15840 Vanowen Street
Van Nuys, CA 91406
0.20 acres | #SR25076834
Description
Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation.
The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Strategically located, the property provides easy access to major freeways, including I-405 and US-101, ensuring seamless connectivity to key business hubs and surrounding neighborhoods. Residents will enjoy proximity to essential shopping and transit options, including Van Nuys Costco, Van Nuys Airport, and nearby retail centers. The area's strong rental demand further enhances the property’s investment potential.
With its prime location, modern upgrades, and future income growth opportunities, 15840 Vanowen St is a must-see investment for those looking to expand their multifamily portfolio.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #SR25076834
- MLS #SR25076834
- Property SubtypeApartment
- Original List Price$970,000
- Acres0.1952
- Utility SourcePublic
- Cost970000
- Year Built1952
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: James Antonucci (#SR175529332)
Listing Office: Keller Williams Realty-Studio City (#F3510001)
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