$950,000
Incredible opportunity to invest in a great 4-plex that is being sold together with the 4-plex next door (14240 Delano St. APN 2240-021-004, each 4-plex is priced at $950,000 and gated with total lot size of almost 15,000 sq ft and zoned (LAR3) in prime Van Nuys neighborhood with close proximity to Civic Center, shops and restaurants on Van Nuys Blvd and public transportation (close to Orange Line) and FWY. Fully rented with huge upside potential. These spacious units have a large living room, dining area, good sized kitchen, plenty of closet space and laundry room off the kitchen. Each unit has a front and back access. There is plenty of room at the back of the property to add two ADUs (buyer to verify with the City). It could also be an amazing future development site. There are four detached garages as well as plenty of parking spaces. These units are separately metered. Prime location.
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Listed by Fariborz Nemani with Coldwell Banker Realty (818) 995-2424
Property Type
Apartment
Status
Active
MLS Number
SR26074897
Year Built
1948
Lot Size
7,497 sq ft