6841 SEPULVEDA BLVD Van Nuys, CA 91405

Newly Renovated with Tremendous Upside - 6841 Sepulveda is a 49-unit apartment building with one non-conforming unit constructed in the mid 1960's. The unit mix consists of 47 one bedrooms with one bathroom, one unit that is a two bedroom with one bathroom and a non-conforming studio with one bathroom. The property is 3 stories with a lobby, courtyard with a swimming pool and serviced by multiple staircases and an elevator. The elevator currently is not operating but the owner is planning on renovating the elevator. The units are individually metered for gas and electricity. There is a laundry facility at the property and the machines are owned by the property, providing a substantial source of revenue. Some of the units on the 2nd and 3rd floor feature balconies and all units have wall or window air conditioning. There is ample tuck under and open parking at the property and all entrances are secured. The majority of the units as well as the hallways contain tiled flooring.