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Listed by Rodolfo Anaya • Lux Realty
$ 855,000
Est. payment | /mo
2,330 SqFt
$ 855,000
Est. payment | /mo
2,330 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,330 sqft
Price per Sqft $366
MLS Listing ID CRSR25041034
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1941
Lot Size 6,753 Sqft
Property Sub-Type Triplex
Property Description
"Exceptional Triplex Opportunity in Van Nuys". A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on each floor. Parking is convenient with two uncovered spaces adjacent to the back unit, one parking space behind the front house, and ample street parking available. Each unit has its own gas & electric meter, while a single water meter, paid by the owner. This property offers the potential for an additional unit, increasing its value and rental income. Currently, it yields a favorable rental return with the opportunity to update the rents annually without displacing the current tenants, ensuring a steady income stream. This triplex is a sound investment in a neighborhood poised for growth, offering both immediate and long-term financial benefits. ***DRIVE BY ONLY. Please refrain from disturbing the tenants.
Location
State CA
County Los Angeles
Interior
Heating Floor Furnace, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplace No
Appliance Gas Water Heater
Laundry Laundry Room
Exterior
View None
Handicap Access Other
Building
Water Public
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