This is an incredible opportunity to acquire a well
located 16 unit apartment in the highly desirably Van
Nuys neighborhood. Built in 1976, this two-story
building totals 8,022sf in size, and is comprised of (14)
studio units and (2) 1 bedroom units, with Two units being
delivered vacant, remodeled, and in rent ready
condition.
On a 13,200sf lot zoned R3, with 100’ frontage
offering tons of open space, 16 total parking spaces,
and huge opportunity to add value or potential major
development. Other notable features include a coin operated
laundry room, rooftop access, secured access
w/ intercom, and the entire property was recently
painted.
Great rental market and convenient location between
Van Nuys & Burbank Airports, near Multiple Freeway
Access, & Major Developments. ACTUAL 6% CAP / 9.4 GRM!
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Zillow last checked:
Listing updated:
Listed by:
Brian NohDRE #014381559493085775,
Nohco Real Estate
Source: CRMLS,MLS#: OC26160592Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 16
Rooms
Room types: Kitchen, Living Room
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Gas Range, Range Hood, Water Heater
Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
Granite Counters, Open Floorplan, Quartz Counters
Flooring: Carpet, Tile, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall