The offering is a rare and attractive value add investment property located in Prime Sherman Oaks Adjacent to Studio City. The property is situated in one of the trendiest neighborhoods in the San Fernando Valley, located just off of Ventura Blvd tenants are within close walking distance to the New Sportsman Lodge where there is an abundance of plethora of fine dining, shopping, and entertainment options. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime Valley Location with significant value-add potential. There is an excellent unit mix consisting of Twelve 1 Bedroom / 1 Bathroom Units and One Studio Unit which is, very desirable for today's rental market. Two of the Units will be delivered Vacant at the close of escrow. The property sits on a large 15,160 SF Lot and has 14 Uncovered Parking Spaces. All units are separately metered Gas and Electric. This Valuable Asset is available for Sale for the first time in+25 Years!
Huge Price Reduction. Located in the vibrant Toluca Lake, this property is at the center of it all. Precise Real Estate Investments is pleased to offer for sale 10730 Riverside Drive, an extremely rare medical/mixed use building. This remarkably well maintained, pride of ownership property offers an owner/user the opportunity to occupy approximately 1,490sqft of space while collecting income from a larger medical tenant and from a residential tenant. The current owner occupies approximately 1,900sqft and would consider a lease back. The residential unit has been recently renovated and can be rented for an immediate income at a fair market rate. For all questions, please contact the listing broker.
This charming 5-unit apartment building is located at 11613 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1953, this building offers on-site laundry facilities. The unit mix is comprised of three 1bedroom/1bathroom and two 2bedroom/1bathroom units totaling approximately 4,391 rentable square feet on approximately 6,000 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, new sewer lines, and the soft story retrofit in 2019. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11617 and 11621 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Gol
This charming 5-unit apartment building is located at 11621 1/2 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1945, this building has a unit mix comprised of one studio, three 1bedroom/1bathroom and one 2bedroom/1bathroom unit totaling approximately 3,100 rentable square feet on approximately 6,728 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, and new sewer lines. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11613 and 11617 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Golf Club, Weddington Golf Club and The Shops at Sportsma
LAC2 zoning, corner property great for future development, Exceptional investment opportunity awaits in one of most sought-after neighborhoods. This five unit building, ideally situated near the vibrant shops and restaurants presents a unique opportunity for investors, buyers and builders. Comprised of three 2 bedrooms and two 1 bedrooms and 5 parking spaces. The true potential can be seen with current rental market values in the neighborhood. Tenants are month-to-month, pay rent on time and will remain in place. Seller sates building needs retrofitting within next 2 months and the cost is around $40k.
Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime locationschedule a showing today and seize the potential that awaits in Van Nuys.
RTI, Ready to start construction for 6 units Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915 Rents per Section 8: 2 BR 2 BA $3052 All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information
We are proud to represent this 7 unit apartment building in Van Nuys. The property has an excellent unit mix consisting of (1) studio, (4) 1+1 units, (1) 2+1 unit, and (1) 3+2 unit. With a lot size of 6,252 square feet, the property has a total of 5,200 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity.
We are pleased to present for the very 1st time ever, the Burbank Terrace Condos. Being offered by the original developer and owner since its inception in 2006, the property can widely be considered one of the nicest assets to be built within the city. Initially developed as condominiums, the level of construction and attention to detail is of high caliber. There is currently a $1.995M assumable loan at 3.45% This unique opportunity to obtain capital at over 50% discount from the going interest rates will significantly improve cash flow and shelter against rising inflation. For additional cashflow stream, a utility billback system can easily be incorporated as well. Boasting massive unit mixes and modern luxuries such as in-unit washer dryers, fireplaces, wet bars, gated subterranean parking, intercom controlled access, and priceless views of the Verdugo Mountains, the Terraces are With a WalkScore of 92, a "Walker's Paradise" tenant are within reach of all major shops, dining, and service options within the city. Across the street from the largest and most touted Burbank High School, vacancy has been and will continue to be historically nonexistent. As Burbank tenants and landlords alike wait patiently, the proposed old lkea site development which will be only steps away from
MEDIA AREA OF BURBANK. Great location. Corner property, with street and alley access. Two Buildings totaling 8474 sq. ft. Main Building is 6950 SF including loft offices. 3 Bathrooms, 2 Kitchens, Rollup door, Reception area, Conference Room, Private Offices, Warehouse Space. Second building: 1524 sq. ft. with Kitchen and Bathroom. On 11,324 sq. ft. Lot. Gated Onsite Parking for 13 cars, plus street parking. Security System. Due to Burbank's initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax.* Buyer to confirm tax benefits with the city of Burbank and all information listed above. Buildings were completely renovated in 2011. Close to Shopping, Entertainment, Airport, Transportation, Studios, Downtown Los Angeles and 5 Freeway.
We are proud to present 14317 Haynes Street, a 7-unit apartment building located in Van Nuys, CA. Built in 1964, the subject property sits on a 7,500 square foot lot and offers a mix of 3- 1 bed/1 bath and 4- 2 bed/2 bath units, totaling 6,009 gross square feet. The offering is turnkey, featuring brand-new copper plumbing, roof, water heaters, laundry facilities and equipment (all owned, not leased), stainless steel appliances, and granite countertops. Additionally, units 1, 4, and 7 have undergone thorough gut renovations. The only outstanding items are fresh paint and driveway refurbishment, which the owner opted not to finalize to avoid prolonging tenant occupancy. Cash for keys has not been attempted by the owner. The property has ample gated parking for tenants with easy access through the right side of the building. To enhance the quality of living for residents, the property features a smoke-free environment with laundry facilities and proximity to shopping and restaurants. Select units have been completely updated with new stainless steel appliances, granite countertops, cabinets, bathrooms & kitchens, and laminate flooring throughout. One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 48% below
***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. Two buildings with separate APNs can be purchased together or separately. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features six brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The property offers an in-place Cap rate of 4.90%, the townhomes are non-rent controlled and are not subject to LA City rent control regulations. The property consists of two separate buildings on separate APNs, each with three townhomes, providing both privacy and exclusivity. Each unit offers over 2,500+ square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation.The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security.Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epito
Terrific retail commercial property with a lot of potential due to its prime location in Van Nuys. The ample parking with 12 parking spaces and high visibility are definite advantages for attracting customers. Property features a 5,950 SF building on a large lot of 10,000 SF with newer roofing. The property offers convenient access to public transit, major freeways and existing LA Metro Orange line as well as Potential Project Metrolink Green line.
Welcome 4087 Tujunga Avenue a remarkable 7-unit multi-family asset nestled in the heart of Studio City, the most coveted submarket within the vibrant San Fernando Valley. Boasting a diverse unit mix including 3, 2, 1-bedroom, and Studio layouts, each recently renovated with sleek modern appliances and luxurious hardwood floors, this property epitomizes contemporary living at its finest. Strategically located at the base of the illustrious Hollywood Hills and mere minutes away from major production studios, this locale possesses an undeniable allure, drawing a wide array of desired tenants and ensuring rapid occupancy for any vacant units. The benefits for the new owner are substantial a stable, low-risk investment generating impressive income with minimal tenant turnover.
Presenting an exceptional opportunity to acquire a distinguished office building that exemplifies sophisticated craftsmanship and strategic positioning. This two-story marvel, built in 1997, stands as a testament to pride of ownership, featuring building size of 8,951 square feet nestled on a 13,323 square feet lot. Fully leased with 100% occupancy, this commercial gem is anchored by two steadfast tenants, one of which is a publicly traded company listed on the NYSE, which has proudly operated within these walls since the year 2000, testament to the property's enduring appeal and prime location. The proximity to a myriad of prestigious studios and the vibrant entertainment district underscores the strategic advantage of this locale, ensuring a continual demand and securing its status as a pivotal site in one of the industry's most coveted neighborhoods.Property is subject to inspection after acceptance of offer.
5-unit Apartment building on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New windows installed this year. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball, and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.
Fully renovated office complex conveniently located within an OPPORTUNITY ZONE just off Van Nuys Blvd, showcasing four individual units, four bathrooms, a spacious conference room, two fully equipped kitchenettes, and 14 parking spots accessible via a private motorized gated driveway. Renovations encompass comprehensive upgrades including drywall installation, electrical improvements, flooring replacement, new doors and partitions, as well as a fresh roof and windows. The primary upstairs unit features custom glass partitions, an expansive open floor plan, and a covered turfed balcony. Situated within easy reach of shopping centers, retail outlets, Van Nuys airport, and The Superior Court of California for added convenience.
An exceptional opportunity awaits to acquire a piece of historic Van Nuys. This property thrives amidst a bustling commercial hub, adjacent to a popular Mexican restaurant and strategically positioned across from the federal, state, and local government center, housing administrative offices, courthouses, and a post office. It presents a rare chance for businesses seeking to establish themselves in a vibrant and dynamic locale. The venue, currently operational and meticulously designed, caters to a diverse range of events, from elegant weddings to corporate galas and milestone celebrations, accommodating the capacity of 100 people. While the business itself is not for sale, this property offers a prime location that should not be overlooked. Conveniently, public parking is within walking distance, enhancing accessibility for guests and patrons. With its mixed-use potential and proximity to key amenities, this property is a compelling investment opportunity for those looking to capitalize on Van Nuys' rich heritage and thriving commercial landscape.
Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures.. Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility. The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential. Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctu
Great opportunity for owner user to operate approximately 5,000 SF of mixed use property with office/ retail space and or warehouse space . This retail space has vaulted ceilings, and polished concrete floors. Situated approximately 200ft west of Van Nuys Blvd. The property boasts versatile zoning (LAC2) Potentially for a multi-residential development an excellent opportunity for both Owner user and developers alike. The combination of location, zoning, and redevelopment possibilities makes this property a lucrative opportunity for savvy investors. Property can also be purchased together with 14520 Erwin St for $1,850,000.
Great Opportunity to own a retail location on Ventura Blvd. Property will be vacated for an owner-user or investor buyer. Prime Studio City/Ventura Blvd. address with a centralized location and close proximity to CBS, Universal, Hollywood & Tujunga Village. Plenty of on-street metered parking and two-hour/open parking at the side street on the east corner of Tropical Dr. Per LADBS, property contains a "grandfathered" provision allowing for any uses of 1/500 parking ratio or less, i.e., most retail and office uses - Buyer to verify. Property includes APNs 2378-021-005 & 2378-021-006. Listed square footage is estimated. Seller is selling property "as-is" and makes no warranties. Buyer to perform their own inspection(s) and due diligence.
Welcome to your dream investment opportunity in Burbank! Located in a beautiful Rancho Adjacent neighborhood and within the highly rated Burbank Unified School District, this charming 8-unit apartment building is the epitome of comfort and convenience. Each unit boasts its own designated parking spot, ensuring hassle-free parking for all residents. The building features full copper plumbing and energy-efficient dual-pane windows, providing both durability and insulation. As you step onto the freshly paved asphalt driveway, you'll immediately notice the attention to detail and care put into this property. The doors on each unit have been recently updated and the newly applied stucco and fresh paint offer delightful curb appeal, while the new fascia and gutters enhance the overall aesthetic. Rest assured, the updates extend beyond the surface - the electrical system has been updated to meet modern standards. For added convenience, a community laundry facility is at the disposal of all residents, making laundry day a breeze. The front unit is a single family home comprising two bedrooms and one bathroom as well as its own water heater and laundry room. The 7-units in the back have a new commercial water heater and each unit has designated storage. Don't miss this incredible opportun
