15919 Vanowen St - Apartments FOR SALE


Van Nuys, CA 91406
$1,850,000 USD
818-640-4360
15919 Vanowen St, Van Nuys, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/15
null | 5.6% Cap Rate

15919 Vanowen St
Van Nuys, CA 91406


HIGHLIGHTS

  • Clean 9 unit building in excellent Lake Balboa rental pocket
  • Excellent unit mix of one and two bedroom units. Numerous upgrades including newer windows and copper plumbing
  • Units feature dishwashers, built in ovens, cooktops, and tiled kitchens, dining rooms and bathrooms
  • Tremendous upside in existing rents
  • On-site laundry and covered parking
  • Seismic retrofit complete

OVERVIEW

Equity Union Commercial is proud to represent this 9 unit property in Van Nuys. The property was built in 1962. The unit mix consists of (6) 1+1 units and (3) 2+1 units. With a lot size of 8,518 square feet, the property has a total of 6,450 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

9

PRICE/UNIT

$205,556

CAP RATE

5.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,518 SF

ZONING

R3

APN/PARCEL ID

2224-028-042

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union CommercialMore Info
818-640-4360

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Cindy HillEquity Union CommercialMore Info
818-640-4360

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