This is an incredible opportunity to acquire a well
located 16 unit apartment in the highly desirably Van
Nuys neighborhood. Built in 1976, this two-story
building totals 8,022sf in size, and is comprised of (14)
studio units and (2) 1 bedroom units, with Two units being
delivered vacant, remodeled, and in rent ready
condition.
On a 13,200sf lot zoned R3, with 100’ frontage
offering tons of open space, 16 total parking spaces,
and huge opportunity to add value or potential major
development. Other notable features include a coin operated
laundry room, rooftop access, secured access
w/ intercom, and the entire property was recently
painted.
Great rental market and convenient location between
Van Nuys & Burbank Airports, near Multiple Freeway
Access, & Major Developments. ACTUAL 6% CAP / 9.4 GRM!
Additional Features
- Stucco
- Block
- Wall Furnace
- 16-20 Units/Acre
- Landscaped
- Front Yard
- Lot 10000-19999 Sqft
- Lawn
- Two
- None
- Parking spaces: 16.00
- Listing Status: Pending
- Listing Agent: Brian Noh
(lic# 01438155)
of Orange County
- Listing Office: Nohco Real Estate
(lic# 01906449)
-
Based on information from CRISNet MLS as of 25th September 2026 at 1:26pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
