Marcus & Millichap is pleased to announce the opportunity to purchase 12937 Van Nuys Boulevard, a six-unit multifamily asset located in Pacoima, one of the fastest-growing and most affordable rental markets in Los Angeles. Featuring two houses and a quadruplex on a large, 13,711 square foot corner lot, the property offers excellent visibility along the high-traffic Van Nuys Boulevard thoroughfare. The property sits mere blocks from the upcoming East San Fernando Valley Light Rail Project, a major infrastructure development that will enhance connectivity and increase property values along this key transit corridor.
Pacoima is undergoing significant revitalization and economic growth, fueled by infrastructure investments, new retail developments, and its proximity to major employment centers. Nearby attractions include Pacoima Plaza, Hansen Dam Recreation Center, and The Plant Shopping Center, all adding to the neighborhood’s appeal. The property allows tenants convenient access to the 5, 118, and 210 Freeways, providing a connection to employment centers and entertainment destinations throughout the vast Los Angeles metro area.
The property itself is well-maintained, featuring a newer roof, mostly copper plumbing, and assigned parking for all tenants. The three separate buildings provide a charming, low-density living experience, which remains highly desirable among tenants seeking a more residential feel. With strong rental demand, a prime location near transit, and an attractive unit mix, 12937 Van Nuys Boulevard represents an excellent opportunity for investors seeking value-add potential and long-term appreciation.