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15624-15628 Vanowen St
Van Nuys, CA 91406
Motivated Seller! · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Great covered land opportunity in Van Nuys, California with opportunity to build eight ADU's (Buyer to verify)
- Four vacant units that have all be completely remodeled and delivered rent ready. A new buyer may choose their own tenants
- Total square footage of current rental units are ±6,870 on a ±20,650 square foot lot
- The property currently operates as an eight unit investment opportunity. two- single family homes and a six-unit apartment complex
- Build up to 39 units utilizing Transit Oriented Communities (Buyer to verify)
- The investment opportunity offers cash flow while going through the entitlement process
Property Facts
| No. Units | 8 | Lot Size | 0.47 AC |
| Property Type | Multifamily | Building Size | 6,870 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | R3, Los Angeles - LAR3 Allows for 1 Unit per 800 SF of lot area. By utilizing transit oriented communities, 39 units are allowed. 100% allows for unlimited density. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 6,870 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Los Angeles - LAR3 Allows for 1 Unit per 800 SF of lot area. By utilizing transit oriented communities, 39 units are allowed. 100% allows for unlimited density. |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 825 - 1,096 |
| 3+1 | 1 | - | 1,034 |
| 1+1 | 2 | - | 650 |
Property Taxes
| Parcel Number | 2234-004-026 | Improvements Assessment | $278,771 |
| Land Assessment | $780,584 | Total Assessment | $1,059,355 |
Property Taxes
Parcel Number
2234-004-026
Land Assessment
$780,584
Improvements Assessment
$278,771
Total Assessment
$1,059,355
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