Description
Located on the corner of hartland street and vesper avenue in van nuys, california this seventeen unit apartment complex is a two parcel property with address of 6840 vesper avenue (apn: 2219-026-058) & 14553 hartland street (apn: 2219-026-057). together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. a new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath sfr, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. currently, there is an assumable chase loan with a balance of $1,750,000 at a fixed 3.58% interest rate until june 1st, 2027. upon assumption, the monthly payment will be approximately $8,433. furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. this asset is a great opportunity for any investor looking for scale with minimal management costs.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48944037
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 12,241
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3423
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 14911
-
Listing Information
Listing Price Information
- Original List Price: 3,500,000
- Listing Contract Date: 2025-03-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2219026057
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Attached Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VN - Van Nuys
- Directions: Located on the corner of Vesper and Hartland
- Source Property Type: Residential Income
- Area: VN - Van Nuys
Building and Construction
- Property Age: 60
- Common Walls: No Common Walls
- Year Built Source: Assessor
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BuyOwner last updated this listing 04/07/2025 @ 06:07
- MLS: P1-21220
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 12,241 sqft, 14,911 sized lot, and 0 parking. are nearby neighborhoods.