7
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$2,200,000
Est. payment /mo
3 Beds
2 Baths
0.29 Acres Lot
Contingent
14306 Vanowen Street Van Nuys, CA 91405
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID P1-21290
Bedrooms 3
HOA Y/N No
Lot Size 0.295 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Located on Vanowen Street in Van Nuys, CA this two parcel [(14306 Vanowen : APN# 2237-004-038) and 14310 Vanowen : APN# 2237-004-039)] investment opportunity is a twelve unit apartment complex offering (4) - 2 bed / 1 bath and (8) - 1 bed / 1 bath units. Situated behind upgraded security gates, this property offers a clean investment opportunity that has +/-68% upside in rental potential. The properties have been upgraded with new double paned windows as well as copper plumbing (buyer to verify). Furthermore, the property does not require seismic retrofit due to the covered parking at the rear portion of the property. A savvy investor may investigate the opportunity to construct ADU's at the rear portion of the property for additional value-added investment stewardship.
Located on Vanowen Street in Van Nuys, CA this two parcel [(14306 Vanowen : APN# 2237-004-038) and 14310 Vanowen : APN# 2237-004-039)] investment opportunity is a twelve unit apartment complex offering (4) - 2 bed / 1 bath and (8) - 1 bed / 1 bath units. Situated behind upgraded security gates, this property offers a clean investment opportunity that has +/-68% upside in rental potential. The properties have been upgraded with new double paned windows as well as copper plumbing (buyer to verify). Furthermore, the property does not require seismic retrofit due to the covered parking at the rear portion of the property. A savvy investor may investigate the opportunity to construct ADU's at the rear portion of the property for additional value-added investment stewardship.
Located on Vanowen Street in Van Nuys, CA this two parcel [(14306 Vanowen : APN# 2237-004-038) and 14310 Vanowen : APN# 2237-004-039)] investment opportunity is a twelve unit apartment complex offering (4) - 2 bed / 1 bath and (8) - 1 bed / 1 bath units. Situated behind upgraded security gates, this property offers a clean investment opportunity that has +/-68% upside in rental potential. The properties have been upgraded with new double paned windows as well as copper plumbing (buyer to verify). Furthermore, the property does not require seismic retrofit due to the covered parking at the rear portion of the property. A savvy investor may investigate the opportunity to construct ADU's at the rear portion of the property for additional value-added investment stewardship.
Location
State CA
County Los Angeles
Area Van Nuys (91405)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $1,110
Listing Terms Cash
Listed by Casey Picard • Keller Williams Realty