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Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,528 sqft
Price per Sqft $289
MLS Listing ID CRSR24029558
Sold Date 04/26/24
HOA Y/N No
Year Built 1963
Lot Size 7,478 Sqft
Acres 0.17
Property Description
Great Investment Opportunity on this Gated 9 unit Apartment Building with 2- 2 bedroom + 1.5 bath units and 7- 1 bedroom + 1 bath units. This Pride of ownership gated building has subterranean covered parking with 1 parking space per unit. Each unit has a storage cabinet above their parking space. There is a large onsite laundry room. Building is Seismic retrofitted and in great condition with newer roof, newer plumbing, recently updated electrical, some newer windows and partially painted. Great location near Van Nuys City Hall, courthouse and walking distance to Metro Busway Transportation. This Retro Looking building has been in a few movies because of it's look. Extra income was generated for the owner and tenants. Tremendous upside in rents. All tenants paid during Covid.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Appliance Gas Water Heater
Laundry Laundry Room, Other
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Lot Description Level, Other, Back Yard, Front Yard, Garden
Sewer Public Sewer
Water Public, Other
New Construction No
Others
Tax ID 2240022012
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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 RaminVakilzadeh
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122