15624 Vanowen ST Active

Van Nuys,CA 91406

$ 2300000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRP1-22597

Year Built 1956

Lot Size 0.474 Acres

Source California Regional MLS

Property Description

This property in Van Nuys, California, presents a prime covered land 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 upon lease up will be generating a monthly income of $16,708, the property includes two single-family homes alongside the six-unit apartment complex that have been outfitted with all copper plumbing and newer roofs. 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.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Rooms

Kitchen None

Interior

Heating No Heating

Cooling None

Laundry Laundry Area

Exterior

Parking Features Carport

Garage Spaces 11.0

Pool 31,None

View None

Others

Tax ID 2234004026

Special Listing Condition Not Applicable

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