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14646 Kittridge St
Van Nuys, CA 91405
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Excellent unit mix consisting of two studios, two 1-bedroom units and a 4-bedroom single family home!
- Centrally Located east of the 405 Freeway and north of the 101 Freeway!
- New Roof and Electrical Throughout!
EXECUTIVE SUMMARY
The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 14646 Kittridge St, a five-unit investment opportunity located in the Van Nuys neighborhood of the San Fernando Valley.
PROPERTY FACTS
| Price Per Unit | $259,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.45% | Building Size | 4,252 SF |
| Gross Rent Multiplier | 10.39 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1958/2003 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LARD 1.5 - Residential | ||
| Price Per Unit | $259,000 |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Gross Rent Multiplier | 10.39 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,252 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2003 |
| Parking Ratio | 1.41/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD 1.5 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Eat-in Kitchen
- Range
- Views
- Yard
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Pet Play Area
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $1,032 | 270 - 310 |
| 1+1 | 2 | $1,730 | 544 - 628 |
| 4+4.5 | 1 | $4,860 | 2,500 |
PROPERTY TAXES
| Parcel Number | 2236-012-010 | Improvements Assessment | $584,842 |
| Land Assessment | $722,519 | Total Assessment | $1,307,361 |
PROPERTY TAXES
Parcel Number
2236-012-010
Land Assessment
$722,519
Improvements Assessment
$584,842
Total Assessment
$1,307,361
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