6833 Sepulveda Blvd, Van Nuys, CA 91405

6833 Sepulveda Boulevard is a 56-unit, three-story, three building property built in 1967 with an inviting courtyard setting. Constructed of wood frame with stucco exterior and flat roofs with composition shingles on the side, the three buildings total 32,082 square feet and sit on a 27,878 square foot lot, which is zoned for LAR3. The property offers a great unit mix of 54 one-bedroom / one-bathroom units, one studio / one-bathroom unit and one two-bedroom / one-bathroom unit. The property is individually metered for gas, electricity, and master metered for water.Buyer to assume current loan which is approximately $5,667,565 at 4.10% fixed for 7 year with Chase Bank. Buyer may elect to purchase cash to new loan but would be responsible for prepayment penalty of 5%.