5934 Buffalo Ave - Apartments FOR SALE


Van Nuys, CA 91401
$3,950,000 USD
213-631-8788
5934 Buffalo Ave, Van Nuys, CA for Sale
$3,950,000 USD
Apartments - FOR SALE
1/40
null | 4% Cap Rate

5934 Buffalo Ave
Van Nuys, CA 91401


HIGHLIGHTS

  • Strong Neighborhood Fundamentals
  • Walkable Access to Daily-Needs Retail
  • Walkable Access to the Metro G Line(Orange Line) at Woodman Station
  • Connectivity to Major Employment Hubs
  • Affordability-Driven Demand Profile

OVERVIEW

5934 Buffalo Avenue presents a compelling opportunity toacquire a 15-unit multifamily asset in one of the San FernandoValley’s most consistently occupied and supply-constrainedrental corridors. The property offers investors the ability tocapture meaningful upside through a proven value-add strategy,supported by strong in-place demand and a deep renter pooldriven by affordability and central location.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

15

PRICE/UNIT

$263,333

CAP RATE

4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,486 SF

ZONING

LARD4

APN/PARCEL ID

2343-001-043

ASK ABOUT THIS PROPERTY

Jenny EngCBREMore Info
213-631-8788

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

Jenny EngCBREMore Info
213-631-8788

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