5934 Buffalo Ave | Van Nuys, CA 91401
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- LoopNet Team
5934 Buffalo Ave
Van Nuys, CA 91401
Multifamily Property For Sale
·
15 Units
INVESTMENT HIGHLIGHTS
- 15 units in excellent Valley Glen rental pocket
- Second floor units feature wooden high beam ceilings
- Large 22,486 square foot lot with room to build two additional ADUs
- Exceptional unit mix of 11 (2+2) units, 3 (1+ 1) and 1 (1+2)
- Tremendous upside in rents and a 9.62 GRM on market rents
- Seller is open to an AITD or creative financing
PROPERTY FACTS
| No. Units | 15 | Building Size | 15,331 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1972 |
| Lot Size | 0.52 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.52 AC |
| Building Size | 15,331 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | LARD1.5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 750 |
| 2+2 | 12 | - | 1,090 |
PROPERTY TAXES
| Parcel Number | 2343-001-043 | Improvements Assessment | $2,080,800 |
| Land Assessment | $1,456,560 | Total Assessment | $3,537,360 |
PROPERTY TAXES
Parcel Number
2343-001-043
Land Assessment
$1,456,560
Improvements Assessment
$2,080,800
Total Assessment
$3,537,360
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