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Sold for $1,600,000 on 08/14/25
  • 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

    $1,600,000

    16020 Vanowen St, Van Nuys, CA 91406

    10beds
    10baths
    4,684sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $1,599,600 Zestimate®
    $342/sqft
    $-- Estimated rent

    What's special

    Located in a high-demand rental market, 16020 Vanowen St offers a rare opportunity to acquire a well-positioned 10-unit multifamily property in the heart of Van Nuys. Featuring a desirable unit mix of ten 1-bedroom, 1-bath units, this asset is ideal for investors seeking steady cash flow with tremendous rental upside. Situated on a major thoroughfare, the property benefits from high visibility, strong tenant demand, and excellent accessibility. The property has been upgraded for long-term durability, including a new roof installed in 2023 and copper plumbing, ensuring minimal maintenance costs for future ownership. Additionally, the building is individually metered for gas and electricity, reducing owner expenses. On-site parking and laundry facilities add to tenant convenience, while the property’s ADU potential presents an exciting value-add opportunity to increase rental income. Strategically located, 16020 Vanowen St provides easy access to major freeways, including I-405 and US-101, allowing for seamless connectivity throughout Los Angeles. Tenants will appreciate the proximity to key shopping and transit destinations, including Van Nuys Costco, Panorama Mall, Van Nuys DMV, and Van Nuys Airport. With strong demand for well-located rental housing in the area, this property is well-positioned for continued appreciation and future income growth. With its prime location, essential upgrades, and long-term investment potential, 16020 Vanowen St is an exceptional opportunity for investors looking to expand their multifamily portfolio. 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.

    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 05:31pm

    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

    Michael Pesci, DRE #01274379

    Keller Williams Studio City

    Source: CRMLS,MLS#: SR25094699MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,684
    • Total interior livable area: 4,684 sqft

    Property

    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,499 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 2233020005
    • 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: 1958

    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

    $1,599,600