NOT LISTED FOR SALE

16609 Vanowen St van Nuys, CA 91406

19 Beds
22 Baths
13,608 Sq Ft
0.44 Acres

Last Sold April 05, 2019

Last sale price $3,600,000 $265 Per Sq Ft

168 Days on Market

Highlights

  • Gated Parking
  • 19,138 Sq Ft lot
  • Air Conditioning

About This Home

As of April 2019

JoshLuchsof CBRE is pleased to present for sale, a 20-unit multifamily building located at 16609 VanowenSt. in Lake Balboa. Constructed in 1973, the 13,608square foot property is situated on a 19,139 square foot lot. It's located just NorthofVanowen, between Hayvenhurst and Balboa.The building consists of three Singles, fifteen1BD/1BA units, and two 2BD/1.5BA units.The property benefits from a central location that's minutes from the Van Nuys Golf Course, The Japanese Gardens, and the Sherman Oaks Galleria.Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.

Last Agent to Sell the Property

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 08/23/2018

Last Buyer's Agent

Hooman Emanuel

Keller Williams Studio City License #01200237

Keller Williams Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.44 Acre Lot

Interior Spaces

  • 13,608 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 22 Bathrooms

Parking

  • 21 Parking Spaces
  • Gated Parking

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 2225-009-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 13608
  • Stories: 2
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 19
  • Total Bathrooms: 22.00
  • Price Per S Q F T: 268.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 21

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 1687954
  • Assessed Land Value: 931999
  • Assessor Parcel Number: 2225-009-008
  • Geocode Override: No
  • Lot Size Area: 19138

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.73
  • Number Of Units: 20
  • Type Of Units: Rental

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $3,600,000 -1.4% $265 / Sq Ft
08/23/2018 08/23/18 For Sale $3,650,000 -- $268 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joshua Luchs

    Seller's Agent in 2019

    Joshua Luchs

    Kidder Mathews of California, Inc.

    (818) 231-2477

    1 in this area

    8 Total Sales

    Joshua Luchs
    Section Image
  • Hooman Emanuel

    Buyer's Agent in 2019

    Hooman Emanuel

    Keller Williams Studio City

    (818) 335-0923

    2 in this area

    15 Total Sales

    Hooman Emanuel
    Section Image
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Map

Source: The MLS

MLS Number: 18-379976

The MLS
California Los Angeles County Van Nuys 91406

16609 Vanowen St, Van Nuys, CA

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