15840 Vanowen Street, Van Nuys, CA 91406

Property Description

Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation. The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Strategically located, the property provides easy access to major freeways, including I-405 and US-101, ensuring seamless connectivity to key business hubs and surrounding neighborhoods. Residents will enjoy proximity to essential shopping and transit options, including Van Nuys Costco, Van Nuys Airport, and nearby retail centers. The area's strong rental demand further enhances the property’s investment potential. With its prime location, modern upgrades, and future income growth opportunities, 15840 Vanowen St is a must-see investment for those looking to expand their multifamily portfolio.