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Key Details
Sold Price $2,953,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,952 sqft
Price per Sqft $197
MLS Listing ID SR14148169
Sold Date 11/26/14
HOA Y/N No
Year Built 1991
Tax Year 2013
Lot Size 0.365 Acres
Property Description
Vanowen Apartments is a two-building, well-maintained apartment community consisting of 14 units located in Van Nuys, California. Set on a 15,892 square foot lot, the 14,952 square foot property offers a great unit mix of two-, three- and four-bedroom apartment homes. Two units are non-conforming and not part of the income and unit total, which creates great value-add, and/or they can be used as storage for an additional income stream. Vanowen Apartments is located along Vanowen Street between Cedros Avenue to the east and Kester Avenue to the west. Th e property is just east of Van Nuys Blvd, a major north-south arterial road. Archwood Street is to the south and Hartland Street is to the north.
** Non Rent Controlled
** Great Rental Upside
** Phenomenal Unit Mix
** Copper Plumbing, Newer Roofs
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Fireplace No
Exterior
Garage Spaces 28.0
Garage Description 28.0
Pool None
Community Features Urban
Utilities Available Sewer Connected
Total Parking Spaces 28
Private Pool No
Building
Lot Description 16-20 Units/Acre
Water Public
Others
Senior Community No
Tax ID 2236002023
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Warren Berzack • Lee & Associates
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