Van Nuys (los Angeles), CA 91401,14317 Haynes Street
Van Nuys (los Angeles), CA 91401,14317 Haynes Street
Van Nuys (los Angeles), CA 91401,14317 Haynes Street
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$1,750,000
Est. payment /mo
6,009 SqFt
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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


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Bridge MLS
Listed by John C. Pak • Philco Realty

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14317 Haynes Street