The Enclave consists of six (6), two-bedroom, two bath luxury apartments averaging only $467,000 per door. Four units are 1,200 SF and each has a balcony. The two larger units are 1,550 SF and each has two balconies. Each has its own in-unit laundry hookups, central air conditioning and heating. Each unit is separately metered for all utilities (individual water meters are located in utility rooms and may be read on-site and remotely via the internet. Each unit has its own laundry inside the unit.

Built in 2012, this well-designed, well-constructed property appeals to the savvy investor as well as the tenants. There is seldom a vacancy, but when there was, they was filled quickly and provided a waiting list of hopefuls wanting to live here.

All units are appointed with designer flooring, cabinets, and granite counters. Appliances include dishwashers, washers, and dryers. Refrigerators are included in some units.

This elevator-served, 3-story structure has securely gated entry, parking, plus electrical and mechanical rooms. Parking consists of 12 covered spaces (two tandem parking spaces for each unit). Apartments are on the second and third floors.

The Van Nuys submarket is one of the highest density neighborhoods on Los Angeles. This location offers the ideal demographic profile for a multi-unit investor. It is positioned in the top 1% of the most desirable submarket inventories with a 3.2% area vacancy factor.

See the Offering Memorandum in the MLS Supplements.