Description
This 8 unit property is located in van nuys near the corner of sherman way and the 405 freeway.built in 1986, this building is exempt from the la rent stabilization ordinance (rso) and has an attractive unit mix of all 2 bedroom units. additionally, there is an assumable loan at 4.55% interest only fixed until july 2027. priced at a 5.58% cap, which includes the two vacant units with section 8 rents, there is approximately 33% in rental upside.the sellers have fully remodeled all of the units with new paint, flooring, countertops, and appliances. in addition, they've replaced 2 of the 8 hvac condensers, painted the exterior of the building, installed artificial grass in the front, and installed security cameras throughout the building.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46955796
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 16
Bathroom Information
- Total Baths: 12
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Dishwasher,Refrigerator
- Fireplace: Living Room
Heating Source
- Central,Fireplace(s)
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1986
- Building Area Total: 6,224
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1552
- Lot Size Dimensions: 50x136
- Lot Size Source: Owner
- Lot Size Square Feet: 6762
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Listing Information
Listing Price Information
- Original List Price: 2,600,000
- Listing Contract Date: 2024-09-18
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2206027026
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Covered
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LKBL - Lake Balboa
- Directions: From Sherman Way head north on Haskell Ave and property will be on your left.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: LKBL - Lake Balboa
Building and Construction
- Property Age: 38
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6224
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 18:10
- MLS: 24441479
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 16 bedrooms which is for sale, it has 6,224 sqft, 6,762 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91406, this Los Angeles County Home , it is in the Midvale Estates Subdivision, are nearby neighborhoods.