GREAT OPPORTUNITY on this Pride of ownership 5 unit Condo Style Gated Apartment Building built in 1991. Located in the heart of Van Nuys near City Hall and walking distance to public transportation. 4 of the units are 2 bedrooms plus 1.5 baths. 1 unit is 3 bedrooms and 1.5 baths. Each tenant has 2 parking spaces with a remote controlled security gate. Minimum amount of tenants living in the building. There is a common laundry room. Machines are leased. This updated and well maintained building has a newer roof, newer hot water heater, newer sewer line and all newer building plumbing. Exterior was recently painted. Each unit has Central A/C & Heat. All unit's ductwork was recently cleaned. Some of the units have updated laminate flooring with granite countertops. Bedrooms are located upstairs with a full bath and downstairs is the living room with a dining area, kitchen and 1/2 bath. Lots of upside on this opportunity providing for a solid long term investment with immediate added value. Its prime location near public amenities, transportation and shopping adds to its desirability for tenants, ensuring consistent occupancy rates. With additional room for rental increases, this property presents a unique opportunity for investors seeking stable returns and long term appreciation.
We are proud to represent this 6 unit apartment building in Van Nuys. The property was built in 1957. Its unit mix consists entirely of (6) 2+1 units. With a lot size of 6,879 square feet, the property has a total of 5,684 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity.
NEW CONSTRUCTION AND NO RENT CONTROLLED 6-unit located in the "The Heart of the Valley" VAN NUYS. Close to the 405 freeway, Westfield Fashion Square, restaurants and much more. This property is made up of three separate 3-story buildings. The front two units are each 4 bedrooms, 5 bathrooms, the middle two units are 4 bedrooms, 4 bathrooms each and the rear two units are 3 bedrooms, 4 bathrooms each. Property also has 7 parking spaces within the gated property. The location and modern look of the property makes it easy to rent. 6 all separate water, gas and electrical meters make it perfect for any investor looking to add to their property profile. PAID OFF SOLAR PANELS make it ideal to minimize the electricity bill. Little to no maintenance for years to come make it perfect for any investor.
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, 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.
The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value***Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed***Approximately $500,000 has been invested in capital improvements to enhance the building***New Roof, New Elevator***18 of the 21 units have been upgraded***Over 70% 2+2 units***Contact us for an OM***
Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 4.75% interest for 5 years, with a $1,257,750.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath townhome style units. Each unit features contemporary interiors with well-appointed kitchens, inviting living areas, and comfortable bedrooms. Residents will appreciate the convenience of on-site laundry facilities and dedicated parking spaces.
Presenting 6461 Woodley Ave, a newly constructed multifamily property completed in 2024 in Lake Balboa, CA. This exceptional asset includes five residential units plus an attached ADU, making 6 units, all vacant and ready for immediate leasing. Projected to generate approximately $23,650 in monthly rental income, this property offers an estimated annual gross revenue of $283,800 and a solid 5.6% cap rate, making it an ideal opportunity for 1031 exchange buyers seeking a high-quality, income-generating asset with strong returns.Located just minutes from the 405 and 101 freeways and close to Lake Balboa Park's trails, lakes, and green spaces, this property provides a unique blend of urban accessibility and recreational amenities, enhancing its tenant appeal. Each unit features open-concept layouts, premium laminate flooring, modern white kitchens with stainless steel appliances, and in-unit washers and dryers, ensuring a comfortable and contemporary living experience. Additional features include 10 parking spaces accessible from the rear alley, an added benefit for both tenants and investors in this high-demand area. With its turnkey status, minimal maintenance requirements, and strong rental potential, 6461 Woodley Ave offers an exceptional investment in the growing Van Nuys market.
Prime Investment Opportunity in Van Nuys! This highly desirable multi-residential property boasts a consistently high occupancy rate, with units rarely vacant. Offering a total of 8 units, the building includes seven spacious 2-bedroom, 1-bathroom apartments, along with a unique 3-bedroom, 2-bathroom unit. Recent improvements add tremendous value: the roof was installed in 2023, plumbing upgrades have been made throughout, and the building has been earthquake retrofitted for added peace of mind. Seize the chance to own in one of Van Nuys' most sought-after locations—an investment gem you won’t want to miss!
RTI, Ready to start construction6 units Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915 Rents per Section 8: 2 BR 2 BA $3052 All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information
We are proud to represent this 6 unit apartment building in Van Nuys. The property was built in 1966. Its unit mix consists of (2) 1+1 units, (2) 2+1 units, and (2) 3+2 units. With a lot size of 6,000 square feet, the property has a total of 5,460 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
KW Commercial is proud to present an exceptional investment opportunity in a highly desirable location. 2 VACANT UNITS were fully remodeled. Each of the four 1-bedroom, 1-bathroom units is individually metered for utilities and features in-unit laundry. Two units include a flexible bonus room, perfect for a home office or additional storage. With two 2-car garages and plenty of additional street parking, residents enjoy convenient and secure parking. Fantastic value add! Expenses are estimated.
This Is a Money Maker! Fully Rented 6-Unit Apartment Building. Discover a prime investment in this well-maintained two-story, six-unit apartment building, generating impressive monthly income of $13,000. The garage is kept for owner storage and could be rented for even more income. With the potential to increase revenue by several thousand more through assistance programs, this property is a lucrative opportunity for any investor. The building features: Unit Composition:1 spacious 3-bedroom, 2-bath apartment2 comfortable 2-bedroom, 1-bath apartments3 cozy 1-bedroom, 1-bath apartments. Each unit is adorned with elegant hardwood or bamboo flooring, creating a warm and inviting atmosphere. The property includes a lovely, enclosed courtyard, perfect for relaxation and community enjoyment. Additional highlights: Parking: Four dedicated carport spaces, with one assigned to each apartment, plus a two-car garage currently utilized for storage by the owner. Location: Centrally situated near the 405 and 101 freeways, just blocks from Los Angeles Valley College, ensuring high demand and easy access for tenants. This property not only offers solid cash flow but also presents opportunities for increased income through strategic enhancements. Don't miss your chance to invest in this exceptional asset!
Great opportunity to own 6 units with potential residential investment adjacent to Lake Balboa in Van Nuys west of the 405. This property has four units (two 2BR/1BA and two 1BR/1BA units) plus a 2BR/1BA ADU and Studio Junior ADU. ADU's are completed in 2021 and include central air, washer/dryer, and stainless appliances. Original fourplex has potential for 40 to 50% increase in income at market rates. 2BRs in the fourplex have an extra bonus room, which could be converted to a 3rd bedroom for additional income. In a prime location, this property is close to the Woodley Lakes Golf Course, Van Nuys Golf Course, Sepulveda Basin, The Japanese Garden, and Balboa Lake. Easy access to the 405 and 101 freeway. Current GRM is 17.4 with a cap of 4.38% with an unheard of full market GRM of 13.5 and 6% cap. Because the property is a four-plex plus ADU and Junior, buyers should check with lenders and potentially be able to get 1-4 unit residential financing. This is a unique opportunity to own 6 units at residential financing rate and terms, with long term potential at market rates. Priced at $299K/unit, this will sell quickly, so bring your offers!
Discover an exceptional investment opportunity with this multi-unit property in the heart of Van Nuys, featuring 5 units within a 2,383 sq ft building on a spacious 6,748 sq ft lot. Nestled in a vibrant neighborhood, this property is just moments away from local parks, shops, and dining options, offering tenants a convenient and enjoyable lifestyle. With a strong rental market and easy access to public transportation and major freeways, this property is ideal for investors looking to maximize their return or for those wanting to live in one unit while renting out the others. Don't miss your chance to capitalize on this prime location! One Unit is Vacant for possible Owner Usage or Be ready to rent out!! ***Retrofit Completed at this Property***
Attention Developers! This is a fantastic opportunity to acquire a double lot totaling 15,000 sq. ft. with approved plans to build a 24-unit complex in the heart of Van Nuys, on one of the most sought-after streets in the area. The approved plans feature a mix of 20 two-bedroom/two-bath units, 3 three-bedroom/two-bath units, and 1 one-bedroom/one-bath unit. Located in a prime area within walking distance of dining, entertainment, shopping, and public transportation, it is just minutes away from Sherman Oaks and Ventura Blvd. Don’t miss this incredible chance to bring this remarkable project to life!
Consider the opportunity to develop a new nursery or residential project in Valley Glen, a prime area within Van Nuys, popular for both multifamily and office developments. This presents an outstanding investment opportunity for seasoned investors and developers. The lot, spanning 19,961 square feet, is zoned R3 (16,817.33 sq. ft.) and R1 (3,151.3 sq. ft.). There are three development options to explore:1. **Unlimited Density**: A request can be made for unlimited density if the project is 100% affordable housing for senior citizens (55+), potentially allowing for 100+ units with no parking requirements. 2. **49 Units**: A plan that includes 49 units, with 7 units designated for low- and moderate-income tenants. 3. **RTI Ready**: The property is already entitled and RTI ready, with plans for a luxury apartment complex featuring 23 units over 31,150 square feet, along with a 1,200-square-foot ADU. Each option provides a unique opportunity for significant returns in this sought-after location.
14146 Friar Street is a triplex constructed in 1942. Situated in the city of Van Nuys, the property consists of (2) Two-Bedroom/One-Bath units and (1) Three-Bedroom/One-Bath unit. The triplex is located between Friar Street and Sylvan Street. With rents well below market rate and the potential to add an ADU in the freestanding garage at the rear of the property, 14146 Friar Street presents an incredible investment opportunity for a savvy owner.
We are proud to present this 7-unit apartment building in an excellent Van Nuys location mere blocks from Sherman Oaks. The property is subject to LACity Rent Control. There is an excellent unit mix that includes (1) 3 bedroom and 2 bath one story apartment home with private yard and (6) single units. Residents enjoy parking as well as on-site laundry facility. The property is minutes from the Sheman Oaks Recreation Center and Westfield Fashion Square. Access to the 101 and 405 Freeway's is nearby, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own a well-located building with great upside potential and exellent cap rate!!
This 8 unit property is located in Van Nuys near the corner of Sherman Way and the 405 freeway.Built in 1986, this building is exempt from the LA Rent Stabilization Ordinance (RSO) and has an attractive unit mix of all 2 bedroom units. Additionally, there is an assumable loan at 4.55% interest only fixed until July 2027. Priced at a 5.58% CAP, which includes the two vacant units with Section 8 rents, there is approximately 33% in rental upside.The sellers have fully remodeled all of the units with new paint, flooring, countertops, and appliances. In addition, they've replaced 2 of the 8 HVAC condensers, painted the exterior of the building, installed artificial grass in the front, and installed security cameras throughout the building.
Well maintained 6-unit building in Lake Balboa, one of the most sought after neighborhoods in LA. Close to shopping, markets, less than 2 miles from Balboa Park. Fully rented, 5 of the units have laminate and ceramic tile floors.All the exterior facing windows have been replaced, roof completely replaced in 2019. Owner pays water/power for bldg., so the next owner can pay to have split meters for each unit thus greatly increasing the net income. Owner pays a service company to lease the washer/dryer. Each unit has wall AC unit, and wall gas heater. Four units are 1 bed 1 bath, 2 units are 3 bed 1 bath. Owners monthly expenses: $1000 water/power, $400 trash, $75 pest control, $100 gardening, $43 for laundry lease/ maintenance. Each unit has one assigned parking space. Plently of street parking. Across from the new Vallarta super market/ tortilleria/ bakery. Approx 70% of owners expense is that the building has one water meter. A new owner could apply to LADWP for permission to have this split so each unit has its own individual water bill thus greatly reducing the owner's monthly expenses. Seller is highly motvated. Seller is not doing a 1031 tax exchange so closing can be quick. (The annual rent control rent raise is February.)
Rare find! Two properties being sold together. 6803 Matilija Ave. and 13815 Vanowen St. a corner lot. Currently stands a Single Family Residential and Multi Residential of 8 units, living area of 4524 SF. all units are occupied bringing income . Desirable area of Van Nuys, close to all. Investors and Developers dream property. Total lot size 19750 SqFt. Zoning RD1.5 . Single family residence is 3bd, 3bth, living are 1,636 SF. Call for more details. Don't miss this gem. Priced for value of land and potential. Check Supplement. RTI Plan of 87 units , 5 story, low income, buyer to pay and continue RTI plans and permit. Seller to do 1031 exchange.
Unlock the potential of this duplex ideally situated just adjacent to Sherman Oaks! With its prime location and versatile features, this property is a perfect candidate for a cosmetic fix and flip, long-term hold, potential ADU conversion, or even new construction! Each unit offers well-designed floor plans, including their own laundry room, plenty of parking (double car garage, a car port, and plenty of street parking). Seller is motivated. Buyers to cooperate with Sellers 1031 exchange at no cost to Buyer. ********* DO NOT DISTURB TENANTS**********
This unique, gorgeous gated duplex has been extensively upgraded over the years and is located in a prime Van Nuys/Sherman Oaks neighborhood, close to METRO, Van Nuys Court House, shopping, etc. There are 2 large two-story units with a combined 3590 sq. ft. The property exudes true "Pride of ownership." Here are a few notable features:The FRONT HOUSE has 3 bedrooms and 2 baths. The downstairs bedroom functions as an office. The entire home boasts renovated laminate flooring, LVP flooring in the bathrooms, and newer vanities. The kitchen has abundant custom cabinets with soft close, pantry pull-out shelves, two lazy Susan cabinets, granite countertops with mosaic backsplash, and under-cabinet lighting. Other features include recessed lighting, Lutron smart lighting switches, a smart nest thermostat, a newer water heater, and more. The BACKHOUSE (14347 Tiara) is newly painted and features three bedrooms and three bathrooms. It includes a high ceiling, a large living room with a cozy fireplace, new blinds, and a master suite with its own bath, balcony, and double closet. All bedrooms are located on the second floor. The property is gated with an automatic gate opener, separate entry with a mechanical digital gate lock, two oversized two-car garages with custom doors and openers, direct access into the houses from the garages, laundry hook-ups, security surveillance system with cameras, sprinklers in the front yard with an automatic programmable timer, and a new roof installed in 2020. Additionally, it has one water meter but separate electrical and gas meters.
LIKE NO OTHER: Introducing this stunning 6-Unit modern contemporary 3 story townhouse style, 2024 NEW CONSTRUCTION with NO RENTROL, (lot size: 10,082 and the combined living Sq Ft 10,422 & 21 bedrooms/21 full size bathrooms & 5 powder rooms and 12 unrestricted parking spaces) located in the Van Nuys submarket of the San Fernando Valley. Only $649,000 per unit: this Van Nuys neighborhood is experiencing incredible growth and an overflow from young professionals along with multi-generational families. The Developer has paid careful attention to all the details of the building to stand out from other new buildings. The subject property is in high-demand rental location near the Van Nuys Courthouse, the restaurants and shops along Ventura Blvd (which are minutes away), commuters enjoy easy access to the 101 and 405 freeways, major public transportation (Metro Orange Line), and Hospitals (Valley Presbyterian). These units offer a great option for young professionals looking for an ideal co-living arrangement. Experience unparalleled luxury with upscale finishes and impeccable construction quality. Each unit is separately metered, ensuring the landlord incurs no utility expenses. Discover generously sized bedrooms with ample closet space and sleek, modern bathrooms. The open floor plans boast spacious living rooms, dining areas, and gourmet kitchens equipped with stainless steel appliances and quartz countertops and balconies. Enjoy the convenience of an in-unit laundry, central HVAC, and fully paid-off solar panels. This property offers a unique blend of contemporary amenities, cost-saving features, and income potential, making it a highly recommended investment option in the Van Nuys submarket. This area is one of the most densely populated areas within the Los Angeles City. Don't miss out on the opportunity to earn positive cash flow with annual rent increases, leverage new construction tax benefits, minimize maintenance costs, 1 Yr. fit and finish builder’s warranty. Make this the one and witness appreciation in one of the San Fernando Valley’s most historically robust markets. Call today, we welcome your 1031 exchange here!
Van Nuys is located in California.
