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Vose Manor 15329 Vose St 25 Unit Apartment Building $6,700,000 ($268,000/Unit) 5.85% Cap Rate Van Nuys, CA 91406
Investment Highlights
- Built in 1987- Not Subject To LA City Rent Control
- Long-term Ownership Selling- First Time on the Market in Over 20 Years!
- Excellent Unit Mix- Mostly Two Bedroom Units
- Offered at 5.85% Cap Rate and Under 10x GRM
Executive Summary
15329 Vose Street is a 24,952 square foot apartment community constructed in 1987. Situated in the Van Nuys neighborhood, the property has a combined unit mix consisting of (2) One-Bed/One-Bath units, (1) Townhouse unit, (20) Two-Bed/Two-Bath units, and (2) Two-Bed/Two-Bath balcony units, totaling an average of 944 square feet each. The property is exempt from the City of Los Angeles rent stabilization ordinance (rent control).
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
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| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,700,000 | Building Class | C |
| Price Per Unit | $268,000 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 24,952 SF |
| Cap Rate | 5.85% | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.97 | No. Stories | 2 |
| No. Units | 25 | Year Built | 1987 |
| Property Type | Multifamily | Parking Ratio | 1.92/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R3-1 | ||
| Price | $6,700,000 |
| Price Per Unit | $268,000 |
| Sale Type | Investment |
| Cap Rate | 5.85% |
| Gross Rent Multiplier | 9.97 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 24,952 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.92/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Controlled Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,800 | 700 |
| 2+1.5 | 1 | $1,995 | 1,235 |
| 2+2 | 22 | $2,193 | 950 - 1,100 |
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Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | 2222-032-019 | Improvements Assessment | $2,289,908 |
| Land Assessment | $3,434,864 | Total Assessment | $5,724,772 |
Property Taxes
Parcel Number
2222-032-019
Land Assessment
$3,434,864
Improvements Assessment
$2,289,908
Total Assessment
$5,724,772
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Vose Manor | 15329 Vose St
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