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Key Details
Sold Price $845,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG19254621
Sold Date 12/27/19
HOA Y/N No
Year Built 1949
Lot Size 6,098 Sqft
Property Description
Perfect opportunity in Van Nuys to purchase two houses on one lot each w/ their own address, separate gas & electric meter and shared water meter.7013 - Has been remodeled and 7011 is a 2019 New Build accessory dwelling unit (ADU).Rents for both houses will bring in approx $5700 a month,estimated 6.5% cap rate.This is also a great opportunity for that buyer looking for a cash flow property as well as a property to live in.7013-Is a single story approx 800 sq ft 2/1 w/new interior/exterior pant, new flooring and new fixtures throughout. Kitchen is open and has new quartz counters and designer back-splash, new white cabinets,new stainless steel appliances & new fixture and opens to the dining area. 7011 - Brand new construction 2 story 1200 sq ft w/ 3 bedrooms,2.5 bathrooms, open floor plan w/ family room that opens to the kitchen and dining area.Kitchen has grey self closing shaker cabinets,quartz counters & stainless steel appliances.Laminate floors throughout.Bathrooms have white vanities w/quartz count tops, tiled floors, and tiled shower/tub. Indoor laundry hook ups and central heat/AC.Close to shops and restaurants.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR1
Rooms
Other Rooms Two On A Lot
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Central, See Remarks
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplace No
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description Street Level
Story One, Two
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
Additional Building Two On A Lot
New Construction No
Others
Senior Community No
Tax ID 2219004007
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, 1031 Exchange, FHA, VA Loan
Financing Trade
Special Listing Condition Standard
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Bought with Maricris Sifuentes • Pinnacle Estate Properties, Inc.