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Listed by James Antonucci • Keller Williams Realty-Studio City
$970,000
Est. payment /mo
8,503 Sqft Lot
Contingent
15840 Vanowen ST Van Nuys, CA 91406
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Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSR25076834
Originating Board California Regional MLS
Year Built 1952
Lot Size 8,503 Sqft
Property Description
Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation. The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all ris
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Laundry None
Exterior
Parking Features Carport
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 2233010007
Special Listing Condition Not Applicable , Accepting Backups
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