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Key Details
Sold Price $1,085,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,902 sqft
Price per Sqft $373
MLS Listing ID 24386555
Sold Date 06/28/24
Bedrooms 6
HOA Y/N No
Year Built 1955
Lot Size 6,599 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Detached Carport
Carport Spaces 4
Attached Garage No
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2329011011
Special Listing Condition Standard
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Bought with Harry Sourenian • Forbes Real Estate
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960