15352 Vanowen St
Van Nuys, CA 91406
Attractive Price/Unit & GRM | Copper Plumbing · Multifamily Property For Sale
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18 Units
Property Facts
| No. Units | 18 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 13,635 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Zoning | R3-1, Los Angeles | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 13,635 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | R3-1, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
Site Amenities
- Laundry Facilities
About 15352 VANOWEN ST , VAN NUYS, CA 91406
Marcus & Millichap is pleased to present 15352 Vanowen Street, containing 18 apartment units, the property sits on a corner lot with strong visibility along one of the Valley’s major thoroughfares. The 13,635 square foot building surrounds a quiet, shaded courtyard, while parking in the front and rear allows space for a total of 18 vehicles. The current owner has completed all required seismic retrofit repairs, securing the building and eliminating a major expense from the future buyer’s ownership. A new water heater was also installed last year, while several unit interiors have been upgraded. Select units feature some combination of new wood/tile flooring, new kitchen cabinets, new appliances, and/or new granite countertops, but the opportunity remains for a new investor to apply an interior improvement plan to capture the approximately 34% rent upside. An on-site laundry room provides an additional income stream to benefit the new owner.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $1,045 | 600 |
| 2+1 | 9 | $1,330 | 800 |
Property Taxes
| Parcel Number | 2234-022-001 | Improvements Assessment | $1,394,398 |
| Land Assessment | $2,231,036 | Total Assessment | $3,625,434 |
Property Taxes
