Well-located 5-unit multifamily property in the heart of Van Nuys, offering a strong value-add opportunity. The two-story, low-rise building spans approximately 4,000 SF on a 0.16-acre lot and is currently operating at ~80% occupancy. Built in 1951, this Class C asset features spacious units with functional layouts and steady rental demand. Zoned LARD1.5, the property presents potential for future upside through improved management, lease-up, or renovation. Ideal for investors seeking income with room to grow in a centrally located rental market.
| MLS # | 26660485 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 176 |
| Listing Provided By | Rodeo Realty | Roger Perry |
| SQ Feet | 4,000 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.16 |
| Security Features | Gated Community |
|---|
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91411 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91411) | |
Price: $1,750,000 low | high Med: $2,925,000 sqft: 4,000 low | high Med: 8,325 $ / sqft: $438 low | high Med: $357 On site: 176 low | high Med: 216.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91411 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91411) | |
Price: $1,750,000 low | high Med: $2,925,000 sqft: 4,000 low | high Med: 8,325 $ / sqft: $438 low | high Med: $357 On site: 176 low | high Med: 216.5 | |
![]() | $1,700,00014821 BurbankVan Nuys, CA 91411 |