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Available For Sale - Multifamily

10,848 SF | Show Pricing $

AVAILABILITY DETAILS

Size
10,848 SF
Price/SF
Show Pricing $
Listing ID
SA448867
Notes
INVESTMENT HIGHLIGHTS:

• ALL TENANTS ON MONTH-TO-MONTH LEASES

• THE PROPERTY HAS A TOTAL OF TWENTY-FOUR UNITS, TWO OF WHICH ARE NONCONFORMING UNITS, AND A UNIT MIX CONSISTS OF FOUR BACHELORS AND TWENTY SINGLES

• POTENTIAL 10.74 GRM AT MARKET LEASE RATES

• LOWEST PRICE MULTIFAMILY IN THE MARKET @ $135,229 PRICE PER UNIT

• 29% UPSIDE IN POST-COVID RENTS



PROPERTY DETAILS:STREET ADDRESS 14237 VANOWEN STREET

CITY, STATE, ZIP VAN NUYS, CALIFORNIA 91405

COUNTY LOS ANGELES

PARCEL NUMBER 2217-011-057

TOTAL UNITS 24 UNITS (2 NON-CONFORMING UNITS)

YEAR BUILT 1973

STORIES 2

BUILDING SIZE ±10,848 SF

LAND SIZE ±0.4 ACRES / ±17,599 SF

ZONING LOS ANGELES - R3

PARKING 20 FREE SURFACE SPACES

UNIT TYPES 2 BACHELORS, 2 NON-CONFORMING

BACHELORS, & 20 SINGLES
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Rachel Castillo, Avison Young