New plastered poolOn-site parking spacesDesirable unit mixAmple on-site parkingOn-site laundry facilities
Presenting multifamily Investing opportunity located in Lake Balboa/Van Nuys Submarket, presents a well-maintained (14 units total includes on-site parking spaces some accessible from the rear alley, pride-of-ownership multifamily asset in one of the San Fernando Valley’s most consistent rental markets. The property offers a strong combination of quality upkeep, and a highly attractive location within close proximity to major employment, education, and retail hubs. The building features a desirable unit mix of four 6- One Bedroom/1-Bath units 5 Two Bedroom/1 bath units and 3 spacious 3-Bedroom/2-Bath units, Each unit is equipped with wall A/Cs, enhancing tenant comfort and overall rental appeal, while being individually metered for gas and electric, helping to reduce owner expenses and improve operational efficiency. Recent capital improvements includes new plastered Pool and new pool equipment in 2023 and new water heater in 2025, minimizing near-term maintenance costs for a new owner. The property also offers ample on-site parking and on-site laundry facilities, both highly desirable amenities that contribute to tenant retention. With long-term tenants currently in place, the asset provides immediate income stability with potential for future rental upside. the nearby Northridge Metrolink Station, while Van Nuys Airport is just a short drive away. 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.
101 days
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47
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0
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Zillow last checked:
Listing updated:
Listed by:
Josephina FajardoDRE #00913671818-203-4766,
Del Sol Realty
Source: CRMLS,MLS#: SR26066937Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 17
Cooling
Wall/Window Unit(s)
Appliances
Laundry: Common Area
Features
Has fireplace: No
Fireplace features: None
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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