We are pleased to present well maintained 8 units building with at least 35% below market rents. Subject property is located in a very strong rental area of Van Nuys. The units have very low rents and therefore never a vacancy, Some units have balconies. Newer sewer line with 10 years warranty, 3 year old roof at the cost of $26,000 with warranty. Long driveway was resurfaced last year. Laundry room in the building, Please note this is a rent control building with Tucked under parking which requires soft retrofitting. Solid rental area and close to all. It is close proximity to all and provide lots of convenience to tenants. This building offers very low price/unit and low cost per square footage, A great investment property. PLEASE DIVE BY ONLY . Will not last. plenty of upside in rent . Ideal exchange property.
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