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Sold for $955,000
  • Listed by: Keller Williams Realty-Studio City • James Antonucci • Contact: 818-432-1513
    Bought with: Keller Williams Realty-Studio City
    $955,000

    15840 Vanowen St, Van Nuys, CA 91406

    7beds
    4baths
    3,349sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $285/sqft
    $3,317 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,317/mo

    Zestimate® history
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    What's special

    Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation. The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Strategically located, the property provides easy access to major freeways, including I-405 and US-101, ensuring seamless connectivity to key business hubs and surrounding neighborhoods. Residents will enjoy proximity to essential shopping and transit options, including Van Nuys Costco, Van Nuys Airport, and nearby retail centers. The area's strong rental demand further enhances the property’s investment potential. With its prime location, modern upgrades, and future income growth opportunities, 15840 Vanowen St is a must-see investment for those looking to expand their multifamily portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Antonucci DRE #01822661 818-381-6601,

    Keller Williams Realty-Studio City,

    Michael Pesci DRE #01274379 818-432-1627,

    Keller Williams Studio City

    Bought with:

    James Antonucci, DRE #01822661

    Keller Williams Realty-Studio City

    Source: CRMLS,MLS#: SR25076834MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,349
    • Total interior livable area: 3,349 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport
    • Carport spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,503 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 2233010007
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Van Nuys

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $282,383
    • Annual tax amount: $4,354
    • Date on market: 4/8/2025
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    5/29/2025Sold$955,000-1.5%$285/sqft
    Source: CRMLS #SR25076834 Report a problem
    4/9/2025Contingent$970,000$290/sqft
    Source: CRMLS #SR25076834 Report a problem
    4/8/2025Listed for sale$970,000+470.6%$290/sqft
    Source: CRMLS #SR25076834 Report a problem
    6/1/1994Sold$170,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,354 +2.3%$282,383 +2%
    2024$4,257 +1.6%$276,847 +2%
    2023$4,191 +4%$271,420 +2%
    2022$4,029 +1.5%$266,099 +2%
    2021$3,969 -0.7%$260,882 +1%
    2020$3,997 $258,208 +2%
    2019$3,997 +6.8%$253,147 +2%
    2018$3,742 $248,185 +2%
    2017$3,742 +3.2%$243,319 +2%
    2016$3,627 +3.1%$238,549 +1.5%
    2015$3,517 -0.1%$234,967 +2%
    2014$3,520 $230,365 +2.5%
    2012-- $224,829 +2%
    2011-- $220,422 +0.8%
    2010-- $218,776 -0.2%
    2009-- $219,296 +2%
    2008-- $214,997 +4%
    2006-- $206,651
    2005-- $206,651 +6%
    2003-- $194,989 +2%
    2002-- $191,167
    Find assessor info on the county website

    Neighborhood: Lake Balboa

    Nearby schools

    GreatSchools rating
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