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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 2,200,000

Est. payment -/mo

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Active Under Contract

14306 Vanowen ST Van Nuys, CA 91405

0.29 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID P1-21290

HOA Y/N No

Year Built 1955

Lot Size 0.295 Acres

Property Description

Located on Vanowen Street in Van Nuys, CA this two parcel [(14306 Vanowen : APN# 2237-004-038) and 14310 Vanowen : APN# 2237-004-039)] investment opportunity is a twelve unit apartment complex offering (4) - 2 bed / 1 bath and (8) - 1 bed / 1 bath units. Situated behind upgraded security gates, this property offers a clean investment opportunity that has +/-68% upside in rental potential. The properties have been upgraded with new double paned windows as well as copper plumbing (buyer to verify). Furthermore, the property does not require seismic retrofit due to the covered parking at the rear portion of the property. A savvy investor may investigate the opportunity to construct ADU's at the rear portion of the property for additional value-added investment stewardship.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Detached Carport

Fence Wrought Iron

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 12

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 2237004038

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Casey Picard • Keller Williams Realty

Nicole Darwin

Advisor

+1(707) 330-4357

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