12
See all 12 photos
$2,300,000
Est. payment /mo
8 Beds
4 Baths
Active
15624 Vanowen Street Van Nuys, CA 91406
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-22597
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
This property in Van Nuys, California, presents a prime covered land opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that upon lease up will be generating a monthly income of $16,708, the property includes two single-family homes alongside the six-unit apartment complex that have been outfitted with all copper plumbing and newer roofs. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Located on Vanowen Street near the 405
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 2234004026
Listed by Casey Picard Keller Williams Realty