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$ 4,900,000
Est. payment | /mo
15,136 SqFt
$ 4,900,000
Est. payment | /mo
15,136 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,136 sqft
Price per Sqft $323
MLS Listing ID CL26693503
HOA Y/N No
Year Built 1961
Lot Size 0.492 Acres
Acres 0.4922
Property Sub-Type Other
Property Description
A rare opportunity to acquire a 31-unit apartment building located at 14534 Saticoy Street in Van Nuys, California - a dynamic submarket within the San Fernando Valley. The Property is well-maintained and features an attractive mix of bachelor, studio, and one-bedroom units. Twenty-one units have been renovated to include upgraded kitchen countertops, appliances, new flooring, new cabinets, bathrooms and fixtures. Stable occupancy history and strong recent leasing activity demonstrate a path to a rental upside and improving cash flows going forward.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 2218003015
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Listed by Kadie Presley • CB Richard Ellis, Inc.
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