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

20

Building size

18,333 sqft

Lot size

23,351 sqft

Year built

1961

Stories

2

Heating

Wall Furnace

Pool

In Ground

Status

Active

Days on market

657

MLS #

247386621

About this property

This 20-unit Apartment building is a well-maintained asset in Van Nuys, CA. New Roof just completed. Centrally located in the San Fernando Valley, this complex has almost immediate access to the 101, 405, 170, and 118 freeways, as well as an abundance of public transportation, including a new line currently in construction: the East San Fernando Valley Light Rail Transit project, that will feature 11 stops from Van Nuys to Pacoima. This property features a favorable unit mix, with 15 of the 20 units being 2 & 3 bedroom units (25% 1 bedrooms, 75% 2 & 3 bedrooms), with private patios/balconies, and a pool. This two-story building also has secure, gated parking with covered spaces, and seismic retrofitting has been completed. This property sits on a corner lot, on the corner of Kester Ave. and Hartland St., just north of Vanowen St. The Van Nuys location is very walkable and bikeable with good transit.

Location

6840 Kester Avenue

Van Nuys, Los Angeles, CA, 91405