Los Angeles, CA 91406,15624 Vanowen Street
Los Angeles, CA 91406,15624 Vanowen Street
Los Angeles, CA 91406,15624 Vanowen Street
Los Angeles, CA 91406,15624 Vanowen Street
Los Angeles, CA 91406,15624 Vanowen Street
Los Angeles, CA 91406,15624 Vanowen Street
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Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 2,000,000
Est. payment | /mo

8 Beds

4 Baths

0.47 Acres Lot

Save
$ 2,000,000
Est. payment | /mo
Save

8 Beds

4 Baths

0.47 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-25149

Bedrooms 8

Lot Size 0.474 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

This property in Van Nuys, California, presents a prime value-add investment opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,308. The four vacant units have been fully remodeled and are rent ready. In addition, a buyer may elect to build up to eight ADU's (Buyer to verify). The property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Off of the 405 on Vanowen Street

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 2234004026

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Casey Picard Keller Williams Realty

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Encino Charter Elementary School

    Public | KG - 5

  • 9

    Ararat Charter

    Public | KG - 5

  • 8

    Stagg Street Elementary

    Public | PK - 5

  • 8

    Lanai Road Elementary School

    Public | KG - 5

  • 8

    Valley Charter Elementary School

    Public | KG - 5

  • 8

    Hesby Oaks Leadership Charter

    Public | KG - 8

  • 8

    Kester Elementary / Magnet

    Public | PK - 5

  • 8

    Sherman Oaks Elementary Charter

    Public | KG - 5

  • 8

    Chandler Learning Academy

    Public | KG - 5

  • 7

    Lorne Street Elementary

    Public | KG - 5

  • 7

    Ivy Bound Academy of Math, Science, and Technology

    Public | 5 - 8

  • 7

    Valor Academy Charter

    Public | 5 - 8

  • 6

    Lemay Street Elementary

    Public | KG - 5

  • 6

    Valley Alternative Magnet

    Public | KG - 12

  • 5

    Dearborn Elementary Charter Academy

    Public | KG - 5

  • 5

    Cohasset Elementary School

    Public | KG - 5

  • 5

    Noble Avenue Elementary

    Public | KG - 5

  • 5

    Alta California Elementary School

    Public | KG - 5

  • 5

    Ranchito Avenue Elementary School

    Public | KG - 5

  • 5

    Kittridge Street Elementary

    Public | PK - 5

Middle Schools 10
  • 6

    Magnolia Science Academy 2

    Public | 6 - 12

  • 5

    Mulholland Middle School

    Public | 6 - 8

  • 4

    Valley Charter Middle School

    Public | 6 - 8

  • 4

    Robert Fulton College Prep

    Public | 6 - 12

  • 2

    Vista Middle School

    Public | 6 - 8

  • 1

    Van Nuys Middle School

    Public | 6 - 8

  • 0

    Dubnoff Center for Child Development

    Private | 7 - 12

  • 0

    Valley High School & Learn

    Private | 7 - 12

  • 0

    Los Angeles Hebrew High School

    Private | 7 - 12

  • 0

    Options for Youth-Hermosa Beach, Inc.

    Public | 7 - 12

High Schools 13
  • 10

    High Tech la

    Public | 9 - 12

  • 7

    Daniel Pearl Journalism & Communications Magnet

    Public | 9 - 12

  • 7

    Van Nuys Senior High School

    Public | 9 - 12

  • 6

    CHAMPS - Charter High School of the Arts - Multimedia and Performing

    Public | 9 - 12

  • 5

    Birmingham High School

    Public | 9 - 12

  • 5

    Valor Academy Charter High School

    Public | 9 - 12

  • 3

    James Monroe High School

    Public | 9 - 12

  • 1

    Panorama High School

    Public | 9 - 12

  • 0

    Independence Continuation

    Public | 9 - 12

  • 0

    Will Rogers Continuation

    Public | 9 - 12

  • 0

    Cal Burke High School

    Public | 9 - 12

  • 0

    St Genevieve High School

    Private | 9 - 12

  • 0

    Notre Dame High School

    Private | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

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15624 Vanowen Street