13921 Bessemer Street

Van Nuys, CA 91401

  • 40 Bed(s)
  • 0 Bath(s)
  • 20,633 Sqft
  • 27007
    Sqft(Lot)
$6,895,000

Description

This well-maintained asset offers investors a rare opportunity to acquire a clean, upgraded property with significant rental upside and future value-add potential in one of los angeles' most in-demand rental markets. van nuys is experiencing major revitalization, driven by infrastructure improvements and increasing tenant demand. the upcoming east san fernando valley light rail project, running along van nuys boulevard, is set to transform the area by improving connectivity and boosting long-term rent growth. the property is also strategically located near major employment hubs, government offices, shopping centers, and dining options, making it an attractive location for tenants. with easy access to the 405 and 101 freeways, residents can conveniently reach sherman oaks, encino, burbank, and the broader los angeles area. the property benefits from several major recent improvements, including the completion of all required seismic retrofit repairs (buyer to verify). the building exterior was painted in recent months, while the new roof was added just two years ago. the clean unit interiors feature upgrades such as wood flooring and granite countertops, while the common area includes a well-landscaped courtyard, on-site parking, and landlord-owned laundry facilities. with 48% rental upside, adu potential (buyer to verify), and a prime location in a high-growth corridor, 13921 bessemer street presents an exceptional investment opportunity for both long-term investors and value-add buyers looking to capitalize on van nuys' ongoing transformation.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49222744

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Property Details

  • Bedroom Information

    • Total Bedrooms : 40

    Bathroom Information

    • Total Baths: 23
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1963
    • Building Area Total: 20,633

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.62
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 27007

  • Listing Price Information

    • Original List Price: 6,895,000
    • Listing Contract Date: 2025-03-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2239017024

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: VG - Valley Glen
    • Directions: We are pleased to present 13921 Bessemer Street, a 23-unit (plus one non-conforming unit) multifamily building located in the desirable Valley Glen neighborhood of Van Nuys, a rapidly evolving submarket in the San Fernando Valley.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: VG - Valley Glen

    Building and Construction

    • Property Age: 62
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 20633
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/21/2025 @ 20:14

  • MLS: 25516001
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 40 bedrooms which is for sale, it has 20,633 sqft, 27,007 sized lot, and 0 parking. are nearby neighborhoods.