Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation.
The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Strategically located, the property provides easy access to major freeways, including I-405 and US-101, ensuring seamless connectivity to key business hubs and surrounding neighborhoods. Residents will enjoy proximity to essential shopping and transit options, including Van Nuys Costco, Van Nuys Airport, and nearby retail centers. The area's strong rental demand further enhances the property’s investment potential.
With its prime location, modern upgrades, and future income growth opportunities, 15840 Vanowen St is a must-see investment for those looking to expand their multifamily portfolio.
Sold for $955,000 on 05/29/25
Listing Provided by:
James Antonucci DRE #01822661 818-381-6601,
Keller Williams Realty-Studio City,
Michael Pesci DRE #01274379 818-432-1627,
Keller Williams Studio City
$955,000
15840 Vanowen St, Van Nuys, CA 91406
7beds
4baths
3,349sqft
Multi Family
Built in 1952
-- sqft lot
$949,300 Zestimate®
$285/sqft
$4,031 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 29, 2025 at 01:39pm
Listing Provided by:
James Antonucci DRE #01822661 818-381-6601,
Keller Williams Realty-Studio City,
Michael Pesci DRE #01274379 818-432-1627,
Keller Williams Studio City
Bought with:
James Antonucci, DRE #01822661
Keller Williams Realty-Studio City
Source: CRMLS,MLS#: SR25076834
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,349
- Total interior livable area: 3,349 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport
- Carport spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 8,503 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 2233010007
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Van Nuys
Other
Other facts
- Listing terms: Cash to New Loan
Services availability
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Estimated market value
$949,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$949,300