13631 Vanowen St - Apartments FOR SALE


Van Nuys, CA 91405
$2,180,000 USD
13631 Vanowen St, Van Nuys, CA for Sale
$2,180,000 USD
Apartments - FOR SALE
1/27
null | 6.21% Cap Rate

13631 Vanowen St
Van Nuys, CA 91405


OVERVIEW

Well-maintained 12-unit multifamily property located in a desirable residential pocket of Van Nuys within the San Fernando Valley. The two-story building features attractive 1960s construction and a functional unit mix of studios, one-bedroom, and two-bedroom residences, appealing to a wide range of tenants. The property offers gated and secured parking for residents and is situated on a generous lot with an efficient layout. All units are separately metered for electricity, supporting ease of management, while gas and water are master-metered. Electrical panels are provided by Blakeman Electric, which are accepted by major insurance carriers. Residents benefit from proximity to dining, shopping, and everyday services along Van Nuys Boulevard, as well as convenient access to outdoor recreation at the Sepulveda Basin Wildlife Reserve. Ideally positioned near the 405 and 101 freeways, the property offers excellent connectivity to North Hollywood, Studio City, Sherman Oaks, and major employment centers throughout the San Fernando Valley. A centrally located apartment community in a strong, established rental market with consistent long-term demand.

FOR SALE DETAILS

PRICE

$2,180,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

12

PRICE/UNIT

$181,667

CAP RATE

6.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,415 SF

ZONING

R3

APN/PARCEL ID

2328-013-050

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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