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

4

Building size

3,905 sqft

Lot size

6,251 sqft

Year built

2007

Stories

0

Heating

Central

Cooling

Central Air

Status

Active

Days on market

8

MLS #

244549569

About this property

Rare opportunity to purchase a newer-construction (2007) 4-unit apartment building in a prime Van Nuys location. This turnkey investment offers spacious units with contemporary layouts, high ceilings, central heating and air conditioning, private outdoor space, quality finishes, and on-site parking. Built after the City's 1978 rent control cutoff, the property is generally exempt from the Los Angeles Rent Stabilization Ordinance (buyer to independently verify). Ideally situated near employment centers, shopping, restaurants, and major transportation corridors, this asset presents an outstanding opportunity for stable cash flow with continued rental growth potential. Do not disturb tenants.

Location

14762 Friar Street

Van Nuys, Los Angeles, CA, 91411