$1,110,000
$1,299,000
14.5%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 10/16/2019
Key Details
Sold Price $1,110,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19141407
Sold Date 10/16/19
HOA Y/N No
Year Built 1962
Lot Size 6,969 Sqft
Property Description
Low priced 6-unit income property in walkable area in the heart of Van Nuys. Large 5,791 sq ft building. 5x townhomes style 2x bedroom/1.5x bath units and 1x single story 2x bedroom/1.5x bath unit (on 2nd level above community laundry room) Large units ~1000 sq ft per apartment. This property is ripe for the saavy city of LA value add investor. Longtime owner is ready to retire from property management, sound Investment opportunity you do not want to miss. Property is subject to Los Angeles RSO (Rent Control) and Soft story retrofit ordinances.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 6
Pool None
Community Features Street Lights, Sidewalks, Urban
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2241006003
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Jeanette Monfared • Marcus & Millichap