. 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!
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