Ideal 1031 Exchange Investment Opportunity ; The subject property is an attractive and ideal 1031 Exchange investment opportunity. Great Van Nuys Location ; The subject property is located within walking distance to Sepulveda Blvd and the Valley Presbyterian Hospital. Attractive Unit-Mix ; The property consists of (8) 1 bed / 1 bath units and (8) 2 bed / 1 bath units. Strong In-Place Income ; Investors can benefit from a strong yield which allows for attractive financing. Rental Upside ; There is approximately 20% upside in the rental income making the subject property a value-add opportunity.
Off market
$3,390,800
15436 Vanowen St, Van Nuys, CA 91406
24beds
16baths
11,954sqft
MultiFamily
Built in 1964
-- sqft lot
$3,390,800 Zestimate®
$284/sqft
$2,094 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 16
Interior area
- Total interior livable area: 11,954 sqft
Property
Parking
- Total spaces: 16
Lot
- Size: 0.30 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Van Nuys
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- Equipment: Other
- SourceLotSizeArea: Vendor Enhanced
- Cooling: Window Unit(s)
- ParkingGarage: Assigned, Uncovered, Covered Parking
- Heating: Other
- SourceLivingArea: Owner
- Country: US
- ListingArea: East Van Nuys
- SourceLotSizeDimensions: Vendor Enhanced
- ListingStatus: Pending
- UnitTypeType: 2106, 2107
Services availability
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Estimated market value
$3,390,800