13524 Vanowen Street
Van Nuys, CA, 91405 $ 1,095,000
Bedrooms6 Baths4.0 Sq 2,902 Monthly Estimate*
$ 7,649
Listed by Marcus & Millichap
for $1,095,000 with 6 bedrooms and 4 full baths. This 2,902 square foot home was built in 1955 on a lot size of 0.1515.
We are pleased to present the exclusive listing of 13524 Vanowen Street, a four-unit multifamily building located in Van Nuys. Built in 1955 comprised of (2) one-bedroom, one-bathroom units, and (2) two-bedroom, one-bathroom unit, with a total of 2,902 rentable square feet. The property has had many recent capital improvements, including window replacements in unit #4, repairs to doors, sinks, refrigerators, and laundry facilities in 2022, and a garage roof replacement in the same year. Additionally, floor replacements in unit #2 and kitchen countertops in units #1 and #3 have been completed. With a versatile unit mix, the property offers potential for attracting tenants from different demographics, potentially increasing rental income. The property includes carport parking for each unit. Van Nuys, a neighborhood located in the San Fernando Valley region of Los Angeles, California, near the intersection of Vanowen Street and Woodman Avenue, offers a mix of residential, commercial, and recreational amenities. This area boasts easy access to major transportation routes such as the 405 and 101 freeways, facilitating convenient commuting throughout the Los Angeles metropolitan area. The neighborhood is known for its diverse population and vibrant cultural scene, with various dining, shopping, and entertainment options nearby. Additionally, Van Nuys is home to several parks and green spaces, providing opportunities for outdoor recreation and relaxation. The proximity to schools, healthcare facilities, and other essential services makes it an appealing location for residents seeking convenience and accessibility. Overall, Van Nuys offers a dynamic urban environment with a range of amenities and opportunities for residents. In summary, 13524 Vanowen Street represents an excellent investment opportunity within the thriving community of Van Nuys. With recent capital improvements, a versatile unit mix, and its prime location near major transportation routes and amenities, this property promises strong rental potential and long-term value appreciation. Buyer to verify information independently and with listing broker.
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FeaturesGeneralHeating None
Zoning LARD1.5
Year Built 1955
Levels MultiSplit
Gross Income 64627.0
County Los Angeles
Net Operating Income 33126.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions East of Woodman and west of Fulton
City Van Nuys
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area VG - Valley Glen
Lot Size Square Feet 6600.0
Private Pool N
Waterfront Y/N N
Carport Spaces 4.0
Carport Y/N Y
Street Name Vanowen
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Standard Status Active
Cap Rate 3.03
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ExteriorParking Features DetachedCarport
Total Parking 0.0
Lot Size Area 6600.0
Number of Buildings 1
Spa N
Building Area Total 2902.0
Lot Size Acres 0.1515
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 4
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $7,649
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Van Nuys, CA
Average List Price $2,745,408
Percent of Sale Price 151%
About Van Nuys, CA 172,355 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/1/2024 | $1,095,000 | | Listed Price |