14638 Vanowen St - Apartments FOR SALE


Valley Glen, CA 91405
$2,395,000 USD
818-388-5699
14638 Vanowen St, Valley Glen, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/11
null | 5.01% Cap Rate

14638 Vanowen St
Valley Glen, CA 91405


OVERVIEW

Metro Realty Center, Inc, is pleased to present the exclusive opportunity to acquire to Tobias Bungalows, a multi-family building comprised of 9 Bungalow units all 1 BD/1 BA units ideally located in the heart of Van Nuys, CA. With excellent proximity to shopping, entertainment districts and restaurants. All units have own 1 car garage. A corner lot with 3 separate parcels, great upside potential for long term Investment or a fantastic development opportunity for affordable unit utilizing ED1. Buyer to check with the city for details and feasibility. Total size of rental units 6045 sq. ft. and 17,351 sq. ft. corner lot, zoned LARD 1.5. Potential Development can utilize the TOC allowances or the use of ED1 to construct all new affordable units. Great potential. CALL CHUCK FOR OTHER AVAILABLE PROPERTIES

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

9

PRICE/UNIT

$266,111

CAP RATE

5.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

RD 1.5

APN/PARCEL ID

2236-007-028,2236-007-029,2236-007-030

ASK ABOUT THIS PROPERTY

Chuck AzzuzMetro Realty Cntr,Inc.More Info
818-388-5699

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Chuck AzzuzMetro Realty Cntr,Inc.More Info
818-388-5699

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.