Multifamily Property for Sale in Van Nuys, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Van Nuys, CA 91411

Description

The subject property is a 13 unit apartment building located at 6649 Sepulveda Boulevard, Van Nuys, CA 91411. The property was built in 1954 and is located North of Victory Boulevard and South of Vanowen Street. The unit mix consists of one studio/one-bathroom unit, eleven two-bedroom/one-bathroom units, and one three-bedroom/one-bathroom unit. The building has an interior courtyard and there is a laundry room. The Seller shall provide the Buyer with approved plans for 3 accessory dwelling units (ADUs), one one-bedroom/one-bathroom and two two-bedroom/one-bathroom. Investment Highlights: • Good Mix • Interior Courtyard • Laundry Room • Approved Plans for 3 Accessory Dwelling Units (ADUs)

Market Context

This multifamily in Van Nuys, CA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 53 days. Compare it against other multifamily listings for sale in Van Nuys, CA — <a href="/search/sale/multifamily/california/van-nuys">view the full market</a>.

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