This 32-unit two-story garden style complex has gated entry, a pool, laundry room and landscaped courtyard. The parking is also gated and has 24 tuck under spaces, 9 carport spaces and one open space for a total of 34 cars. The City of Los Angeles mandatory seismic retrofit work has already been completed by the owner. Other capital improvements include repaving the driveway and putting on a new roof about 10 years ago.The building is separately metered for both gas and electricity and the majority of the units have a private patio or balcony. The unit mix is excellent of 56% two bedrooms, two baths units averaging $1.59 psf and 44% one bedroom units averaging $1.34 psf. Both unit types are currently renting significantly below the current market of at least 50%.This well-maintained complex offers an investor stable cash flow with upside that will appreciate in value over time. The property is also located in an Opportunity Zone, which offers an investor the potential to defer and eliminate capital gains if they substantially improve the asset per the existing OZ laws. *Located in Opportunity Zone *Very well maintained *Great Mix of 1 & 2 Bedrooms with Balconies / Private Patios *Gated Parking & Entry *Pool, Laundry and Landscaped Courtyard
This fantastic commercial property listing in Pacoima spans 1490 square feet and offers essential amenities including a kitchen, ample storage space within the garage, and a bathroom. Upon entry, you're greeted by a receptionist desk and glass samples, creating an inviting opening for visitors. The layout includes designated workspace areas as well as a meeting space, ensuring versatility for various business needs. Tucked into a corner are the kitchen and bathroom facilities, providing convenience without compromising on the overall functionality of the space. The highlight of this property is the expansive garage area, presenting limitless possibilities for storage solutions, additional workspaces, or potential transformation into alternative usage to suit the occupant's requirements.
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 to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 5% interest for 5 years, with a $1,350,000.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath Units. Each unit features contemporary interiors with w
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.
REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 11 bedrooms and 8 bathrooms, making it a substantial income-generating asset?1?. Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment. With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth. The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate. Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones th
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
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.
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.
We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.
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.
Consider the option to construct or establish a new nursery in Valley Glen, a highly sought-after area in Van Nuys for both multifamily and office developments. This presents an exceptional investment prospect for experienced investors and developers. The property is already set for development, boasting plans for a luxurious apartment complex consisting of 23 units spanning 31,150 square feet, along with an additional 1,200-square-foot ADU. The unit composition is diverse, featuring twenty 2-bedroom + 2-bathroom units and three 3-bedroom + 2-bathroom units, including two designated for low-income residents. Projections indicate an impressive annual gross income of $796,536. The lot, measuring 19,961 square feet, is zoned as R3 (16,817.33 square feet) and R1 (3,151.3 square feet). Market rental rates average $2.58 per square foot. Parking is ample, with a 14,566-square-foot area providing space for 36 vehicles. The average unit size is 1,132 square feet.
Great investment opportunity in downtown Ojai. Well established owner-user currently occupying the front building, will stay with long term lease or flexible to relocate. Centrally located and walking distance to all of Ojai's downtown amenities. Opportunity for future development, or buy and hold with great current tenant occupancy.
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.
This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California.
This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California.
These 2 adjoining legal lots in the heart of Ojai have amazing potential as income properties or future developments. One lot is the current location of the Love Cafe and the adjoining, vacant lot, currently serves as a parking lot. Let this once in a lifetime prime downtown opportunity just a block from the Ojai Arcade and the Ojai Playhouse be your canvas for a creative vision.
$$$BRING YOUR OFFERS$$$ONE OF A KIND FRONTAGE ROAD M1 /M2 ZONING!! Work and Live!! Think of the possibilities Run your OWN Business /Recycle center? IRON work Shop?? Paint Shop??? Mechanic shop/ Manufacturing???? Tow Truck business????Palet Storage?????? Shipping and receiving Produce Cooling???????ENDLESS POSSIBILITIES!!Make your appointment TODAY.
This luxury office/commercial building is in the heart of downtown Ojai. It was fully remodeled in 2017 and includes 10 offices, a lobby, a conference room, a kitchen and 3 bathrooms. Interior spaces with high ceilings are full of light from the large windows, and accents include tile, wood floors, glass walls, hand hewn beams, and top quality black hardware. Outside there is ample onsite parking, a courtyard and a back yard shaded by a beautiful mature oak. With its ideal location and high build quality, this building offers many possibilities: a large office for a single company, a business collective, a shared doctor's office, a spa, a retail space, or a gallery. There is nothing else like this available anywhere in Ojai.
We are pleased to present the exclusive listing of this 13-unit property consisting of all two-story townhomes in the city of Ventura. Featuring a unique unit mix with great value-add potential, this property is situated on a 31,000 SQF lot comprising a complete side of a quiet cul-de-sac. Conveniently located just one mile away from Interstate 101 Freeway and The Ventura Shopping Center consisting of a Walmart, Trader Joes, LA Fitness and local restaurants. Highly attractive interest-only assumable financing available at 3.4% for the next 3 years leaving ample time to add significant value to the property and units. Link available with all property financials information! *This property is only subject to CA-AB 1482 Statewide Rent Control
Industrial Elegance with Spanish Revival Flair in Downtown Ojai - Unveil a unique blend of industrial charm and Spanish Revival influence with this exceptional commercial building at the epicenter of downtown Ojai. This 1736 square feet masterpiece, complete with an office loft, hip containers, and a vine-covered pergola, redefines the concept of a premier commercial space.Key Features:Industrial Sophistication: Immerse yourself in the allure of industrial design, featuring exposed elements and a raw aesthetic that exudes contemporary coolness.Spanish Revival Influence: A nod to timeless elegance, the Spanish Revival influence adds character and warmth, creating a distinctive architectural fusion that sets this property apart.Strategic Visibility: Strategically positioned for maximum visibility, this commercial haven draws in the vibrant tourist and shopper traffic that characterizes downtown Ojai.Adjacent Prestige: Adjacent to a almost completed, new posh hotel and museum, the property is embraced by a neighborhood that epitomizes exclusivity and sophistication.Flexible Spaces: High ceilings, an office loft, and hip containers provide versatile spaces, allowing businesses to adapt and thrive in an environment that reflects modern trends.Outdoor Oasis: Venture outdoors to over ha
We proudly present this exceptional opportunity which features two separate apartment buildings located in the highly sought-after pocket of Valley Glen. A total of 16 units sit on two adjacent parcels with an impressive lot size of just under 18,000 SF. 6444 Mammoth Ave offers a unit mix of (4) spacious two-bedroom + one-bath apartments and (2) one-bedroom + one-bath units. The sister building, 6438 Mammoth Ave, consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment. The property includes tenant amenities such as an onsite laundry facility, ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state.
IMPROVED PRICING AS SELLER HAS FOUND THEIR UPLEG -- PROPERTY IS PRICED TO SELL AND FEATURES THE LOWEST GRM AND HIGHEST CAP RATE AVAILABLE IN SHERMAN OAKS. More than 78% of the unit interiors have been thoroughly upgraded, featuring new amenities such as custom Calacatta quartz countertops, French Oak-inspired wood flooring, stainless steel appliances, and completely remodeled bathrooms. A new investor may be able to benefit from the already-completed upgrades to realize consistent income improvement, as area rents have steadily increased even in the short time since these renovations were completed. Moreover, a new owner can conduct a similar revitalization of the remaining three apartments to potentially recapture approximately 15% in rent upside. Because nearly all of the units are currently leased at or near market rent levels, the effects of local rent control have been essentially removed, leaving the new owner a market rental base similar to that of a non-rent controlled asset. Located near the intersection of Valleyheart Drive and Kester Avenue, the building sits only four blocks from the fine dining and premium boutiques along world renowned Ventura Boulevard. The property features spacious floorplans covering approximately 12,925 square feet across the 14 units. Recent m
Property is for sale on an individual basis or in connection to "The Oxnard Collection Portfolio". Please reach out directly for access to the current rent roll, financial set up and most recent P&L.
