16021 Olympiad Ln - Apartments FOR SALE


Van Nuys, CA 91406
$615,000 USD
949-727-9011
16021 Olympiad Ln, Van Nuys, CA for Sale
$615,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

16021 Olympiad Ln
Van Nuys, CA 91406


HIGHLIGHTS

  • Fully-leased duplex with long term tenants
  • Below market rents
  • Individually metered, tenants pay electric/gas
  • Just minutes off 405 Fwy near Vanowen and Woodley
  • Rent Roll and Income/Expense documents available on request

OVERVIEW

Auction - List price is opening bid; 5% Buyer's Premium; Online bidding ends November 6th; Property sold "as-is"; see Property Information Package for complete terms of sale

FOR SALE DETAILS

PRICE

$615,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

2

PRICE/UNIT

$307,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - 2-Unit Value-Add Duplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,986 SF

ZONING

-

APN/PARCEL ID

2233-020-040

ASK ABOUT THIS PROPERTY

Michael WaltersTranzon Asset StrategiesMore Info
949-727-9011

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Michael WaltersTranzon Asset StrategiesMore Info
949-727-9011

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