15314 Gault St - Apartments FOR SALE
Van Nuys, CA 91406 |
15314 Gault St
Van Nuys, CA 91406
HIGHLIGHTS
- Not subject to LA RSO
- Value-add opportunity with 10 unrenovated units remaining
- Proven interior renovation strategy with turned units achieving, on average, nearly $330 above unrenovated units
- Job-rich, commuter location in San Fernando Valley with quick access to the I-405, the Metrolink Van Nuys station, and the Van Nuys Airport
- Excellent submarket metrics with only 3.0% vacancy on average and a projected submarket rent growth of 5.0% annually for the next two years
- High barrier to homeownership— avg area home price in 91406 Van Nuys is $853,000. Area residents save nearly $2,200/mo by renting at Latitude
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Latitude Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
39571
STORIES
3
YEAR BUILT
1979
PARKING SPACES
72
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
2222-032-012
