Chris Gately
Gately Properties
(661) 451-6648
12 Total Sales
1 in Van Nuys
$1,525,000 Price
We are pleased to present 5917 Buffalo Avenue, a five-unit multifamily property located in a quiet, central pocket of Van Nuys, California. With large unit sizes, and a stable rent roll with rental upside, the offering presents a compelling opportunity for yield-focused investors seeking a low-maintenance asset in a supply-constrained infill location. The property is zoned LAR3, fully density compliant, and not subject to seismic retrofit requirements. Built in 1964, the building consists of four two-bedroom, two-bath units and one oversized three-bedroom, two-and-a-half-bath unit averaging1,248 square feet. The three-bedroom unit totals 1,650 square feet, includes a private patio, and will be delivered vacant at close of escrow providing immediate opportunity to capture market rent. Since 2018, ownership has invested heavily in the asset, including new copper plumbing, full electrical replacement, HVAC upgrades, waste line and stack replacement, a new hot water heater (2025), and a new roof. Three units (Units 2, 4, and 5) have been fully renovated with modern kitchens, updated baths, new flooring, and contemporary finishes. Deferred maintenance exposure is minimal. With oversized layouts, upgraded interiors, and a quiet residential setting surrounded by amenities, the property performs well within rent control constraints and supports long-term tenant retention. Buffalo Avenue is situated just east of Woodman Avenue and south of Oxnard Street, offering convenient access to the 101 and 405 freeways, the Van Nuys Metrolink Station, and a dense cluster of employment centers including Valley Presbyterian Hospital, Anheuser-Busch, and the Van Nuys Civic Center. Retail and dining along Burbank and Victory Boulevards further enhance tenant appeal. 5917 Buffalo Avenue offers investors a clean, stabilized asset with operational upside and long-term income durability in one of the San Fernando Valley's most accessible and employment hubs. Drive by only. Please do not disturb the tenants. Contact listing agent for further questions.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 07/21/2025
Last Buyer's Agent
Pacific Inter Capital Investment Solutions, Inc License #02099201
Chris Gately
Gately Properties
(661) 451-6648
12 Total Sales
1 in Van Nuys
$1,525,000 Price
Laura Klein
KRE + Associates
(213) 900-2162
56 Total Sales
2 in Van Nuys
$950K - $1.4M Price Range
Jodi Bell Ticknor
Compass
(424) 238-6563
18 Total Sales
1 in Van Nuys
$1,549,000 Price
Andrew Belcher
RIGHT HERE REALTY
(310) 270-2477
38 Total Sales
2 in Van Nuys
$569K - $600K Price Range
Mary Perdomo
Douglas Elliman
(818) 412-8566
11 Total Sales
1 in Van Nuys
$906,000 Price
Dennis Chernov
Equity Union
(626) 657-2705
466 Total Sales
12 in Van Nuys
$405K - $2.8M Price Range
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 |
|---|---|---|---|
| $1,645,000 | Old Republic Title Company | ||
| The Buffalo Building Llc | -- | Chicago Title | |
| Colla Anthony | -- | Chicago Title | |
| Colla Anthony | -- | First American Title Co | |
| Colla Elizabeth | -- | -- | |
| Colla Elizabeth | -- | -- | |
| Colla Anthony | -- | -- | |
| Colla Elizabeth | -- | -- | |
| Colla Anthony | -- | -- | |
| Colla Anthony | -- | -- | |
| Colla Elizabeth | -- | -- | |
| Colla Elizabeth | -- | -- | |
| Colla Anthony | -- | -- | |
| Colla Richard A | $300,000 | First American Title Co |
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 |
|---|---|---|---|
| Previous Owner | $720,000 | ||
| Closed | Colla Anthony | $720,000 | |
| Previous Owner | Colla Elizabeth | $510,000 | |
| Previous Owner | Colla Anthony | $250,000 |
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 |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $1,645,000 | -3.2% | $264 / Sq Ft |
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | Price Changed | $1,700,000 | -5.6% | $272 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $1,800,000 | -- | $288 / 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 | $8,237 | $1,645,000 | $495,000 | $1,150,000 |
| 2025 | $8,237 | $587,872 | $263,175 | $324,697 |
| 2024 | $8,087 | $576,346 | $258,015 | $318,331 |
| 2023 | $7,950 | $565,046 | $252,956 | $312,090 |
| 2022 | $7,619 | $553,968 | $247,997 | $305,971 |
| 2021 | $7,333 | $543,107 | $243,135 | $299,972 |
| 2019 | $7,131 | $527,000 | $235,924 | $291,076 |
| 2018 | $6,988 | $516,668 | $231,299 | $285,369 |
| 2017 | $6,802 | $506,538 | $226,764 | $279,774 |
| 2016 | $6,584 | $496,607 | $222,318 | $274,289 |
| 2015 | $6,496 | $489,148 | $218,979 | $270,169 |
| 2014 | $6,544 | $479,567 | $214,690 | $264,877 |
Seller's Agent in 2025
Filip Niculete
Marcus & Millichap
(818) 357-9525
99 Total Sales
Seller Co-Listing Agent in 2025
Glen Scher
Marcus & Millichap
(818) 212-2700
62 Total Sales
JT
Buyer's Agent in 2025
Jennifer Tseselsky
Pacific Inter Capital Investment Solutions, Inc
(818) 827-2636
5 Total Sales
Source: The MLS
MLS Number: 25569427
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