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15455 Vanowen St 12 Unit Apartment Building $2,750,000 ($229,167/Unit) 5.54% Cap Rate Van Nuys, CA 91406
Executive Summary
Electric Meters and Main panels upgraded in 2026. No Soft Retrofitting is required. Low maintenance. Always 100% occupied. Easy to Rent. High Traffic area. Driveway access from Vanowen & Orion. Close to Freeways, schools, shopping. Extra-large lot 15016 SQ FT, Rentable building area is 8238 SQ FT, Total of 12 Units with great combination consisting of 8 Units of 1 Bedroom, 4 Units of 2 Bedrooms. Additional income from 2 laundry stations, 1 at each building. Several units have been upgraded.
Next adjacent parcel is an identical set up and also is available for sale separately or combined Brochure attached.
Next adjacent parcel is an identical set up and also is available for sale separately or combined Brochure attached.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$210,708
|
$26.34
|
| Other Income |
$2,700
|
$0.34
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$213,408
|
$26.68
|
| Taxes |
$29,255
|
$3.66
|
| Operating Expenses |
$31,677
|
$3.96
|
| Total Expenses |
$60,932
|
$7.62
|
| Net Operating Income |
$152,476
|
$19.06
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $210,708 |
| Annual Per SF | $26.34 |
| Other Income | |
|---|---|
| Annual | $2,700 |
| Annual Per SF | $0.34 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $213,408 |
| Annual Per SF | $26.68 |
| Taxes | |
|---|---|
| Annual | $29,255 |
| Annual Per SF | $3.66 |
| Operating Expenses | |
|---|---|
| Annual | $31,677 |
| Annual Per SF | $3.96 |
| Total Expenses | |
|---|---|
| Annual | $60,932 |
| Annual Per SF | $7.62 |
| Net Operating Income | |
|---|---|
| Annual | $152,476 |
| Annual Per SF | $19.06 |
Property Facts
| Price | $2,750,000 | Building Class | C |
| Price Per Unit | $229,167 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 8,328 SF |
| Cap Rate | 5.54% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LAR3 | ||
| Price | $2,750,000 |
| Price Per Unit | $229,167 |
| Sale Type | Investment |
| Cap Rate | 5.54% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 8,328 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.44/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2234-025-019 | Total Assessment | $2,350,181 |
| Land Assessment | $940,072 | Annual Taxes | $29,255 ($3.51/SF) |
| Improvements Assessment | $1,410,109 | Tax Year | 2025 |
Property Taxes
Parcel Number
2234-025-019
Land Assessment
$940,072
Improvements Assessment
$1,410,109
Total Assessment
$2,350,181
Annual Taxes
$29,255 ($3.51/SF)
Tax Year
2025
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15455 Vanowen St
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