Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
14837 Delano Street . Van Nuys , CA 91411
For sale 8 units in Van Nuys , Ca. For more information please contact the listing agent, Arash Memary 818-212-2817 Arash.Memary@marcusmillichap.com
Posted: 02/28/2020 11:50 am
| On HOMEiZ: 1527 days |
Updated: 4 years ago
| Views: 790
Location Map
Property Type
Sold
Property Price
$1762500
$1762500
02/19/2020
7,503.00
Sq. Ft.
$272
6489
Contact listing agent%
5.10%
$0
$89888
12.88
0.755%
$13307
Property Location & Description
For sale 8 units in Van Nuys , Ca. For more information please contact the listing agent, Arash Memary 818-212-2817 Arash.Memary@marcusmillichap.com
Rent Control
The property is comprised of an excellent unit mix with one, studio/1-bath unit and seven, 2-bed / 1-bath units. The offering is situated on a 7,503-square foot lot with 6,489-square feet of gross rent-able area, and it features individual meters for gas and electricity with copper plumbing throughout.
Van Nuys is located in the central San Fernando Valley region of Los Angeles and is strategically located near pockets of economic and development activity. It is home to the Van Nuys Airport and the Valley Municipal Building and is the only neighborhood in the San Fernando Valley with a population exceeding 100,000 residents. This quiet and up and coming area with great location allows residents to find work in the local business sector, direct access to the 405 freeway as well as Amtrak and Metrolink rail which gives easy access to commute to downtown.
8
$220313
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
0+1 (studio)
1
2.
2+1
7
3.
4.
5.
2241-016-016
LAR3
100%
Wood & Stucco
2
1964
Good
Value add opportunity - current rents approx. 27% below market.
Seven of eight Units Are 2 Bedroom.
Property Information
Controlled access
Sewer
Sewer System (Public)
Parking
Garage - Attached
On-street
8
Investment Overview
Investor
Energy Efficiency
No
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
Listing Presented by
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