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Century 21 Realty Masters
15809 Vanowen Street, Van Nuys, CA 91406
- $5,000,000
- List Price
- $5,000,000
- Status
- ACTIVE
- MLS#
- SR26241492
- Year Built
- 1957
- Lot Size
- 22,952
- Acres
- 0.53
- Lot Location
- 16-20 Units/Acre
- Days on Market
- 3
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
**Excellent Investment Opportunity – 20-Unit Multifamily Property in Van Nuys!** Presenting a rare opportunity to acquire a 20-unit apartment building in the desirable Van Nuys area of the San Fernando Valley. Situated on 22,952-square-foot lot, this two-story property offers approximately 14,956 square feet of building area and an attractive unit mix of eight 2-bedroom/1-bathroom units and twelve 1-bedroom/1-bathroom units. Built in 1957, the property features on-site parking and convenient laundry facilities. Ideally located along Vanowen Street between Haskell Avenue and Woodley Avenue, with easy access to the 405 and 101 freeways, shopping, dining, schools, and major employment centers. With 20 income-producing units and potential for future rental growth, this property presents an excellent opportunity for investors seeking a multifamily asset in an established San Fernando Valley rental market. **A great opportunity to acquire a substantial multifamily investment property in a convenient, centrally located neighborhood.**
Additional Information
- Pool Description
- None
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- Electric, Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 20
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 20
- Gross Scheduled Income
- $321,432
- Operating Expense
- 116204
Listing courtesy of Listing Agent: Kamran Yasnafar (kamranyasn@gmail.com) from Listing Office: Beverly and Company.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.