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$4,900,000
Est. payment /mo
15,136 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 15,136 sqft
Price per Sqft $323
MLS Listing ID 26693503
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1961
Lot Size 0.492 Acres
Property Description
A rare opportunity to acquire a 31-unit apartment building located at 14534 Saticoy Street in Van Nuys, California - a dynamic submarket within the San Fernando Valley. The Property is well-maintained and features an attractive mix of bachelor, studio, and one-bedroom units. Twenty-one units have been renovated to include upgraded kitchen countertops, appliances, new flooring, new cabinets, bathrooms and fixtures. Stable occupancy history and strong recent leasing activity demonstrate a path to a rental upside and improving cash flows going forward.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Cooktop, Refrigerator
Exterior
Parking Features Controlled Entrance
Pool Community, Fenced
Community Features Gated, Pool
Total Parking Spaces 24
Private Pool No
Building
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2218003015
Security Features Gated Community,Smoke Detector(s)
Special Listing Condition Standard
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Listed by Kadie Presley CB Richard Ellis, Inc. #01476551
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