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$3,000,000
Est. payment /mo
9,976 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 9,976 sqft
Price per Sqft $300
MLS Listing ID CRSR25201310
HOA Y/N No
Year Built 1976
Lot Size 0.415 Acres
Acres 0.41
Property Sub-Type Other
Property Description
An exceptional 20-unit multifamily investment opportunity in the desirable Van Nuys area, featuring 8 one-bedroom/one-bath apartments and 12 single units. With strong local rental demand, the property offers tremendous upside potential for investors seeking long-term growth. Residents benefit from on-site parking, secure gated entry, laundry facilities, and a swimming pool, ensuring convenience and enhancing tenant appeal. Each unit is individually metered for gas and electricity, providing efficient and cost-effective management. The building has been well maintained with recent upgrades, including new exterior paint and plaster in 2024, reducing future maintenance concerns. Ideally located near the I-405 Freeway, Van Nuys Airport, the DMV, shopping, dining, and public transit, the property delivers excellent accessibility to major employment and lifestyle hubs across Los Angeles.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, Other
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 2328008014
Virtual Tour https://tour.firstimpressionsla.com/order/5541eb1c-24cd-4f3c-553d-08dde608ce8b?branding=false
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Angela Parekh • Pinnacle Estate Properties
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