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Listed by James Antonucci • Keller Williams Realty-Studio City
$ 2,400,000
Est. payment | /mo
7,950 SqFt
$ 2,400,000
Est. payment | /mo
7,950 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,950 sqft
Price per Sqft $301
MLS Listing ID CRSR25060464
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1956
Lot Size 0.286 Acres
Property Sub-Type Other
Property Description
Discover an exceptional 12-unit multifamily investment in the heart of Van Nuys, offering a highly desirable unit mix of twelve 1-bedroom, 1-bathroom apartments. With strong rental demand in the area, this property presents tremendous rental upside, making it an ideal opportunity for investors looking to maximize long-term returns. Residents enjoy convenient on-site Carport parking, ensuring hassle-free living in a high-demand rental market. Additional amenities include on-site laundry, enhancing tenant convenience, and increasing property desirability. Each unit is individually metered for gas and electricity, providing an efficient and cost-effective management structure for owners. Recent upgrades, such as copper plumbing and a brand-new roof installed in 2023, add significant value and reduce future maintenance concerns. Situated in a prime Van Nuys location, this property offers unparalleled accessibility. The I-405 Freeway is just moments away, connecting tenants to major employment and entertainment hubs throughout Los Angeles. Additionally, the property is located near Van Nuys Airport, the Van Nuys DMV, and a variety of shopping centers, restaurants, and public transit options, ensuring a highly desirable living experience for tenants. With a strong rental market and amp
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
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