Property Detail

Description

Introducing a well-maintained 9-unit multifamily property located in the heart of Van Nuys. Situated on an LARD1.5-zoned lot, there are five 1-bed, 1-bath units and four 2-bed, 2-bath units, all featuring spacious floorplans designed for modern day living. Most units have been remodeled with new wood flooring, new stone countertops, new stainless steel appliances and upgraded bathrooms, while select units also feature mini-split HVAC units, recessed lighting or decorative tile backsplashes. Additionally the plumbing has been upgraded throughout with copper pipes. Tenants enjoy the convenience of 11 on-site parking spaces and community laundry facilities, along with a highly walkable location boasting an impressive Walk Score of 88 – close to shops, restaurants and public transit. This property presents an excellent opportunity for investors seeking a well-located asset with strong rental appeal and value-add potential in the San Fernando Valley.