The Blackmar Group is pleased to present a multi-unit apartment building for sale in one of the most desirable rental communities in Van Nuys. This property consists of 4 units, each with 1 bedroom and 1 bathroom. The units all have their own electric, gas, and water meters, including a separate water heater for the laundry room. Each unit also has its own parking space. The building is currently fully occupied with month-to-month tenants paying under-market rents, making the purchase of this property a great opportunity for an owner that wishes to occupy one of the units or reposition the property. The land is also zoned LAR3 and designated as TOC Tier 1, which allows a density bonus for developers, making this property a desirable investment opportunity with development potential. This property is located near many major retailers such as Target, Costco, and Best Buy and is centrally located within close proximity to public transportation and major freeways.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
