$1,750,000
About this home
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.
Facts & features
- Bathrooms
- 0
- Lot size
- 0.164 acres (7,159 sq ft)
- Year built
- 1951
- Parking spaces
- 5
- Area
- SO - Sherman Oaks
- County
- Los Angeles
- Community features
- Gated
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 82
- Listed
- 2026-03-05
- Original price
- $1,850,000
- Parcel #
- 2244014023
- MLS #
- 26660485