The property consists of 17 units with approximately 13,122 square feet of improvements situated on a 13,499 square foot lot, originally built in 1971. Per ownership, the property has completed retrofitting and has been recently painted, creating a strong foundation for a value-add investment strategy.
Located on a quiet, tree-lined residential street just blocks from Van Nuys Boulevard, the property benefits from close proximity to major transportation corridors, public transit, shopping, and civic amenities throughout central Van Nuys. The current unit mix includes
• 11 one-bedroom units
• 6 two-bedroom, two-bath units
The six larger units were created by combining pairs of one-bedroom units, and the secondary kitchens remain in
place, currently used as storage or additional sleeping areas. Based on the current configuration, there may be potential
for a future owner to re-separate these units and explore additional unit creation, along with possible ADU opportunities,
offering meaningful long-term upside.
112 days
|
57
|
1
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Zillow last checked:
Listing updated:
Listed by:
Arthur MangassarianDRE #00751703818-636-8899,
Re/Max Tri-City Realty,
Zareh AmirianDRE #02254561,
Keyes Real Estate
Source: CRMLS,MLS#: GD26066348Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 23
Bathrooms: 23
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: 2+ Common Walls
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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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