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$ 1,265,000
Est. payment | /mo
2,965 SqFt
$ 1,265,000
Est. payment | /mo
2,965 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,965 sqft
Price per Sqft $426
MLS Listing ID CRCV24202513
HOA Y/N No
Year Built 1937
Lot Size 6,046 Sqft
Acres 0.14
Property Sub-Type Other
Property Description
We are proud to present this 7-unit apartment building in an excellent Van Nuys location mere blocks from Sherman Oaks. The property is subject to LACity Rent Control. There is an excellent unit mix that includes (1) 3 bedroom and 2 bath one story apartment home with private yard and (6) single units. Residents enjoy parking as well as on-site laundry facility. The property is minutes from the Sheman Oaks Recreation Center and Westfield Fashion Square. Access to the 101 and 405 Freeway's is nearby, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own a well-located building with great upside potential and exellent cap rate of about 5.77 for a building under 1.3M!! It's priced to Sell! Buyer to verify all the information.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2245030003
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Listed by Ken Mazanians • REALTY ONE GROUP MASTERS
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Patrick Nagel
REALTOR® | Lic# 1760790