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6519 Sepulveda Blvd
Van Nuys, CA 91411
8 Units Value-Add in Van Nuys · Multifamily Property For Sale
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8 Units
Investment Highlights
- Over 47 Percent of Rental Upside Through Interior and Exterior Renovations.
- First Time on the Market in Over 35 Years –a True Generational Asset.
- New Ownership Has an Opportunity to Add Additional Units Through the State’s Favorable Accessory Dwelling Unit (ADU) Program
- The Property Offers Six Parking Spaces and Ample Street Parking.
- Excellent Location in the Heart of the San Fernando Valley that Enables Residents to Experience Short Commute Times to Various Employment Hubs
Property Facts
| No. Units | 8 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 6,513 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,513 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 2234-017-003 | Improvements Assessment | $987,176 |
| Land Assessment | $988,259 | Total Assessment | $1,975,435 |
Property Taxes
Parcel Number
2234-017-003
Land Assessment
$988,259
Improvements Assessment
$987,176
Total Assessment
$1,975,435
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