David McLaughlin
Keller Williams Westlake Village
(424) 842-3632
84 Total Sales
1 in Van Nuys
$873,000 Price
An opportunity to acquire a twelve (12) unit apartment building (two 6 unit buildings each with their own APN) located in the dense rental submarket of Van Nuys. Resting on a double lot with approx. 13,499 +/- square feet, the Property features a highly desirable unit mix of two (2) 1 bed 1 bath units and ten (10) 2 bed and 1 bath units. The Property on-site parking and on-site coin operated laundry. This opportunity also offers an investor 22% +/- of rental upside, and potential to add ADU's to the property. Eight units have laminate flooring, and one unit (15143 # 6) has remodeled kitchen and bathroom. The one bedroom units' utilities are attached to the laundry room, so the landlord pays for all utilities for these 2 units. The property is currently zoned (Q)R3-1-RIO with a TOC Tier 3 incentive. This provides an investor with an opportunity to potentially redevelop the lot in the future. A developer can building 16 units by right, or 24 units with the TOC Tier 3 incentive. Buyer to independently verify.
David McLaughlin
Keller Williams Westlake Village
(424) 842-3632
84 Total Sales
1 in Van Nuys
$873,000 Price
Shaun Hurley
Coldwell Banker Realty
(949) 694-7557
59 Total Sales
1 in Van Nuys
$775,000 Price
Raymond A. Rodriguez IV
Equity Union
(747) 249-5579
39 Total Sales
2 in Van Nuys
$1,350,000 Price Range
Amalia Khachikian
Berkshire Hathaway HomeServices California Properties
(424) 359-1579
42 Total Sales
1 in Van Nuys
$750,000 Price
Michael Rescigno
Berkshire Hathaway HomeServices California Properties
(661) 383-2394
66 Total Sales
1 in Van Nuys
$920,000 Price
Cyndi Lesinski
Real Broker
(747) 322-4375
116 Total Sales
1 in Van Nuys
$899,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,250,000 | Ticor Title | ||
| Warren Scott K | -- | Ticor Title | |
| Warren Scott K | -- | None Available | |
| Ceg Group Llc | -- | None Available | |
| Lw Properties | -- | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,525,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/12/2022 07/12/22 | Sold | $3,250,000 | 0.0% | $391 / Sq Ft |
| 05/08/2022 05/08/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | For Sale | $3,250,000 | -- | $391 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $21,179 | $1,724,462 | $689,785 | $1,034,677 |
| 2025 | $21,179 | $1,690,650 | $676,260 | $1,014,390 |
| 2024 | $20,917 | $1,657,500 | $663,000 | $994,500 |
| 2023 | $20,522 | $1,625,000 | $650,000 | $975,000 |
| 2022 | $4,257 | $277,423 | $77,664 | $199,759 |
| 2021 | $4,188 | $271,985 | $76,142 | $195,843 |
| 2019 | $4,086 | $263,920 | $73,885 | $190,035 |
| 2018 | $3,952 | $258,746 | $72,437 | $186,309 |
| 2016 | $3,709 | $248,700 | $69,625 | $179,075 |
| 2015 | $3,665 | $244,966 | $68,580 | $176,386 |
| 2014 | -- | $240,168 | $67,237 | $172,931 |
Seller's Agent in 2022
Andy Kawatra
Equity Union
(818) 456-7846
19 Total Sales
Buyer's Agent in 2022
Kelly Morgan
Houze Real Estate Management
(310) 836-3638
30 Total Sales
Source: The MLS
MLS Number: 22-146213
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