7234 Allott Avenue, Van Nuys, CA 91405
- $1,450,000
List Agent Ali Eghbal Ketabchi () Equity Union; CoList () Courtesy of Selling Office: Silver Spoon Properties, Carlo Honanian - Selling Agent DRE# and Courtesy of Listing Office Equity Union, Ali Eghbal Ketabchi - Agent DRE#
- Sold Price
- $1,450,000
- List Price
- $1,498,000
- Closing Date
- Sep 01, 2023
- Status
- CLOSED
- MLS#
- SR23125657
- Year Built
- 1955
- Lot Size
- 11,003
- Lot Location
- 0-1 Unit/Acre, Level, Paved, Rectangular Lot, Sprinkler System
- Days on Market
- 27
- Property Type
- Multifamily
- Style
- Bungalow, Traditional
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
A rare opportunity in the heart of Van Nuys awaits! This quadruplex property offers 2,500 rentable square feet on a generous 11,000 square foot lot. With potential to add an ADU plus plans already in place, this is an incredible investment with outstanding growth potential. Three of the units have been fully remodeled and now feature modern convenience with washer and dryer included - making it easier than ever to attract quality tenants. The cap rate sits at 5.1 and GRM at 14.7 - don't miss out on this fantastic opportunity in a booming rental market!
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Additional Information
- Other Buildings
- Storage
- Appliances
- Freezer, Disposal, Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Ductless, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Ductless, Wall/Window Unit(s)
- View
- City Lights
- Exterior Construction
- Asphalt, Brick, Drywall, Concrete, Plaster, Stucco
- Roof
- Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public, See Remarks
Mortgage Calculator
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.