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Key Details
Sold Price $1,135,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR19133886
Sold Date 12/20/19
HOA Y/N No
Year Built 1974
Lot Size 6,368 Sqft
Property Description
This investment opportunity is located off Kester Avenue and Gilmore Street, just blocks from Van Nuys High School. The property consists of four (4) large studio units, approximately 550 sq. ft., and three (3) large one-bedroom units, each roughly 800 sq. ft. Within the last two years, the property has seen extensive renovations to three of the seven units, including new flooring, paint, bathroom vanities, and kitchen counter tops. This value-add opportunity allows a new investor the ability to turn the remaining four units and capture the strong upside this rental market has to offer.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LARD1.5
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 3
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2235021050
Energy Description 2040.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Reza Ghobadi • Reza Ghobadi
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