$5,750,000
SOLD NOV 25, 2014

8070 Langdon Ave Van Nuys, CA 91406

Van Nuys Neighborhood
62 Beds
8 Baths
44,376 Sq Ft
0.75 Acres

Recently Sold

$130 Per Sq Ft

3% Below List Price

63 Days on Market

About This Home

As of November 2014

Recent Major Capital Improvements Include:New RoofNew Copper PlumbingNew Solar System Installed on the Roof which will Reduce Utility CostsNew Elevator System InstalledRe-Plastered Pool & New Pool DeckLarge Unit Sizes with a mix of approximately 50% Two & Three Bedroom UnitsAll Two & Three Bedroom Units have Two Bathrooms EachAt Least 12% Rent Upside PotentialMany Units have been Upgraded with Tile Flooring ThroughoutVery Low Cost per Foot of $134.08 (based on gross square footage per assessor)Laundry Facility On-Site that Generates Additional Income for the PropertyNo Major Deferred Maintenance & Continually Lowering Operating CostsWith Upgraded Major Systems, Every Dollar Invested by a New Owner can go Directly Towards Improvements that will Increase RentsBuilt in 1964 with a Gross Building Square Footage of 44,376 & Lot Size of 0.75 AcresCurrently 39 Units, with a Storage Room currently being Permitted as the 40th Unit

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 07/21/2014

Co-Listed By

Daniel Withers

Matthews Real Estate Investment Services License #01325901

Last Buyer's Agent

Grady Liu

License #01290494

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.75 Acre Lot

Interior Spaces

  • 44,376 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 62 Bedrooms
  • 8 Bathrooms

Parking

  • 54 Parking Spaces
  • Carport

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 40 Units

Listing and Financial Details

  • Assessor Parcel Number 2654-037-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 44376
  • Stories: 3
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 62
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 134.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 54

Utilities

  • Cooling: Central
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 2091498
  • Assessed Land Value: 2509798
  • Assessor Parcel Number: 2654-037-019
  • Geocode Override: No
  • Lot Size Area: 32546

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.67
  • Number Of Units: 40
  • Rent Control: 100%
  • Total Annual Expense: 205771
  • Type Of Units: APT
  • Vacancy Rate: 5%

Range of Values:

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Average Value
Not Available
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 Change Sq Ft Price
06/13/2025 06/13/25 For Sale $8,350,000 +45.2% $188 / Sq Ft
11/25/2014 11/25/14 Sold $5,750,000 -3.4% $130 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $5,950,000 -- $134 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Grady Liu

    MacroReal Inv Grp Inc.

    (626) 236-8934

    9 Total Sales

    Grady Liu
    Section Image

  • H

    Seller Co-Listing Agent in 2025

    Hao Ding

    MacroReal Inv Grp Inc.

    (626) 898-5868

    10 Total Sales

    Hao Ding
    Section Image

  • D

    Seller's Agent in 2014

    David Harrington

    Matthews Real Estate Investment Services

    Section Image
  • Daniel Withers

    Seller Co-Listing Agent in 2014

    Daniel Withers

    Matthews Real Estate Investment Services

    (310) 365-5054

    2 in this area

    50 Total Sales

    Daniel Withers
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-779877

The MLS
California Los Angeles County Van Nuys 91406 Van Nuys

8070 Langdon Ave, Van Nuys, CA

This home is located at 8070 Langdon Ave, Van Nuys, CA 91406 and is currently priced at $5,750,000, approximately $129 per square foot. This property was built in 1964. 8070 Langdon Ave is a home located in Los Angeles County with nearby schools including Parthenia Street Elementary School, Vista Middle School, and Panorama High School.

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