$1,700,000

7346 Ventura Canyon Ave Los Angeles, CA 91405

Van Nuys Neighborhood

Estimated payment $10,945/month

Total Views 775
10 Beds
8 Baths
5,514 Sq Ft
$308 Price per Sq Ft

About This Home

Matthews is pleased to present 7344-46 Ventura Canyon Ave, an 8-unit multifamily investment opportunity located in the strong rental market of Van Nuys, CA. Built in 1962, the property features a desirable mix of one-bedroom and two-bedroom floorplans designed to appeal to a broad tenant base. Spanning 5,514 square feet across a 0.26-acre lot, this well-maintained asset offers a rare combination of scale and stability in one of the San Fernando Valley's most active submarkets.The property is ideally situated on a quiet residential street just south of Sherman Way and west of Van Nuys Blvd, placing tenants within close reach of major transit lines, grocery stores, daily conveniences, and recreational amenities. Residents enjoy quick access to the 405 and 101 Freeways, the Van Nuys Metrolink and Amtrak Station, and are minutes from Valley Presbyterian Hospital and the Sepulveda Basin Recreation Area. The nearby Sherman Oaks Galleria, Lake Balboa, and Ventura Boulevard corridor further enhance the lifestyle appeal for tenants.This 8-unit building presents a compelling opportunity for investors seeking reliable income, long-term appreciation, and the ability to benefit from continued growth in Los Angeles' core rental market.

Listing Agent

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 06/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100x115

Parking

  • 8 Parking Spaces

Home Design

  • Split Level Home

Interior Spaces

  • 5,514 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2328-002-064

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 5514
  • Lot Acreage: 0.2641
  • Lot Dimensions: 100x115
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 308.31

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 8

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 69.82
  • Assessed Improvement Value: 461291
  • Assessed Land Percent: 30.18
  • Assessed Land Value: 199432
  • Total Assessed Value: 660723
  • Assessor Parcel Number: 2328-002-064
  • Lot Size Area: 11506

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.33
  • Number Of Units: 8
  • Total Annual Expense: 61343
  • Type Of Units: Apartments
  • Vacancy Rate: -5.0%

Map

Range of Values:

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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 Change Sq Ft Price
06/14/2025 06/14/25 For Sale $1,700,000 -- $308 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25564069

The MLS