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0.17 Acres in Van Nuys, CA - $1,229,000
This well-maintained four-unit multi-family building is situated in the heart of the San Fernando Valley. Built in 1948, this residential income property spans approximately 2,756 sq. ft. on a 7,527 sq. ft. lot. It comprises three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering significant rental upside potential. Recent Upgrades to the building include newer paint, roof, windows, and driveway. Each unit is individually metered for gas and electricity and features its own water heater. There is on-site garage parking available for each unit, totaling eight spaces.
Located in East Van Nuys, the property benefits from its proximity to essential amenities and transportation options. It is within walking distance to grocery stores, restaurants, and public transit lines, enhancing its appeal to its tenants. Sherman Way, a major east-west thoroughfare, runs through Van Nuys a...
Located in East Van Nuys, the property benefits from its proximity to essential amenities and transportation options. It is within walking distance to grocery stores, restaurants, and public transit lines, enhancing its appeal to its tenants. Sherman Way, a major east-west thoroughfare, runs through Van Nuys and offers convenient access to various parts of the city. Ralphs Supermarket and Norms Restaurant are just half a block away, offering convenient shopping and dining options. This property presents a compelling opportunity for investors seeking a well-located, income-generating asset with potential for rental growth in a vibrant and accessible neighborhood.
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