The median home value in Van Nuys, CA is $850,750.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Van Nuys, CA is $850,750.
Approximately 45.51% of Van Nuys homes are owned,
compared to 47.38% rented, while
5.3% are vacant.
Van Nuys real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Van Nuys real estate agent to arrange a tour today! Learn more about Van Nuys.
Pleased to present the opportunity to acquire 15456 Vanowen Street, a 12-Unit investment opportunity located in Van Nuys, CA 91406. ASSUMABLE 3.75% FIXED RATE FINANCING! Great unit mix composed of (8) one-bedroom units and (4) two-bedroom units. Soft Story Retrofit has been completed!
24 Units Garden Style Two Story Multifamily Complex in West Van Nuys Area. Property Consist Of 7-2Br.+1Ba. 17-1 Br.+ 1 Ba. 21,133 Sq. Ft Lot, 18,602 Sq. Ft. Rental Space, Pool, On-Site Laundry, Private Balconies, Separate Miters, 24 Gated Parking Spaces w/New Sliding Gate Motor, Four Years Old Roof w/15 Years Warranty, Brand New Pool Equipment and Brand-New Metal Pool Child Proof Fence, Some Units Recently Remodeled, Property Fully Occupied. Rents Below Market Rate with Great Upside Opportunity. Convenient Corner Location with Easy Connectivity to 405/101/118 Fwys. Additional Street Parking, Good Neiborhood Schools. Bread and Butter Investment......
Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.
17319 Vanowen Street is an 18 Unit apartment building located in the Los Angeles neighborhood of Lake Balboa. The building is in excellent condition with attentive ownership and has recently undergone substantial upgrades which will give the new owner ease-of-mind. The roof has recently been completely replaced and the soft-story retrofitting has been completed. Per the LADBS, the certificate of compliance was issued 6/11/2021. Further, many of the units have been upgraded as the units have been turned over. The upgraded units are remodeled with luxurious interiors that include quartz countertops, hardwood floors, new lighting, fans, drywall, and commercial grade copper plumbing. The layout of the property is special and offers many benefits to an investor. The front entrance is gated and leads into a grass courtyard that is well-maintained and enjoyed by the tenants. The (18) units surround the grass courtyard and multiple stairways provide access to the second floor that allows plenty of natural light into the units. There is also another strategic advantage of this buildings layout for the intelligent investor. At the rear of the property sits parking facilities. According to the statewide legislation regarding ADUs, this property would be suitable for an additional 4 ADUs
