Value investment opportunity in the heart of Van Nuys and SVF. This triplex features two 2-bed/1 bath and one 1 bed/1 bath unit mix. All units are furnished at this time and set up for either mid-term or long-term tenancy (see Inclusions for more details). The back 2-bedroom has a fenced-in private patio with an orange tree and direct access to one of the garages. It has the vibe of an exclusive ADU residence. All units were updated in various degrees with laminate flooring, tiled bathroom with pedestal sink, windows, and HVAC system. The front 2-bedroom also has the kitchen remodeled with the replacement of cabinets, stainless steel sink and corian countertops. The roof is newly replaced in January 2024. There is a 3-car detached garage building in the back facing the alley with a laundry room set up for two sets of washer and dryer as well as a covered carport. This is an amazing investment addition to your real estate portfolio or seeking a home to live in with additional income to offset the mortgage payment.
We proudly present The Mammoth Court Apartments located in the highly sought-after pocket of Valley Glen. 6444 Mammoth Ave offers a unit mix of (4) spacious two-bedroom + one-bath apartments and (2) one-bedroom + one-bath units for a total of 6 units. The property includes tenant amenities such as an onsite laundry facility, covered onsite parking, and a tranquil sitting area. Moreover, the property just adjacent located on 6438 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with an interest rate of 4.41% fully amortized due in 2027 with Chase Commercial loan financing. Its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!
We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!
Great Investment Opportunity! Townhome style. Two Floors. All units are two bedrooms and two baths. All units are tenants occpied. Common launrdy area. One parking space back of the building for each unit. Close to Van Nuys City Hall, shopping centers, schools, FWYS 101/405/170.
We are pleased to present a sixteen (16) unit apartment building located at 6535 Fulton Avenue in Los Angeles, California. The subject property is situated in a great Valley Glen location, north of Victory Boulevard and east of Van Nuys Boulevard. Built in 1963, this property contains an incredible unit mix of eleven (11) two-bedroom / one-bathrooms units, two (2) two-bedroom / two-bathroom units, and three (3) three-bedroom / two-bathroom units. One (1) unit will be delivered vacant. Select units were recently refurbished with new flooring and remodeled bathrooms and kitchens. Both the bathrooms and kitchens feature beautiful granite countertops, bright white cabinets, and stainless steel appliances. Each unit is very spacious averaging around 1,000 square feet. Residents can take advantage of the property's on-site amenities, such as laundry facilities, thirteen (13) covered parking spaces, three (3) uncovered parking spaces, a courtyard swimming pool, and a quaint, grassy front yard. The property includes a very large vacant storage space that can be easily converted into an ADU. The subject property is situated in Valley Glen, one (1) block south of Fulton Avenue Park. Valley Glen is a dynamic and diverse family-friendly portion of the San Fernando Valley that offers plenty of fun activities, good local food, great parks, and nice buildings. Situated in a great Valley Glen location, this offering presents an excellent opportunity for any investor to capitalize on the strong rental upside in a core market of Los Angeles.
We are pleased to present 14248 Gilmore St, a 2-story, 7-unit, true value-add multi-family investment opportunity with approximately 65%+ rental upside potential, located in the highly desirable Van Nuys submarket of Los Angeles, just east of Van Nuys Boulevard and north of Victory Boulevard. Built in 1960, the building is comprised of 1 (2+1), 5 (1+1), and 1 single units that average approximately 704 gross square feet. The 4,931 square foot structure is situated on a 7,500 square foot, LA[Q]RD1.5-1 zoned lot that includes 7 individual parking spaces. The property features spacious units with lots of natural light. Select units boast new flooring, fresh paint, wall AC units in living rooms, large mirrored closets in bedrooms, updated kitchens with new stoves, and dining areas are adjacent to the kitchens. The building is separately metered for gas & electric and provides tenants with assigned parking, on-site laundry, and included water and trash services. With a great WalkScore of 85, the property's central Van Nuys location offers residents easy access to countless shopping, dining, public parks, and recreation options in Van Nuys, Sherman Oaks, Lake Balboa, and Panorama City. The Sepulveda Recreation Area, which is home to Balboa Golf Course, Sepulveda Sports Complex, The Japanese Garden, and Lake Balboa, is 1.8 miles to the west. The 405 Freeway is 1.7 miles to the west of the property, and the 101 Freeway is 2.3 miles to the south. The 170 Freeway is only 2.4 miles to the east, the 5 Freeway 5.6 miles to the northeast, and the 118 Freeway can be accessed 7.2 miles to the north. The Metro G Line (Orange) Busway, which runs almost the length of the entire San Fernando Valley and connects to the Metro Red Line to Downtown Los Angeles, can be accessed at the Van Nuys Metro G Line (Orange) Station, only 0.7 miles to the south. The East San Fernando Valley Light Rail Transit Project, currently under development, will significantly enhance the connectivity and transportation options for residents. This 9.2-mile light rail project will improve connections and access to key destinations while reducing congestion and fostering economic growth along the route.14248 Gilmore St is well-positioned for a skilled value-add investor, with the building's front garages presenting a prime ADU conversion opportunity, and a higher-end renovation program would optimize market rents, appreciation, and future returns. The property's premium location near transportation, grocery stores, restaurants, and shops makes it an attractive investment in the vibrant Van Nuys neighborhood submarket.
Fantastic 6-unit value add investment property located in Van Nuys. The mid-century apartment complex, built in 1954, offers a total of 4,416 square feet of living space, with each unit boasting 736 square feet on average. The building features a strong unit mix, of (2) spacious 2-bedroom/1-bath units and (4) 1-bed / 1-bath units. Several of the units have received interior upgrades over the years, including new shower tiling and enclosures. The building has received significant capital improvements including the installation of copper plumbing in certain areas, new exterior paint, a newly landscaped and luscious shared fruit/food garden, and approximately 75% new windows. The roof was also fully replaced in June 2023. Additionally, there is a separate parking space and storage unit for each apartment at the rear of the building. There's also a laundry room that is currently being used as an owner storage area, but can easily be converted back to a laundry facility for additional income. 6729 Fulton Ave is fully occupied and offers over 60% upside on the current rents!
The four-unit building represents an excellent investment opportunity situated in a desirable area on the corner of Victory and Sepulveda. Each unit features a porch and is surrounded by lush greenery. The building consists of four one-bedroom units. Many units have undergone recent renovations and upgrades including laminate floors, windows, bathrooms, wall heaters, and air conditioners. Additionally, a detached garage provides one parking space for each unit. Conveniently located to access freeways 101 and 405, shopping centers, and public transportation.
Amazing investment opportunity located in the Valley. This incredible property is in a great location and easy to manage. It features three separate structures on a large lot, and each structure includes its own access point. Unit A is a one-story 3 bed + 2 bath with 1,157 sq ft of living space, with access from the main street. Unit B is a one-story 2 bed + 1 bath with 708 sq ft of living space, with access from the alley behind the home. Unit C is a two-story with 2 bed + 2 bath with 958 sq ft of living space with access from the alley behind the home. All 3 units are currently leased with long-term lease agreements.
Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a vacant, 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters. A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces. There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.
Welcome to 14342 Gilmore Street, a prime investment opportunity in the heart of Van Nuys, CA. It is located near the proposed new Metrolink site, within walking distance to the Van Nuys Courthouse, and a short distance from the 405 freeway. This charming fourplex, built in 1952, offers a blend of classic character and modern convenience, making it an ideal addition to your real estate portfolio. In a desirable Van Nuys neighborhood, tenants will appreciate the proximity to local amenities, schools, parks, shopping centers, and public transportation. The property features four one-bedroom and one-bath units, providing comfortable living spaces for tenants. The investment has tremendous rental upside. Ample on-site parking is available for tenants, adding to the property's convenience. 14343 Gilmore Street is more than just a property; it's an opportunity to invest in a thriving community. Whether you're a seasoned investor or new to the real estate market, this fourplex promises steady returns and long-term value. Don't miss out on this chance to own a piece of Van Nuys' charming real estate.
Welcome to your ideal investment opportunity! This remarkable 4-unit complex offers the perfect blend of comfort and convenience. With 4 carports ensuring protected parking for residents, a charming front yard adding curb appeal. Approximately 12 years ago, the city upgraded the property with Carrier central air and heating systems, soundproof windows and doors, and new electrical wiring and panels, ensuring modern comfort and efficiency. Additionally, the seller has replaced the supply line pipe from the street to the property with new copper, ensuring reliability. Situated in the Lake Balboa area , it has close proximity to a golf course, industrial area, and flyaway services, this property offers unparalleled convenience. Don't miss out on this extraordinary opportunity – schedule a viewing today!
Lovely multi family apartment building. Some units are newly remodeled with in-unit washer and dryer. The property is well-maintained and centrally located.
Presenting a newer construction income property, six-units townhouse-style apartment building in the heart of Van Nuys. This prime investment currently has one unit available for lease or possibly for an owner user. Each townhouse features a thoughtfully designed three-level floor plan, including three spacious bedrooms, two full bathrooms, and a guest bathroom. The open-concept kitchen, dining, and living areas are complemented by a cozy fireplace and an in-unit laundry area for added convenience. Tenants will appreciate the individual private garages, offering secure and easy parking. Each unit is separately metered for gas, water, and electricity. Don't miss out on this nearly fully occupied investment opportunity in a desirable location with potential upside.
Welcome to this Amazing opportunity to own three houses in an ample 8250 sqft Lot, in a great pocket of Van Nuys with paid off Solar Panels, tankless water heaters and electric car charging station! The main house with address 16043 offers 2396 sqft with 3 large bedrooms, 3 baths, laundry room, open floor plan with abundant natural light. The spacious living room features hardwood floors, vaulted ceiling with recessed lighting and seamlessly flows into the huge updated kitchen with all brand new appliances. It also has a big permitted additional living area adjacent to the kitchen with direct access to the backyard perfect for entertaining. The detached ADU built in 2021 with address 14043 1/2 Bassett (1030 sqft) offers 2 bedrooms, two baths, washer and dryer in unit, open concept kitchen with dishwasher and living room with plenty of natural light and recessed lighting. The JR ADU with address 16041 Bassett St is attached to the main house, it is a garage conversion completed in 2023 with permits (405 sqft) never lived in. It is coming with all brand new appliances including stackable washer and dryer, microwave, stove, dishwasher and refrigerator. Whether you are looking to add an amazing investment property to your portfolio or seeking a home to live in with additional income to help you pay your mortgage payments, this property has it all! Live in one unit and rent the other two. Don't miss out on this unique opportunity to own a potential triple income property that comes 100% ready to select your own tenants that will enjoy the convenience of a friendly neighborhood near schools, parks, shopping and dining!
Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime location—schedule a showing today and seize the potential that awaits in Van Nuys.
We are proud to present 14317 Haynes Street, a 7-unit apartment building located in Van Nuys, CA. Built in 1964, the subject property sits on a 7,500 square foot lot and offers a mix of 3- 1 bed/1 bath and 4- 2 bed/2 bath units, totaling 6,009 gross square feet. The offering is turnkey, featuring brand-new copper plumbing, roof, water heaters, laundry facilities and equipment (all owned, not leased), stainless steel appliances, and granite countertops. Additionally, units 1, 4, and 7 have undergone thorough gut renovations. The only outstanding items are fresh paint and driveway refurbishment, which the owner opted not to finalize to avoid prolonging tenant occupancy. Cash for keys has not been attempted by the owner. The property has ample gated parking for tenants with easy access through the right side of the building. To enhance the quality of living for residents, the property features a smoke-free environment with laundry facilities and proximity to shopping and restaurants. Select units have been completely updated with new stainless steel appliances, granite countertops, cabinets, bathrooms & kitchens, and laminate flooring throughout. One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 48% below the market rate, presenting a significant opportunity for the buyer. Assuming the buyer can turn over all units and achieve market rents throughout, we estimate that the units could bring in about $17,000 in gross rental income each month, or about $206,000 per year, increasing the buyer's CAP rate to 8.58%!Situated in the heart of Van Nuys, with a Walk Score of 82 (Very Walkable), the offering resides within a prominent commercial hub within the greater Los Angeles area. It enjoys easy access to major transportation arteries, including highways and public transit routes. Its proximity to key amenities such as shopping centers, restaurants, and business services enhances its appeal to both tenants and customers alike. Additionally, the area's strong demographic profile and steady economic growth contribute to the long-term viability of investments in this locale. With its central location and favorable market conditions, this property presents a great opportunity for investors seeking to capitalize on the dynamic commercial real estate landscape of Van Nuys, California.
Consider the option to construct or establish a new nursery in Valley Glen, a highly sought-after area in Van Nuys for both multifamily and office developments. This presents an exceptional investment prospect for experienced investors and developers. The property is already set for development, boasting plans for a luxurious apartment complex consisting of 23 units spanning 31,150 square feet, along with an additional 1,200-square-foot ADU. The unit composition is diverse, featuring twenty 2-bedroom + 2-bathroom units and three 3-bedroom + 2-bathroom units, including two designated for low-income residents. Projections indicate an impressive annual gross income of $796,536. The lot, measuring 19,961 square feet, is zoned as R3 (16,817.33 square feet) and R1 (3,151.3 square feet). Market rental rates average $2.58 per square foot. Parking is ample, with a 14,566-square-foot area providing space for 36 vehicles. The average unit size is 1,132 square feet.
Prime residential location, Set back and collate rent or build ADU and add to potential income or just build new multi units and ADU. Front house has two bedroom and one bath and front yard to use. Back unit is one bedroom and one bath with back yard to use. Call Agent for showing, don't disturb tenants, Inside with 24H advance notice. Can be delivered Vacant. (Will need additional time and Cost)
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 5% interest for 5 years, with a $1,350,000.00 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 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.
Wonderful Investment opportunity! Centrally located in the heart of Van Nuys , close proximity to Civic buildings , Sepulveda basin recreation center/golf course, and Restaurants with easy access to 405 Fwy. Each unit has its own covered and gated parking space and there is parking on residential street. Complex has a storage unit as well as a gated front yard space. Now's your chance to snatch this one up. Please do not disturb occupants. This is a probate but NOT COURT CONFIRMATION IS NEEDED
Pleased to present the opportunity to acquire 15456 Vanowen Street, a 12-Unit investment opportunity located in Van Nuys, CA 91406. ASSUMABLE 3.75% FIXED RATE FINANCING! Great unit mix composed of (8) one-bedroom units and (4) two-bedroom units. Soft Story Retrofit has been completed!
RTI, Ready to start construction for 6 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
Huge Price Adjustment. 24 Units + One Non-Conforming Unit. Garden Style Two Story Multifamily Complex in West Van Nuys Area. Property Consist Of 7-2Br.+1Ba. 17-1 Br.+ 1 Ba. 21,133 Sq. Ft Lot, 18,602 Sq. Ft. Rental Space, Pool, On-Site Laundry, Private Balconies, Separate Miters, 24 Gated Parking Spaces w/New Sliding Gate Motor, Four Years Old Roof, Brand New Pool Equipment and Brand-New Metal Pool Child Proof Fence, Some Units Recently Remodeled, Property Fully Occupied. Rents Below Market Rate with Great Upside Opportunity. Convenient Corner Location with Easy Connectivity to 405/101/118 Fwys. Additional Street Parking, Good Neiborhood Schools. Bread and Butter Investment......
Well maintained building with lots of recent updates to 5 of the 6 units. 3 one-bedroom units, 2 2-bedroom units, and one 3-bedroom 2 bath unit. 2 car garage, and a 4 car carport, with additional uncovered parking. Washer and dryer on property, security cameras, & new access control.
Van Nuys is located in California.
