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.
4916 Hazeltine Ave, in the highly sought-after neighborhood of Sherman Oaks, presents a fantastic income opportunity with its 100% occupied, eight-unit building. With its ASSUMABLE FINANCING AT 3.51%, spacious 7,068 square footage building situated on a generous 7,908 square foot lot, this investment offers both size and potential. The prime Sherman Oaks location further enhances its appeal, providing easy access to all the amenities and attractions the area offers. Featuring a well-balanced apartment mix, including (2) three-bedroom units, (2) two-bedroom units, and (4) one-bedroom units, this property caters to a diverse range of tenants, ensuring stable and consistent rental income. Sherman Oaks is renowned for its tranquil suburban atmosphere, making it an ideal setting. The neighborhood's proximity to major studios further adds to its allure, attracting residents working in the thriving movie and TV industry. Residents of Sherman Oaks benefit from an array of upscale shopping options, including the nearby Westfield Mall and Sherman Oaks Galleria, along with a variety of local restaurants and boutiques. Outdoor enthusiasts will appreciate the abundance of parks, including the popular Van Nuys-Sherman Oaks Park, providing ample opportunities for leisure and recreation. Conveni
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
Commercial office building is a great investment opportunity for any business. With four spacious offices, this building is sure to meet your business needs. The building is equipped with updated AC and Heater systems as well as top of the line secur
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.
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.
Investment opportunity of a 10-unit building located at 5846-5850 Woodman Avenue, Valley Glen, CA. Offered at a current 6.52% Cap Rate with 96% upside in rents! Three (3) move in ready units may be delivered VACANT at the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath and (2) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined 9,876 square feet of rentable space on a combined 13,029 square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.
Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.
The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and
12.88 GRM | 94% POTENTIAL UPSIDE***Please Contact Us For An OM*** 9325 Sylmar Avenue, located in Panorama City, California with 4 (1+1) and 8 (2+1). There are big changes going on near Panorama City and North Hills. Primestor and the city are planning a major development called the "Panorama City Center". This massive development will offer over 5 million square feet of multi-family, retail, restaurants, entertainment, fitness, office, and medical. Basically, a walking city. This adds to other current and future huge developments being planned in the area. Izek Shomof has already converted the Panorama Tower (https://www.panoramatowerla.com), previously an office building, into 194 luxury residential apartments and due it's success, is now planning on building another 200 apartments w/ retail right next door. (https://la.urbanize.city/post/mixed-use-project-moves-forward-8141-van-nuys-panorama-city) We believe these major investments are due to the upcoming Light Rail Transit Line on Van Nuys Blvd. Transit Lines have been proven to change neighborhoods, sometimes increasing rents 25-67%. Large developers know this and build accordingly. These transformative large developments further change the neighborhoods. Nearby property owners receive the benefits. Call us, we can help you p
It is anticipated that area will be within a new Mixed Use area known as the Tapo-Mixed Use area. If approved by the City Council (anticipated date will be late summer), the density will be as detailed in the city's MU code . Mixed-Use (MU) Overlay District Standards. Residential density. THE ALLOWED RESIDENTIAL DESITY IS 20.1 to 35 UNITS PER ACRE! Commercial (Office Building). Large secured lot with offices and huge flat space for over-sized vehicle parking. Plus 2 large storage buildings approx 20'x40' and another approx 12'x36'. Room to park approx 20+ trailers around the edge of property! 5 or more large offices, + a large bullpen area, 3 Restrooms, Kitchen & open space, development potential. Perfect for so many types of businesses. Includes copper plumbing, A/C. Corner of Adam Rd and Tapo St, high visibility. Located in the Tapo Street Area of Envision Simi Valley The Envision Simi Valley project will develop a community vision for the Los Angeles Avenue Corridor and the historic Tapo Street Area. This vision will identify how the Los Angeles Avenue Corridor could become a Downtown area for shopping, entertainment, and mixed use residential development. It would also establish a neighborhood identity for the Tapo Street Area, with increased walkability and diverse commercia
Incredible opportunity to own 6 newer(built in 2007) luxury townhomes in most desirable area of Sherman Oaks only half block north of Ventura blvd. walking distance to numerous shopping, dining, public transportation, and entertainment all within close proximity. This offering presents major upside income potential as rents are currently low. All 6 townhomes have their own separate assessor parcel numbers so they should not fall under rent control as condos(buyer to verify) and can be sold separately upon forming HOA. All units are beautiful, spacious and have 3 bedrooms, 2.5 baths, bonus room by the garage and a loft on the top floor, open floorplan with large living room with sculptured ceilings and fireplace, Large granite kitchen with breakfast area, three bedrooms are on the second level of the home alongside the second guest bathroom with a tub, oversized landing. The primary bedroom has vaulted ceilings and is fully loaded with an ensuite bathroom, his and her walk in closets. The primary bathroom also has a double vanity, bidet, and a bathtub. The 3rd level of the condos contains a perfect space for loft or an office and leads to the rooftop deck with views. attached 2 car garage with direct access to the unit, in unit laundry. Pride of ownership property! Do not enter pr
Well maintained building with lots of recent updates to 5 of the 6 units. 3 one-bedroom units, 2 2-bedroom units, and one 3-bedroom 2 bath unit. 2 car garage, and a 4 car carport, with additional uncovered parking. Washer and dryer on property, security cameras, & new access control.
Great retail building with lots of vehicular and foot traffic. Main tenant is a cannabis dist business and smaller space is a billing office. Seller has done many upgrades including new plumbing, new central HVAC, and a new 400 amp electrical panel. This property has 7 parking spaces behind building. Neighbor on east side is a gas station. Located across the street from Plaza with a CVS, Banking and Vallarta Super Market. Located near restaurants and shops. OM with rent roll is available upon request.
Price slashed $150,000. Seller says sell! This is a prime commercial property for owner user retail or office use. All one floor. About half is office space and the other half is used for inventory, vehicle parking, etc. Great frontage visibility with signage on the building and on the monument sign. Great 10% down SBA financing may be available.
We are proud to present 6228 Fulton Ave, a 30 unit multifamily property located in the Valley Glen neighborhood in the city of Van Nuys. The seller's grandfather built this property in 1985, and it has been passed down from generation to generation since. After nearly 40 years of ownership, the family is offering up this property for sale for the very rst time in its existence.Built in 1985, this property is not subject to Los Angeles Rent Control (RSO). It is only subject to California's AB-1482 rent control laws which limit annual rent increases to 5% + CPI. With CPI currently around 3%, AB-1482 properties can currently receive a rent increase of about 8% this year.This 34,587 square foot property has an even count of 1 bedroom and 2 bedroom units. The 1 bed units average 868 square feet each, and the 2 bed units are an impressive 1,212 sqft each on average. The property has many common area amenities including a laundry room, mail room, and a pool with a courtyard for the tenants to enjoy. The property has a gated parking garage with 54 total parking spaces (8 singles and 23 tandem). The property has 45 total bedrooms so there is enough parking for each bedroom to get 1 spot and 9 additional spots for guests.This property offers a good a value-add opportunity to a savvy invest
Builders / Developers!!! Amazing opportunity, This is a fully subdivided property with final map recorded, with RTI, great opportunity and fully approved to construct 4 homes, 4 adu's, and an option for additional 4 Jr Adu's to create a monster cash cow!!! Owner paid park fees, school fees and deposit for off site improvements to the city. If you are a contrctor, this is a golden opprtunity to make a lot of money! drive by and check this out! Connect for further quesitons
Pleased to present a rare and unique opportunity to own an 11 Unit Value-Add property in the heart of Studio City, walking distance to the Shops at Sportsman's Lodge on Coldwater Blvd and the countless attractions, restaurants, bars, and cafes on Ventura Blvd. With over 36% percent upside in rents and significant capital already invested by Seller, this is an ideal opportunity for a Buyer seeking capital preservation and appreciation in a Class A location. The unit mix consists of Two - 2 Bedroom Units, Eight - 1 Bedroom Units, and One - Studio. Building is also settled on nearly a 10K lot with No Soft Story Retrofit required while offering an ADU opportunity for the next Buyer.
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!
12934 Valleyheart Dr. is an 8 unit apartment building located in the heart of Studio City, one of the most sought after locations in the San Fernando Valley. Constructed in 1954, the building has an excellent mix of units consisting of 4 - One Bed + One Bath Units and 4 - Two Bed + One Bath Units. These charming units are equipped with amenities including wall air conditioning, balconies, covered/gated parking, and secured entry. The building is located on a beautiful, tree lined street across from the Valleyheart Riverwalk. Tenants can enjoy close access to a variety of upscale shops, markets, and exercise facilities located at the nearby Shops at Sportsmen's Lodge. The building is being sold with 12914 Valleyheart Dr. & 12918-12924 Valleyheart Dr. Buildings may be purchased together or separately. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.