15840 Vanowen Street Pending

Van Nuys (los Angeles),CA 91406

$ 970000

- Bed

- Bath

3349 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 3,349 sqft

Price per Sqft $289

MLS Listing ID CRSR25076834

Year Built 1952

Lot Size 8,503 Sqft

Property Sub-Type Other

Property Description

Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation. The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for a

Location

State CA

County Los Angeles

Interior

Laundry No Hookups

Building

Water Public

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