$3,000,000

An exceptional 20-unit multifamily investment opportunity in the desirable Van Nuys area, featuring 8 one-bedroom/one-bath apartments and 12 single units. With strong local rental demand, the property offers tremendous upside potential for investors seeking long-term growth. Residents benefit from on-site parking, secure gated entry, laundry facilities, and a swimming pool, ensuring convenience and enhancing tenant appeal. Each unit is individually metered for gas and electricity, providing efficient and cost-effective management. The building has been well maintained with recent upgrades, including new exterior paint and plaster in 2024, reducing future maintenance concerns. Ideally located near the I-405 Freeway, Van Nuys Airport, the DMV, shopping, dining, and public transit, the property delivers excellent accessibility to major employment and lifestyle hubs across Los Angeles.

Amenities

• Bedrooms: 1
• Full Bathrooms: 2
• Partial Bathrooms: 0
• Property Type: Residential Multi Family
• Architectural Style: Other
• Year Built: 1976
• Built in 1976
• Home size: 9,976 ft² / 926.79 m²
• MLS: SR25201310
• Status: Active

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