Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

31

Building size

15,136 sqft

Lot size

21,439 sqft

Year built

1961

Stories

0

Heating

Central

Cooling

Wall/Window Unit(s)

Pool

Fenced,Community

Status

Active

Days on market

86

MLS #

240865724

About this property

A rare opportunity to acquire a 31-unit apartment building located at 14534 Saticoy Street in Van Nuys, California - a dynamic submarket within the San Fernando Valley. The Property is well-maintained and features an attractive mix of bachelor, studio, and one-bedroom units. Twenty-one units have been renovated to include upgraded kitchen countertops, appliances, new flooring, new cabinets, bathrooms and fixtures. Stable occupancy history and strong recent leasing activity demonstrate a path to a rental upside and improving cash flows going forward.

Location

14534 Saticoy Street

Van Nuys, Los Angeles, CA, 91405