14306 Vanowen Street, Van Nuys, CA 91405

$2,200,000

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List Agent Casey Picard () (626) 376-9224 Keller Williams Realty; CoList () Courtesy of Selling Office: Keller Williams Realty-Studio City, Akash Saini - Selling Agent DRE# and Courtesy of Listing Office Keller Williams Realty, Casey Picard - Agent DRE#

Sold Price
$2,200,000
List Price
$2,200,000
Closing Date
May 02, 2025
Status
CLOSED
MLS#
P1-21290
Year Built
1955
Lot Size
12,844
Lot Location
Sprinklers None
Days on Market
46
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Located on Vanowen Street in Van Nuys, CA this two parcel [(14306 Vanowen : APN# 2237-004-038) and 14310 Vanowen : APN# 2237-004-039)] investment opportunity is a twelve unit apartment complex offering (4) - 2 bed / 1 bath and (8) - 1 bed / 1 bath units. Situated behind upgraded security gates, this property offers a clean investment opportunity that has +/-68% upside in rental potential. The properties have been upgraded with new double paned windows as well as copper plumbing (buyer to verify). Furthermore, the property does not require seismic retrofit due to the covered parking at the rear portion of the property. A savvy investor may investigate the opportunity to construct ADU's at the rear portion of the property for additional value-added investment stewardship.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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.