$5,950,000
$5,950,000
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0.43 Acres Lot
SOLD DATE : 03/21/2023
Key Details
Sold Price $5,950,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23030485
Sold Date 03/21/23
HOA Y/N No
Year Built 1986
Lot Size 0.433 Acres
Property Description
A RARE OPPORTUNITY TO OWN A LATE 80S BUILDING, PRIDE OF OWNERSHIP 24 UNITS: 1 - STUDIO, 5 - 1 BEDROOM 1 BATH, 18 - 2 BEDROOMS 2 BATHS, LOCATED IN VAN NUYS, LOW RISE STYLE TWO-STORY APARTMENT WITH GATED ACCESS TO BOTH UNIT AND PARKING. MOST UNITS WITH BALCONY/PATIO, CLOSE TO ALL SHOPPING, TRANSPORTATION AND 405/101 FREEWAYS. ALL UNITS HAVE NEWER REMODELED KITCHEN WITH GRANITE COUNTERTOPS, FIRST FLOOR UNITS INSTALLED WITH LAMINATED FLOORINGS. THE PROPERTY IS EQUIPPED WITH TANKLESS WATER HEATERS, CENTRAL A/C AND HEATING, COIN-OPERATED LAUNDRY FACILITY, THERE ARE RENTABLE STORAGE SPACES AVAILABLE TO TENANTS. A MULTIFAMILY TRUE GEM IN SAN FERNANDO VALLEY WITH ADDITIONAL UPSIDE FOR THE NEW INVESTOR.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Heating Forced Air
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Spaces 42.0
Garage Description 42.0
Pool Community, In Ground
Community Features Sidewalks, Pool
Total Parking Spaces 42
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2233001040
Energy Description 6583.0
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
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880 Roosevelt Suite 250, Irvine, California, 92620, United States