Rare opportunity to purchase a newer-construction (2007) 4-unit apartment building in a prime Van Nuys location. This turnkey investment offers spacious units with contemporary layouts, high ceilings, central heating and air conditioning, private outdoor space, quality finishes, and on-site parking. Built after the City's 1978 rent control cutoff, the property is generally exempt from the Los Angeles Rent Stabilization Ordinance (buyer to independently verify). Ideally situated near employment centers, shopping, restaurants, and major transportation corridors, this asset presents an outstanding opportunity for stable cash flow with continued rental growth potential. Do not disturb tenants.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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