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Key Details
Sold Price $4,336,500
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 12,207 sqft
Price per Sqft $355
MLS Listing ID CL23246965
Sold Date 06/23/23
HOA Y/N No
Year Built 1985
Lot Size 0.383 Acres
Acres 0.38
Property Description
We are pleased to present a seventeen-unitmultifamily property located in a desirable Lake Balboa/ VanNuys location. Built in 1985, the property is not subject to LA CityRent Control (Still Subject to CA Rent Control AB1482). There is anice unit mix of two-Studios, thirteen one-bedroom/onebathroomunits and two two-bedroom/two-bathroomunits.Located on Vanowen Street, the property provides residents acentral location for easy access to much of the San FernandoValley. The Van Nuys Golf Course, Sepulveda Basin RecreationCenter, and the Van Nuys Airport are some of the notabledestinations nearby.In addition to the desirable location, the property offersresidents central AC & heat, gated entry, central courtyard,covered and open gated parking, and an on-site laundry facility.This opportunity is ideal for an investor looking for a Non LA CityRent Controlled asset in a dense rental market.
Location
State CA
County Los Angeles
Area All Other Counties/States
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 2233031045
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with Roderick'rick' Raymundo
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122