$2,200,000

Estimated payment $14,374/month

Total Views 178
14 Beds
14 Baths
6,526 Sq Ft
$337 Price per Sq Ft

Highlights

  • Gated Parking
  • Built-In Features
  • Central Heating and Cooling System
  • Van Nuys High School Rated A

About This Home

INVESTMENT HIGHLIGHTS: Highly sought-after mix of all 2-Bed/2-Bath units and a 2-Bed/2.5-Bath Townhouse; Built in 1998 and subject to State Rent Control with rent increase of 8.8% in 2005; No seismic retrofit required; Two units to be rented to Moderate and low income tenants; Median Income: $106,600 for a four-person household in 2025; Low Income: $84,850 for a single person, $121,150 for a four-person household; Large and bright units spread over 6,526 square feet in 7 units; All units feature balconies, central heating and air conditioning, high ceilings, and 2 parking spaces; Gated and secured entry, copper plumbing, newer water heater, on-site laundry facilities owned by current management; One of the best values in today's investment market with significant upside potentialLaundry on-site |

Listing Agent

Janette Monfared

Marcus & Millichap License #00765098 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50x150

Interior Spaces

  • 6,526 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 14 Parking Spaces
  • Parking Deck
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 2240-014-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6526
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Stories: 2
  • Year Built: 1998
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 14.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 337.11

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated, Deck(s)
  • Total Parking: 14

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 2240-014-017
  • Lot Size Area: 7501

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 7
  • Total Annual Expense: 54653
  • Type Of Units: Aparatments
  • Vacancy Rate: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $2,200,000 +16.1% $337 / Sq Ft
03/12/2021 03/12/21 Sold $1,895,000 0.0% $290 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,895,000 -- $290 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25568131

The MLS