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For Sale

Type:
21-Unit Apartment Building
Broker:
Richard
Square Feet:
13598


Address:
7027 Sepulveda Boulevard
City:
Van Nuys
State:
CA
Zip:
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.
Price: 3500000

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