$3,200,000
This well-maintained 10-unit apartment building in Van Nuys features a desirable unit mix consisting of (6) 2 bed/1 bath unit, (2) 1 bed/1 bath unit, (2) 3 bed/1 bath units, units. Situated on a 10,625 sq ft lot, the property offers approximately 7,726 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased and includes one vacant ADU. Buyer to independently verify the status of ADU permits, as permits have been finalized and ready to pull. Completion and any required approvals shall be the responsibility of the buyer. Extensive upgrades have been completed throughout the property, including exterior improvements, updated windows, and fully renovated interiors. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transportation with easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and Downtown Los Angeles.
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Listed by Armen Arakelyan with HK Realty (323) 839-1434
Property Type
Apartment
Status
Active
MLS Number
GD26066586
Year Built
1972
Lot Size
10,629 sq ft