Van Nuys, CA 91405,6841 SEPULVEDA BLVD
Van Nuys, CA 91405,6841 SEPULVEDA BLVD
Van Nuys, CA 91405,6841 SEPULVEDA BLVD
Van Nuys, CA 91405,6841 SEPULVEDA BLVD
Van Nuys, CA 91405,6841 SEPULVEDA BLVD
Van Nuys, CA 91405,6841 SEPULVEDA BLVD
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$7,149,000

$7,500,000

4.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/12/2016

Key Details

Sold Price $7,149,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 15960479

Sold Date 05/12/16

HOA Y/N No

Year Built 1965

Property Description

Newly Renovated with Tremendous Upside - 6841 Sepulveda is a 49-unit apartment building with one non-conforming unit constructed in the mid 1960's. The unit mix consists of 47 one bedrooms with one bathroom, one unit that is a two bedroom with one bathroom and a non-conforming studio with one bathroom. The property is 3 stories with a lobby, courtyard with a swimming pool and serviced by multiple staircases and an elevator. The elevator currently is not operating but the owner is planning on renovating the elevator. The units are individually metered for gas and electricity. There is a laundry facility at the property and the machines are owned by the property, providing a substantial source of revenue. Some of the units on the 2nd and 3rd floor feature balconies and all units have wall or window air conditioning. There is ample tuck under and open parking at the property and all entrances are secured. The majority of the units as well as the hallways contain tiled flooring.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Exterior

Total Parking Spaces 48

Building

Story 3

Others

Senior Community No

Tax ID 2234024009

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Harrington • Matthews Real Estate Investment Services
Bought with Manvel Solakian • Dilbeck Real Estate
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