We are pleased to present well maintained 8 units building with at least 35% below market rents. Subject property is located in a very strong rental area of Van Nuys. The units have very low rents and therefore never a vacancy, Some units have balconies. Newer sewer line with 10 years warranty, 3 year old roof at the cost of $26,000 with warranty. Long driveway was resurfaced last year. Laundry room in the building, Please note this is a rent control building with Tucked under parking which requires soft retrofitting. Solid rental area and close to all. It is close proximity to all and provide lots of convenience to tenants. This building offers very low price/unit and low cost per square footage, A great investment property. PLEASE DIVE BY ONLY . Will not last. plenty of upside in rent . Ideal exchange property.
Off market
$1,762,400
14770 Erwin St, Van Nuys, CA 91411
13beds
8baths
6,672sqft
Apartment
Built in 1962
-- sqft lot
$1,762,400 Zestimate®
$264/sqft
$1,985 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
Cooling
- Wall
Appliances
- Included: Garbage disposal
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 6,672 sqft
Property
Parking
- Total spaces: 10
Features
- Levels: Two
Lot
- Size: 7,501 sqft
- Features: Rectangular Lot
Details
- Parcel number: 2241016002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Van Nuys
Other
Other facts
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- PreviousStandardStatus: Active
- CommonWalls: No Common Walls
- ParkingFeatures: Assigned
- CommunityFeatures: Gutters
- LaundryEquipmentOwnLease: Lease
- MLSAreaMajor: VN - Van Nuys
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- PropertySubType: Apartment
- LotSizeSource: Assessor
- WaterSource: Public
- TaxTractNumber: 1200
- Sewer: Public Sewer
- ParcelNumber: 2241016002
- StandardStatus: Pending
- LaundryFeatures: Common Area
- LotFeatures: Rectangular Lot
- SeniorCommunityYN: 0
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Estimated market value
$1,762,400