Type of Property: For Sale
Broker: Paley Commercial Real Estate Services
City: Van Nuys
Zipcode: 91405
Description:
TENANCY: Three (3), 2 bedroom, 2 bath units (2 have ½ baths)
Seventeen (17) 1 bedroom, 1 bath units
One (1) single unit
(See Attached Rent Roll)
BUILDING & LOT SIZE: 13,598* +/- sq. ft. of building on 18,012* +/- sq. ft. of land
A.P.N. #: 2222-033-003
PRICE: $3,500,000.00 ($166k per unit)
ZONING/YEAR BUILT: LA-R3* – 1961*
PARKING: Eighteen (18) spaces in secured parking lot
LAUNDRY: Existing laundry facilities on site (2 washers, 2 dryers)
FACILITIES & AMENITIES: This property offers gated security and a pool. All units have A/C units with eighteen (18) of the 20 units being less than one (1) year old. Two (2) units have balconies facing Sepulveda Boulevard.
COMMENTS: This sale offers an excellent opportunity for the astute Investor to purchase in prime Van Nuys. Major upside potential for this property. Property has been impeccably maintained & seven (7) units have been fully remodeled & updated.
