$5,350,000
Accepting Backup Offers

15405 Vanowen Street

Van Nuys, CA 91406
19532 sqft | 20 beds | 0.53 acres | #25493379
Listing OfficeRE/MAX One
Browse 6 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

HUGE PRICE REDUCTION! 15405 Vanowen is being offered at a 10.46 GRM and 5.68% cap rate with low rents - 39% upside in rents. Great price per unit of $178,333 and price per foot of $273.91. Gated parking and secured entrance for tenant security. Close proximity to freeways for convenience of travel to work and school. Large lot of 22,873 square feet zoned LAR3. The building is fully occupied, so please do not disturb the tenants. All showings are subject to an accepted offer.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$5,600,000
      • MLS #25493379
      • MLS #25493379
      • Cost5350000
      • Acres0.5253
      • Square Feet19532
      • Year Built1960
      • Bedrooms20
      • Stories3

Location

SparrowLily Realty, Inc.Real Estate Group
OR

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