For sale 30 -unit multifamily property located in a desirable Van Nuys Location, California. For more information contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com

Posted: 10/19/2021 2:14 pm | On HOMEiZ: 921 days | Updated: 2 years ago | Views: 415

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$5635000

Last Sold Price

$5635000

Last Sold Date

10/19/2021

Total Lot Size

21,401.00 Sq. Ft.

Asking Price per Sq. Ft.

$346

Total Building Size Sq. Ft.

16264

Commission Split %

Contact listing agent%

Cap Rate %

3.80%

Gross Annual Income

Net Operating Income

$214130

Gross Rent Multiplier

14.38

Operating Expenses

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$70438

Property Location & Description

Listing Headline

For sale 30 -unit multifamily property located in a desirable Van Nuys Location, California. For more information contact the listing agent, Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com

Rent control

Rent Control

Property Description

This well-maintained two-story property consists of (18) singles, (9) junior one-bed/one-bath units, (1) one-bed/one-bath unit, (1) one-bed/two-bath unit, and (1) two-bed/two-bath unit. The property features on-site laundry and ample covered parking behind the building.

Location Description

Located in a desirable Van Nuys Location, California.

No. of Units

Price per Unit

$187833

Units Mix

No.

Description

No. Units

Sq. Ft.

Avg. Mo. Rent

0+1

1+1 junior

1+1

2+1

2+2

APN / Parcel ID

2331-004-026

Zoning

LAR3

Occupancy %

100%

Construction Type

Wood & Stucco

No. Stories

Year Built

1960

Overall Property Condition

Good

Highlights

Built in 1960 w/ Renovations

Property Information

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Off-street

On-street

Assigned Parking

# of Covered Parkings

No Data

Investment Overview

Type of use

Investor

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS URL of this listing to link to your own site or brokerage site

Listing Info

Listing ID: 2914

Sold

For Sale

$5,635,000

Listing Presented by

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13210 Victory Boulevard . Van Nuys , CA 91401