$2,900,000
Located in the heart of Van Nuys, 13825 Vanowen St presents an excellent multifamily investment opportunity in one of the San Fernando Valley’s most active rental markets. Positioned on a prominent corner lot along a major thoroughfare, the property offers strong visibility and convenient accessibility for tenants, making it a highly desirable location within this established residential neighborhood. The property features a diverse unit mix of 14 units, consisting of 4 Singles, 8 One-Bedroom/One-Bath units, 1 Two-Bedroom/One-and-a-Half-Bath unit, and 1 Two-Bedroom/Two-Bath unit. This well-balanced mix caters to a wide range of renters, from students and young professionals to small families, helping maintain consistent tenant demand. The building has been maintained with copper plumbing and offers individually metered gas and electric utilities, helping minimize owner expenses and improving overall operating efficiency. Tenants enjoy several convenient amenities including on-site parking and on-site laundry facilities, features that are highly valued in the local rental market. The property’s configuration and corner positioning also allow for strong natural light and accessibility, further enhancing tenant appeal. Situated in a high-demand rental corridor, the property benefits from close proximity to numerous everyday conveniences. Residents are just minutes from a variety of shopping centers, restaurants, grocery stores, and neighborhood services, while commuters enjoy easy access to the nearby Van Nuys Metrolink Station for regional transit options. Additionally, the property is located a short distance from Los Angeles Valley College, providing a consistent pool of potential renters including students and faculty. For commuters, the location offers quick access to both the Interstate 405 and the California State Route 170, allowing for convenient travel throughout the San Fernando Valley and greater Los Angeles area. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
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Listed by James Antonucci with Keller Williams Realty-Studio City (818) 432-1500
Property Type
Apartment
Status
Active
MLS Number
SR26065070
Year Built
1977
Lot Size
0.33 acres