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$1,229,000
Est. payment /mo
9 Beds
7,530 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25110401
Bedrooms 9
Lot Size 7,530 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This well-maintained four-unit multi-family building is situated in the heart of the San Fernando Valley. Built in 1948, this residential income property spans approximately 2,756 sq. ft. on a 7,527 sq. ft. lot. It comprises three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering significant rental upside potential. Recent Upgrades to the building include newer paint, roof, windows, and driveway. Each unit is individually metered for gas and electricity and features its own water heater. There is on-site garage parking available for each unit, totaling eight spaces. Located in East Van Nuys, the property benefits from its proximity to essential amenities and transportation options. It is within walking distance to grocery stores, restaurants, and public transit lines, enhancing its appeal to its tenants. Sherman Way, a major east-west thoroughfare, runs through Van Nuys and offers convenient access to various parts of the city. Ralphs Supermarket and Norms Restaurant are just half a block away, offering convenient shopping and dining options. This property presents a compelling opportunity for investors seeking a well-located, income-generating asset with potential for rental growth in a vibrant and accessible neighborhood.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Van Nuys Blvd. to Sherman Way
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2216032014
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Stacie Hatfield Coldwell Banker Res. Brokerage
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Nicole Hazelton-Meacham
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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