Property listed by Power Brokers, Helen Abrishami 424-738-5900
$1,650,000
Presenting a unique opportunity for investors looking to acquire a multi-unit residential property in the sought-after neighborhood of Van Nuys, just bordering Sherman Oaks. This six-unit property, is a balanced mix of four one-bedroom, one-bathroom units and two two-bedroom,one-bathroom units. Each unit is equipped with central air conditioning and heating,… Read More copper plumbing, and individual water heaters, providing essential comforts to tenants and enhancing the property's value.As a key value-added opportunity, the owner will provide RTI (Ready-to-Issue) plans for a two-unit accessory dwelling unit (ADU) on the property. These plans would add an additional 1,498 square feet of rentable space, offering immediate upside potential for increased income. With its prime location near major freeways, recreational facilities, and amenities, this property is a rare opportunity to acquire a strong, income-producing asset with significant future growth potential. Read Less
Listing Snapshot
Days Online
55
Last Updated
Property Type
Other
Beds
8
Square Ft.
4,520
Lot Size
0.21 Acres
Year Built
1953
MLS Number
24467419
30 Days Snapshot Of 91411
$1,124k
0%
(avg) sold price
0
-100%
homes sold
96
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal
Building
Built in 1953, Building area total: 4,520, Levels: One, Living area: 4520, 1 story, 1 building, Architectural style: SeeRemarks
Garage
6 spaces
Heating
WallFurnace
Income
Gross income: $117,117, Net operating income: $78,980
Lot
0.2137 acres, 9,307 square feet, Size: 9,307
Parking
6 totals parking, Garage
Pool
None
Property
Zoning: LARD1.5
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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