6438 Mammoth Avenue, Van Nuys, CA 91401
- $1,600,000
- 1
- BD
- 10
- BA
- 4,504
- SqFt
List Agent Enrique Viramontes () 213-233-4363 Remax Commercial and Investment Realty; CoList () Courtesy of Selling Office: Jacob Iloulian, Jacob Iloulian - Selling Agent DRE# and Courtesy of Listing Office Remax Commercial and Investment Realty, Enrique Viramontes - Agent DRE#
- Sold Price
- $1,600,000
- List Price
- $1,600,000
- Closing Date
- Sep 16, 2024
- Status
- CLOSED
- MLS#
- 24410375
- Year Built
- 1963
- Bedrooms
- 1
- Bathrooms
- 10
- Living Sq. Ft
- 4,504
- Lot Size
- 8,259
- Days on Market
- 14
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.