Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
6727 Orion Avenue . Van Nuys , CA 91406
We are pleased to present this unique offering at 6727 Orion Avenue in Van Nuys, CA. Situated on nearly an acre of land, this multifamily offering is comprised of 5 detached homes on one lot, all of which have their own private, fenced-off yard. For more information contact the listing agent,Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
Posted: 06/12/2022 4:09 pm
| On HOMEiZ: 692 days |
Updated: 1 year ago
| Views: 361
Location Map
Property Type
Sold
Property Price
$2077011
$2077011
06/10/2022
0.90
Acres
$369
5624
2.0%
3.99%
$0
$82873
14.95
1.25%
$25963
Property Location & Description
We are pleased to present this unique offering at 6727 Orion Avenue in Van Nuys, CA. Situated on nearly an acre of land, this multifamily offering is comprised of 5 detached homes on one lot, all of which have their own private, fenced-off yard. For more information contact the listing agent,Glen Scher 818-212-2808 Glen.Scher@marcusmillichap.com
Non Rent Control
This offering has a great unit mix of homes with (1) 1 Bed / 1 Bath + Den house, (2) 2 Bed / 1 Bath homes, (1) 3 Bed / 1 Bath house, and in front there is a large 1,700+ sqft 3 Bed / 2 Bath house with a private gate, front yard, and pool in the back. In total, there is 5,624 square feet of building between the homes, making the average house 1,125 square feet, and these homes range from 800 square feet to 1,700+ square feet. This property has two separate automated gates and secured entrances. The first gate is private for the front house which is completely walled off from the rest of the property, and the second gate leads down a long driveway where you'll find the remaining 4 homes. Over the 20+ years of ownership, this mom and pop seller has taken pride in their management by meticulously maintaining the property and never shying away from spending money on capital improvements. According to the Sellers, they have spent an estimated $165,000 of capital improvements, most of which were done in the past 5 years.
Van Nuys, CA
5
$415402
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
1+1
1
2.
2+1
2
3.
3+1
1
4.
3+2
1
5.
2234-005-007
LAR3
100%
Wood & Stucco
1
1958
Good
Built in 1958 w/ Renovations
Property Information
Sewer
Sewer System (Public)
Parking
Off-street
On-street
No Data
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
Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from
the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all
information, regardless of source, including but not limited to square footages and lot
sizes, is deemed reliable but not guaranteed and should be personally verified through
personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify
the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of
the information. No warranties or representations are made of any kind. Any
dissemination of this information is in violation of copyright laws and is strictly
prohibited.
Copyright © 2016 HOMEiZ A Media Group LLC. All rights reserved. TOLL FREE 1-818-857-8255