The Azzi Group of Marcus & Millichap is pleased to present 14646 Kittridge St, a five-unit multifamily investment opportunity situated in the Van Nuys submarket of the San Fernando Valley, benefiting from strong rental demand and convenient access to major freeways.
14646 Kittridge St offers a compelling value-add multifamily opportunity in the heart of Van Nuys, a central and supply-constrained San Fernando Valley submarket. The five-unit property sits on a 7,500 SF LARD1.5-zoned lot and features a highly desirable unit mix of two studios, two one-bedroom units, and a four-bedroom single-family residence, providing diversified income and broad tenant appeal.
Recent capital improvements, including a new roof and upgraded electrical, along with separately metered electricity, enhance operational efficiency and reduce near-term capital needs. In-place rents remain below market, creating a clear path to value creation through rent repositioning and interior upgrades.
Strategically located east of the 405 Freeway and north of the 101 Freeway, with close proximity to Ventura Boulevard amenities, 14646 Kittridge St presents investors with an executable value-add opportunity and meaningful long-term NOI growth potential.