NOT LISTED FOR SALE

5917 Buffalo Ave Unit 5 Van Nuys, CA 91401

11 Beds
10.5 Baths
6,240 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: September 18, 2025

Last sale price $1,645,000 $264 Per Sq Ft

45 Days on Market

Highlights

  • Fireplace in Kitchen
  • Erwin Street Elementary School Rated 9+
  • Laundry Room

About This Home

As of September 2025

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

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 07/21/2025

Co-Listed By

Glen Scher

Marcus & Millichap License #01962976

Last Buyer's Agent

Jennifer Tseselsky

Pacific Inter Capital Investment Solutions, Inc License #02099201

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Stucco

Interior Spaces

  • 6,240 Sq Ft Home
  • 2-Story Property
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10.5 Bathrooms

Parking

  • 7 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 2343-001-048

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6240
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Probate: No
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Kitchen
  • Bedrooms: 11
  • Laundry: Laundry Area
  • Total Bathrooms: 10.50
  • Price Per S Q F T: 272.44

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Construction: Frame and Stucco

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 7

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Percent: 55.23
  • Assessed Improvement Value: 318331
  • Assessed Land Percent: 44.77
  • Assessed Land Value: 258015
  • Total Assessed Value: 576346
  • Assessor Parcel Number: 2343-001-048
  • Lot Size Area: 7405

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.24
  • Number Of Units: 5
  • Type Of Units: Residential
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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
Source: The MLS

Tax History

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
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25569427

The MLS
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