$2,200,000
Accepting Backup Offers

14306 Vanowen Street

Van Nuys, CA 91405
Listing OfficeKeller Williams Realty
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Located on Vanowen Street in Van Nuys, CA this two parcel [(14306 Vanowen : APN# 2237-004-038) and 14310 Vanowen : APN# 2237-004-039)] investment opportunity is a twelve unit apartment complex offering (4) - 2 bed / 1 bath and (8) - 1 bed / 1 bath units. Situated behind upgraded security gates, this property offers a clean investment opportunity that has +/-68% upside in rental potential. The properties have been upgraded with new double paned windows as well as copper plumbing (buyer to verify). Furthermore, the property does not require seismic retrofit due to the covered parking at the rear portion of the property. A savvy investor may investigate the opportunity to construct ADU's at the rear portion of the property for additional value-added investment stewardship.

  • Property Details
      • Property SubtypeResidentialIncome
      • Lot DescriptionSprinklersNone
      • SubdivisionNot Applicable
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$2,200,000
      • MLS #P1-21290
      • MLS #P1-21290
      • Cost2200000
      • Acres0.2949
      • Year Built1955
      • Stories2

Location

Gary ElminoufiReal Estate Group
OR

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