14317 Haynes Street new Save Request In-Person Tour Request Virtual Tour
Van Nuys (los Angeles),CA 91401
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,009 sqft
Price per Sqft $291
MLS Listing ID CL25607165
HOA Y/N No
Year Built 1964
Lot Size 7,502 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
7-unit apartment in Van Nuys! Unit mix is 4 (2bed + 2bath) and 3 (1bed +1bath). The building has New Plumbing, New Roof, New Water Heater, and 3 of the 7 units were recently fully remodeled. The building offers 7 parking spaces and has undergone earthquake retrofitting. Total annual rental income is approximately $150,000, providing strong cash flow potential with room for upside.The surrounding area is experiencing significant growth and development, enhancing its appeal to tenants and investors alike. Notably, a 174-unit mixed-use project is nearing completion at 6569 Van Nuys Boulevard, featuring retail spaces and amenities The Registry SoCal Real Estate. Additionally, a 44-unit mixed-use development is planned at 14600 Victory Boulevard, offering apartments and retail space Urbanize LA. These projects contribute to the neighborhood's revitalization and increased demand for housing.With ongoing infrastructure improvements and a growing community, this is a rare opportunity to invest in a well-maintained property in a high-demand area.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 2237012016