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$1,700,000
Est. payment /mo
5,514 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,514 sqft
Price per Sqft $308
MLS Listing ID CL25564069
HOA Y/N No
Year Built 1962
Lot Size 0.264 Acres
Acres 0.26
Property Sub-Type Other
Property Description
Matthews is pleased to present 7344-46 Ventura Canyon Ave, an 8-unit multifamily investment opportunity located in the strong rental market of Van Nuys, CA. Built in 1962, the property features a desirable mix of one-bedroom and two-bedroom floorplans designed to appeal to a broad tenant base. Spanning 5,514 square feet across a 0.26-acre lot, this well-maintained asset offers a rare combination of scale and stability in one of the San Fernando Valley's most active submarkets.The property is ideally situated on a quiet residential street just south of Sherman Way and west of Van Nuys Blvd, placing tenants within close reach of major transit lines, grocery stores, daily conveniences, and recreational amenities. Residents enjoy quick access to the 405 and 101 Freeways, the Van Nuys Metrolink and Amtrak Station, and are minutes from Valley Presbyterian Hospital and the Sepulveda Basin Recreation Area. The nearby Sherman Oaks Galleria, Lake Balboa, and Ventura Boulevard corridor further enhance the lifestyle appeal for tenants.This 8-unit building presents a compelling opportunity for investors seeking reliable income, long-term appreciation, and the ability to benefit from continued growth in Los Angeles' core rental market.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2328002064
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Listed by Daniel Withers • Matthews Real Estate Investment Services
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