8204 Langdon Ave | Van Nuys, CA 91406
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- LoopNet Team
8204 Langdon Ave
Van Nuys, CA 91406
34-Unit Apartment Complex · Multifamily Property For Sale
·
34 Units
INVESTMENT HIGHLIGHTS
- Seller Financing | 4.5% Interest Only Fixed for 3 Years
- Current / Pro Forma GRM: 10.70 / 8.15
- Major Renovations throughout the Building & Units
- Potential to Achieve a 12.59% Cash-on-Cash
- Value Add Potential | Current CAP / Pro Forma: 5.80% / 8.54%
PROPERTY FACTS
| No. Units | 34 | Building Size | 19,938 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 0.79 AC | ||
| Zoning | LAR3 | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 19,938 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 2654-036-021 | Improvements Assessment | $3,641,400 |
| Land Assessment | $2,392,920 | Total Assessment | $6,034,320 |
PROPERTY TAXES
Parcel Number
2654-036-021
Land Assessment
$2,392,920
Improvements Assessment
$3,641,400
Total Assessment
$6,034,320
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