$5,950,000
$5,950,000
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3 Beds
4 Baths
0.43 Acres Lot
SOLD DATE : 03/21/2023
Key Details
Sold Price $5,950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23030485
Sold Date 03/21/23
Bedrooms 3
HOA Y/N No
Lot Size 0.433 Acres
Property Description
A RARE OPPORTUNITY TO OWN A LATE 80S BUILDING, PRIDE OF OWNERSHIP 24 UNITS: 1 - STUDIO, 5 - 1 BEDROOM 1 BATH, 18 - 2 BEDROOMS 2 BATHS, LOCATED IN VAN NUYS, LOW RISE STYLE TWO-STORY APARTMENT WITH GATED ACCESS TO BOTH UNIT AND PARKING. MOST UNITS WITH BALCONY/PATIO, CLOSE TO ALL SHOPPING, TRANSPORTATION AND 405/101 FREEWAYS. ALL UNITS HAVE NEWER REMODELED KITCHEN WITH GRANITE COUNTERTOPS, FIRST FLOOR UNITS INSTALLED WITH LAMINATED FLOORINGS. THE PROPERTY IS EQUIPPED WITH TANKLESS WATER HEATERS, CENTRAL A/C AND HEATING, COIN-OPERATED LAUNDRY FACILITY, THERE ARE RENTABLE STORAGE SPACES AVAILABLE TO TENANTS. A MULTIFAMILY TRUE GEM IN SAN FERNANDO VALLEY WITH ADDITIONAL UPSIDE FOR THE NEW INVESTOR.
A RARE OPPORTUNITY TO OWN A LATE 80S BUILDING, PRIDE OF OWNERSHIP 24 UNITS: 1 - STUDIO, 5 - 1 BEDROOM 1 BATH, 18 - 2 BEDROOMS 2 BATHS, LOCATED IN VAN NUYS, LOW RISE STYLE TWO-STORY APARTMENT WITH GATED ACCESS TO BOTH UNIT AND PARKING. MOST UNITS WITH BALCONY/PATIO, CLOSE TO ALL SHOPPING, TRANSPORTATION AND 405/101 FREEWAYS. ALL UNITS HAVE NEWER REMODELED KITCHEN WITH GRANITE COUNTERTOPS, FIRST FLOOR UNITS INSTALLED WITH LAMINATED FLOORINGS. THE PROPERTY IS EQUIPPED WITH TANKLESS WATER HEATERS, CENTRAL A/C AND HEATING, COIN-OPERATED LAUNDRY FACILITY, THERE ARE RENTABLE STORAGE SPACES AVAILABLE TO TENANTS. A MULTIFAMILY TRUE GEM IN SAN FERNANDO VALLEY WITH ADDITIONAL UPSIDE FOR THE NEW INVESTOR.
Location
State CA
County Los Angeles
Area Van Nuys (91406)
Zoning Assessor
Interior
Appliance Forced Air Unit
Exterior
Pool Below Ground, Community/Common
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $267
Acceptable Financing Exchange
Space Rent $900
Listing Terms Exchange
Financing Cash
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Bought with General NONMEMBER • NONMEMBER MRML
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