Property Detail
Description
This is an incredible opportunity to acquire a well located 16 unit apartment in the highly desirably Van Nuys neighborhood. Built in 1976, this two-story building totals 8,022sf in size, and is comprised of (14) studio units and (2) 1 bedroom units, with Two units being delivered vacant, remodeled, and in rent ready condition. On a 13,200sf lot zoned R3, with 100 frontage offering tons of open space, 16 total parking spaces, and huge opportunity to add value or potential major development. Other notable features include a coin operated laundry room, rooftop access, secured access w/ intercom, and the entire property was recently painted. Great rental market and convenient location between Van Nuys & Burbank Airports, near Multiple Freeway Access, & Major Developments. ACTUAL 6% CAP / 9.4 GRM!
Map Location
Listing provided courtesy of Brian Noh of Nohco Real Estate. Last updated . Listing information © 2025 SANDICOR.
Address
4603 Mission Blvd Suite 206
San Diego, CA 92109
Phone
(858) 812-9110
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