This property is Off-Market

17326 Cantlay Street
Van Nuys, CA 91406 ·

3 Units · Multifamily For Sale

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Lake Balboa Homes

Price N/A Commission Split 2%
No. Units 3 Cap Rate 6.06%
Building Size 3,163 SF Occupancy 100%
Property Type Multifamily Year Built 1949
Property Sub-type
Duplex/Triplex/Fourplex
More...
  • Garden/Low-Rise
Lot Size 10,476 SF
Property Use Type Investment APN / Parcel ID 2228-016-016
Listing ID: 17458762 Date Created: 12/19/2011 Last Updated: 11/06/2012

Description

Marcus & Millichap is pleased to present the Lake Balboa Homes. This
investment opportunity consists of three single family homes located at
17326 Cantlay Street, in a quiet residential neighborhood of Lake Balboa
in the San Fernando Valley. The investment which includes (1) Three
bedroom/ Two bath home, (1) Two bedroom/ One bath home, and (1)
Two bedroom/ Two bath home, which is also two-stories, enables an
investor to benefit from solid cash flow, with very minimal
management responsibilites.
Each home has its own private parking garages, private yards, and additional parking as well as extra storage.

The Lake Balboa homes are located one block north of Sherman Way
and and one block west of Louise Ave, on a quiet residential street that
is walking distance to the Louise Park and Anatola Ave Elementary
school. This is a rare opportunity for an investor to own a multi-unit
property in an area surrounded almost entirely of single-family homes.

Highlights

  • Solid Single Family Home Neighborhood
  • Minimal Management Responsibility
  • Private Garages and Patios
  • New Roof
  • Solid Cash Flow

Research

17326 Cantlay Street, Van Nuys, CA 91406 (Los Angeles County)

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