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Investment Highlights

  • Good Mix
  • Laundry Room
  • Interior Courtyard
  • Approved Plans for 3 Accessory Dwelling Units (ADUs)

Executive Summary

The subject property is a 13 unit apartment building located at 6649 Sepulveda Boulevard, Van Nuys, CA 91411. The property was built in 1954 and is located North of Victory Boulevard and South of Vanowen Street. The unit mix consists of one studio/one-bathroom unit, eleven two-bedroom/one-bathroom units, and one three-bedroom/one-bathroom unit. The building has an interior courtyard and there is a laundry room. The Seller shall provide the Buyer with approved plans for 3 accessory dwelling units (ADUs), one one-bedroom/one-bathroom and two two-bedroom/one-bathroom.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,995,000
Price Per Unit $230,385
Sale Type Investment
Cap Rate 4.52%
Gross Rent Multiplier 12.73
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 10,480 SF
No. Stories 2
Year Built 1954
Zoning RD1.5, Los Angeles - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $989.00 -
2+1 11 $1,537 -
3+1 1 $1,715 -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2234-017-017
Land Assessment
$722,855
Improvements Assessment
$1,084,286
Total Assessment
$1,807,141
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 38809512

  • Date on Market: 12/17/2025

  • Last Updated:

  • Address: 6649 Sepulveda Blvd, Van Nuys, CA 91411

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