16021 Olympiad Ln Unit 1 Van Nuys, CA 91406
Estimated payment $3,655/month
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 4 Car Garage
- Laundry Room
About This Home
Auction - Fully-leased duplex with long term tenants. Unit 1 is 3BR/2.5BA and Unit 2 is 2BR/1.5BA. There is a 4-car attached garage and the units are separately metered with tenants paying electricity/gas. The property was built in 1987 and is 2,320sf on a 6,986sf lot. Located in a desirable area of Van Nuys near Vanowen and Woodley, west of the 405 Fwy. Below-market rents offer potential upside for this property.
Listing Agent
Tranzon Asset Strategies Brokerage Phone: 714-746-6582 License #01406706 Listed on: 10/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,884
Year Built
- Built in 1987
Lot Details
- 6,986 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,320 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot C
- Assessor Parcel Number 2233020040
- $382 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Water Sewer Expense $4,556
- New Taxes Expense $265
- Operating Expense $4,820
- Gross Income $58,800
- Net Operating Income $53,980
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,884 | $382,744 | $135,974 | $246,770 |
| 2024 | $4,884 | $375,240 | $133,308 | $241,932 |
| 2023 | $4,794 | $367,884 | $130,695 | $237,189 |
| 2022 | $4,579 | $360,672 | $128,133 | $232,539 |
| 2021 | $4,513 | $353,601 | $125,621 | $227,980 |
| 2019 | $4,383 | $343,115 | $121,896 | $221,219 |
| 2018 | $4,259 | $336,388 | $119,506 | $216,882 |
| 2016 | $4,050 | $323,327 | $114,866 | $208,461 |
| 2015 | $3,993 | $318,471 | $113,141 | $205,330 |
| 2014 | $4,018 | $312,233 | $110,925 | $201,308 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | For Sale | $615,000 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Individual Deed | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $196,700 | Stand Alone First |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25233810
APN: 2233-020-040
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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