13617 Leadwell St 6 Unit Apartment Building $1,050,000 ($175,000/Unit) 4.98% Cap Rate Van Nuys, CA 91405

Located in a prime Van Nuys submarket, 13617 Leadwell St offers investors a well-positioned multifamily asset in a consistently high-demand rental location. The property features a strong and versatile unit mix of four (4) 1-bed/1-bath units and two (2) 2-bed/1-bath units, appealing to both long-term tenants and working professionals seeking convenient Valley living.
The building is equipped with secure gated entry, on-site parking, and on-site laundry, providing essential amenities that enhance tenant retention and overall operational efficiency. Additionally, the property is individually metered for gas and electric, allowing ownership to minimize utility expenses while maintaining a streamlined management structure.
Ideally situated near Van Nuys Transit Station, the property offers excellent access to public transportation, major employment centers, and everyday conveniences. Residents benefit from quick connectivity to CA-170 and I-405 freeways, as well as proximity to Los Angeles Valley College, shopping centers, dining options, and neighborhood services.
13617 Leadwell St represents a compelling opportunity to acquire a stabilized multifamily property in one of the San Fernando Valley’s most active rental corridors, with solid in-place income and long-term upside potential driven by location and continued rental demand.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.