13617 Leadwell St - Apartments FOR SALE


Van Nuys, CA 91405
$1,050,000 USD
818-381-6601
13617 Leadwell St, Van Nuys, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/15
null | 4.98% Cap Rate

13617 Leadwell St
Van Nuys, CA 91405


HIGHLIGHTS

  • Great Van Nuys Location
  • Secure/Gated Entry
  • On-Site Parking & Laundry
  • Van Nuys Transit Station Nearby
  • Nearby Shopping/Transit
  • High Demand Rental Location

OVERVIEW

Located in a prime Van Nuys submarket, 13617 Leadwell St offers investors a well-positioned multifamily asset in a consistently high-demand rental location. The property features a strong and versatile unit mix of four (4) 1-bed/1-bath units and two (2) 2-bed/1-bath units, appealing to both long-term tenants and working professionals seeking convenient Valley living. The building is equipped with secure gated entry, on-site parking, and on-site laundry, providing essential amenities that enhance tenant retention and overall operational efficiency. Additionally, the property is individually metered for gas and electric, allowing ownership to minimize utility expenses while maintaining a streamlined management structure. Ideally situated near Van Nuys Transit Station, the property offers excellent access to public transportation, major employment centers, and everyday conveniences. Residents benefit from quick connectivity to CA-170 and I-405 freeways, as well as proximity to Los Angeles Valley College, shopping centers, dining options, and neighborhood services. 13617 Leadwell St represents a compelling opportunity to acquire a stabilized multifamily property in one of the San Fernando Valley’s most active rental corridors, with solid in-place income and long-term upside potential driven by location and continued rental demand. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

4.98%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2328-002-046

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.