14306 Vanowen Street new

Van Nuys (los Angeles),CA 91405

$ 2200000

- Bed

- Bath

8205 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,205 sqft

Price per Sqft $268

MLS Listing ID CRP1-21290

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1955

Lot Size 0.295 Acres

Property Sub-Type Other

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.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Community Facility

Exterior

View None

Building

Lot Description Other

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