GREAT INVESTMENT OPPORTUNITY!! Property is zoned LAC2 with great potential commercial opportunity or create passive income in this Van Nuys (Lake Balboa adjacent) triplex! Live in one unit and let your tenants help pay down your mortgage!! Worried about the loan?!? Possibly use future rental income to help qualify! The front structure is an attached duplex consisting of two 1 bedroom and 1 bathroom units and the rear (third) unit is a detached studio. The property is conveniently located near the 405 freeway, Balboa Park, Sepulveda Dam Recreation Area, Orange Line Busway, golf, stores, schools, and restaurants. Property was appraised (Privately ordered for use by homeowner) @ $550,000 as of Aug. 1, 2014 (appraisal available upon request).
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