
15840 Vanowen St Los Angeles, CA 91406
Van Nuys NeighborhoodAbout This Home
As of May 2025Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation.The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow.This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.Strategically located, the property provides easy access to major freeways, including I-405 and US-101, ensuring seamless connectivity to key business hubs and surrounding neighborhoods. Residents will enjoy proximity to essential shopping and transit options, including Van Nuys Costco, Van Nuys Airport, and nearby retail centers. The area's strong rental demand further enhances the property’s investment potential.With its prime location, modern upgrades, and future income growth opportunities, 15840 Vanowen St is a must-see investment for those looking to expand their multifamily portfolio.
Last Agent to Sell the Property
Keller Williams Realty-Studio City Brokerage Phone: 818-381-6601 License #01822661 Listed on: 04/08/2025

Last Buyer's Agent
Keller Williams Realty-Studio City Brokerage Phone: 818-381-6601 License #01822661 Listed on: 04/08/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,257
Year Built
- Built in 1952
Lot Details
- 8,503 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Apartment
Interior Spaces
- 3,349 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 5 Parking Spaces
- 5 Carport Spaces
- Parking Available
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 1
- Assessor Parcel Number 2233010007
- $936 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,360
- Fuel Expense $2,360
- Gardener Expense $1,500
- Insurance Expense $3,349
- Maintenance Expense $3,279
- Pest Control $900
- Trash Expense $1,800
- Water Sewer Expense $2,360
- New Taxes Expense $12,125
- Operating Expense $31,033
- Gross Income $84,504
- Net Operating Income $50,936
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Listed On Document | |
Grant Deed | $955,000 | Lawyers Title Company | |
Quit Claim Deed | -- | Fnt | |
Quit Claim Deed | -- | -- | |
Grant Deed | $170,000 | Old Republic Title Company | |
Quit Claim Deed | -- | Old Republic Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $540,000 | New Conventional | |
Previous Owner | $4,350,000 | Commercial | |
Previous Owner | $372,000 | Commercial | |
Previous Owner | $345,000 | Commercial | |
Previous Owner | $780,500 | Commercial | |
Previous Owner | $262,500 | Commercial | |
Previous Owner | $119,000 | Commercial | |
Closed | $13,250 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | Sold | $955,000 | -1.5% | $285 / Sq Ft |
04/08/2025 04/08/25 | For Sale | $970,000 | -- | $290 / Sq Ft |
Tax History Compared to Growth
Tax History
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 |
---|---|---|---|---|
2025 | $4,257 | $282,383 | $199,337 | $83,046 |
2024 | $4,257 | $276,847 | $195,429 | $81,418 |
2023 | $4,191 | $271,420 | $191,598 | $79,822 |
2022 | $4,029 | $266,099 | $187,842 | $78,257 |
2021 | $3,969 | $260,882 | $184,159 | $76,723 |
2019 | $3,871 | $253,147 | $178,698 | $74,449 |
2018 | $3,742 | $248,185 | $175,195 | $72,990 |
2016 | $3,517 | $238,549 | $168,393 | $70,156 |
2015 | $3,475 | $234,967 | $165,864 | $69,103 |
2014 | $3,520 | $230,365 | $162,615 | $67,750 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
James Antonucci
Keller Williams Realty-Studio City
(818) 432-1647
9 in this area
70 Total Sales
-
Seller Co-Listing Agent in 2025
Mike Pesci
Keller Williams Studio City
(818) 432-1647
5 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25076834

APN: 2233-010-007
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