15624 Vanowen Street Los Angeles, CA ^$ 2,000,000

15624 Vanowen Street

^$ 2,000,000

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Recently Listed

15624 Vanowen Street

Los Angeles, CA, 91406

^$ 2,000,000

Studio Baths1.0 Sq 6,870

Monthly Estimate*

^$ 12,477

Listed by Keller Williams Realty

15624 Vanowen Street, Los Angeles, CA 91406 - Image 1

15624 Vanowen Street, Los Angeles, CA 91406 - Image 2

15624 Vanowen Street, Los Angeles, CA 91406 - Image 3

15624 Vanowen Street, Los Angeles, CA 91406 - Image 4

15624 Vanowen Street, Los Angeles, CA 91406 - Image 5

15624 Vanowen Street, Los Angeles, CA 91406 - Image 6

15624 Vanowen Street, Los Angeles, CA 91406 - Image 7

15624 Vanowen Street, Los Angeles, CA 91406 - Image 8

15624 Vanowen Street, Los Angeles, CA 91406 - Image 9

15624 Vanowen Street, Los Angeles, CA 91406 - Image 10

15624 Vanowen Street, Los Angeles, CA 91406 - Image 11

15624 Vanowen Street, Los Angeles, CA 91406 - Image 12

15624 Vanowen Street, Los Angeles, CA 91406 - Image 13

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,000,000 with 1 full bath. This 6,870 square foot home was built in 1956 on a lot size of 0.4741.

This property in Van Nuys, California, presents a prime value-add investment opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,308. The four vacant units have been fully remodeled and are rent ready. In addition, a buyer may elect to build up to eight ADU's (Buyer to verify). The property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.

Multi-Family Active

Price

^$ 2,000,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4741

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

P1-25149

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAR3

HOA Fee 0

Garage Spaces 1

Pool Features None

Year Built 1956

View None

Property Subtype Apartment

Gross Income 196500

Community Features Sidewalks

County Los Angeles

Net Operating Income 132559

Operating Expense 60026

Insurance Expense 8000

Property Type Residential Income

MaintenanceExpense 6000

Subdivision Name Not Applicable

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Off of the 405 on Vanowen Street

City Los Angeles

Senior Community Y/N false

Number Of Units Total 8

MLS Area VN - Van Nuys

Lot Size Units Square Feet

Lot Size Square Feet 20650

Listing Terms Cash Cash to New Loan

Spa Features None

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 6984

Water Sewer Expense 8170

Rent Control Y/N true

Standard Status Active

Year Built Source Assessor

Tax Lot 26

Property Sub Type Additional Apartment

Taxes 25573

Cap Rate 6.63

Interior

Fireplace Features None

Common Walls No Common Walls

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features Common Area

Total Baths 0

Exterior

Fencing None

Lot Features Sprinklers None

Water Source Public

Total Parking 11

Lot Size Area 20650

Number of Buildings 3

Spa false

Building Area Total 6870

Lot Size Acres 0.4741

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

* Excluded Features

List By

Keller Williams Realty

Broker

casey.picard@aggregateip.com

Affordability Calculator

$12,477

Per Month

Monthly Principal & Interest: $12,477
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,899,360

Percent of Sale Price 5%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/10/2025	$2,000,000		Listed Price

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15624 Vanowen Street, Los Angeles, CA, 91406 is a Multi-Family Home for sale at $2,000,000 with 6,870 sqft and a lot size of 0.4741. 15624 Vanowen Street is a studio with 1.0 baths and was built in 1956. The property's zip code is 91406 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/16/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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15624 Vanowen Street

Multi-Family Home for sale in Los Angeles, CA

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