Van Nuys (los Angeles), CA 91406,16226 Vanowen Street
$4,336,500
Est. payment /mo
$4,550,000
4.7%
Est.Price: ?

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12,207 SqFt
SOLD DATE : 06/23/2023

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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Bridge MLS
Listed by Brett Sanson • Marcus & Millichap
Bought with Roderick'rick' Raymundo

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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