15022 Vanowen St - Apartments FOR SALE


Van Nuys, CA 91405
$5,600,000 USD
424-334-7011
15022 Vanowen St, Van Nuys, CA for Sale
$5,600,000 USD
Apartments - FOR SALE
1/10
null | 5.26% Cap Rate

15022 Vanowen St
Van Nuys, CA 91405


HIGHLIGHTS

  • Convenient Van Nuys Location- Walking Distance to Valley Presbyterian Hospital
  • Well Maintained Asset- Upgraded Electrical Sub-Panels, Some Units Renovated, Newer Roof and Copper Plumbing (buyer to verify)
  • Rental Upside- Currently Two Vacant Units
  • Attractive Metrics- Only $235/SF

OVERVIEW

15022 Vanowen Street is a 23,782 square foot apartment community constructed in 1971. Situated in the Van Nuys neighborhood, the property has a combined unit mix consisting of (4) One-Bed/One-Bath units, (13) Two-Bed/One-Bath units, and (7) Two-Bed/Two-Bath units, totaling an average of 881 square feet each.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

24

PRICE/UNIT

$233,333

CAP RATE

5.26%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Tree Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,954 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2235-006-049

ASK ABOUT THIS PROPERTY

Mike HanassabNorthmarqMore Info
424-334-7011

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Mike HanassabNorthmarqMore Info
424-334-7011

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