17007-17013 Vanowen St 16 Unit Apartment Building $2,995,000 ($187,188/Unit) 5.34% Cap Rate Van Nuys, CA 91406

Situated along a major thoroughfare in the heart of Van Nuys, 17007–17013 Vanowen St presents a rare opportunity to acquire a sizable multifamily asset in one of the San Fernando Valley’s most high-demand rental markets. The property features a desirable and balanced unit mix of eight (8) 1-bed/1-bath units and eight (8) 2-bed/1-bath units, catering to a broad tenant base and supporting strong, consistent occupancy.
The building offers a full suite of tenant-focused amenities, including secure gated entry, on-site parking, and on-site laundry, enhancing both tenant satisfaction and operational efficiency. Additionally, the property is individually metered for gas and electric, allowing ownership to reduce utility expenses and improve overall cash flow.
Strategically located with excellent visibility and accessibility, the property benefits from immediate access to I-405 and CA-101 freeways, making it ideal for commuters. Nearby demand drivers include Van Nuys Airport, Panorama Mall, and a wide array of shopping, dining, and public transit options, further reinforcing the property’s strong rental appeal.
With its scale, location, and strong fundamentals, 17007–17013 Vanowen St represents a compelling long-term investment opportunity offering stable in-place income and continued upside potential in a proven Van Nuys rental corridor.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.