$1,500,000
$100K PRICE DROP

Estimated payment $9,610/month

Total Views 2,586
12 Beds
6 Baths
5,912 Sq Ft
$254 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Electric Fence
  • Van Nuys High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

INCREDIBLE INVESTMENT OPPORTUNITY! 6 UNIT Apartment Building located in the wonderful city of Van Nuys. Convenient to a beautiful residential neighborhood, a walkable community for shopping, restaurants and centrally located to 405 & 101 Freeways. Vacancy is rare due to the location and uniqueness of this property. Bring your offer, motivated Sellers!

Listing Agent

Jacqueline Trujillo

Realty Executives Brokerage Phone: 818-381-1926 License #01345191 Listed on: 06/06/2025

Realty Executives

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,490 Sq Ft Lot
  • Two or More Common Walls
  • Electric Fence
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Rolled or Hot Mop Roof

Interior Spaces

  • 5,912 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 13 / H
  • Tax Tract Number 1200
  • Assessor Parcel Number 2236021014
  • $1,189 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,158
  • Fuel Expense $2,652
  • Gardener Expense $1,200
  • Insurance Expense $3,192
  • Trash Expense $6,720
  • Water Sewer Expense $10,260
  • Operating Expense $25,182

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Price Per Unit: 250000
  • Property Attached: Yes
  • Water Sewer Expenses: 10260.00
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2236021014
  • Year Built: 1968
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 253.72

Exterior Features

  • Fence: Yes
  • Fencing: Electric
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Paved
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 6720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6490.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1158.00
  • Fuel Expense: 2652.00
  • Gross Scheduled Income: 10755.20
  • Insurance Expense: 3192.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 350.00
  • Lot Size Area: 6490.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Rent Control: Yes
  • Total Expenses: 25182.00

Tax Info

  • Tax Block: H
  • Tax Census Tract: 1278.06
  • Tax Lot: 13
  • Tax Tract Number: 1200
  • TaxOtherAnnualAssessmentAmount: 1189.00

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
07/24/2025 07/24/25 Price Changed $1,500,000 -6.3% $254 / Sq Ft
06/06/2025 06/06/25 For Sale $1,600,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25127383

California Regional Multiple Listing Service (CRMLS)