Great investor opportunity in Van Nuys. Steps to the court houses and public transportation. A total of three units (1 bed, 2 bed, 2 bed) and all have one bathroom each. Units have wood or laminate floors and the building was completely refurbished in 2007 which minimizes deferred maintenance. Zoned R3 so there is development potential as well. Rent now and build in the future. Many possibilities with this cash cow. There is a detached three-car garage which can bring in extra income. Expenses are minimal as tenants pay for gas and power. Landlord only pays for water, property taxes, gardener, and insurance. Added bonus, the property does have water sub-meters installed, so a savvy owner could eliminate water expense too. Current income is listed in setup.
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