16129 Cantlay St - Apartments FOR SALE


Van Nuys, CA 91406
$1,395,000 USD
818-640-4360
16129 Cantlay St, Van Nuys, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/6
null | 5.71% Cap Rate

16129 Cantlay St
Van Nuys, CA 91406


HIGHLIGHTS

  • Six units in good Van Nuys rental pocket west of the 405 freeway
  • Excellent unit mix consisting of (2) 1+1 units, (2) 2+1 units, and (2) 3+2 units
  • Significant upside in rents
  • Seismic retrofit has been completed

OVERVIEW

Equity Union Commercial is proud to represent this 6 unit apartment building in Van Nuys. The property was built in 1966. Its unit mix consists of (2) 1+1 units, (2) 2+1 units, and (2) 3+2 units. With a lot size of 6,000 square feet, the property has a total of 5,460 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

6

PRICE/UNIT

$232,500

CAP RATE

5.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

MR1, Los Angeles

APN/PARCEL ID

2205-027-009

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union Real EstateMore Info
818-640-4360

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Cindy HillEquity Union Real EstateMore Info
818-640-4360

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