Average square foot calculated using Size range provided by listing agent.
Description
An exceptional 20-unit multifamily investment opportunity in the desirable Van Nuys area, featuring 8 one-bedroom/one-bath apartments and 12 studio units. With strong local rental demand, the property offers tremendous upside potential for investors seeking long-term growth. Residents benefit from on-site parking, secure gated entry, laundry facilities, and a swimming pool, ensuring convenience and enhancing tenant appeal. Each unit is individually metered for gas and electricity, providing efficient and cost-effective management. The building has been well maintained with recent upgrades, including new exterior paint and plaster in 2024, reducing future maintenance concerns. Ideally located near the I-405 Freeway, Van Nuys Airport, the DMV, shopping, dining, and public transit, the property delivers excellent accessibility to major employment and lifestyle hubs across Los Angeles.Show Description
MLS® NumberSR25201310
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1976
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral
A/CWall Window Units
Heating Fuel
Extras
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