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Listed by Casey Picard • Keller Williams Realty
$ 2,200,000
Est. payment /mo
New
14306 Vanowen Street Van Nuys (los Angeles), CA 91405
UPDATED:
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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