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Key Details
Sold Price $2,865,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,125 sqft
Price per Sqft $282
MLS Listing ID 24360743
Sold Date 08/06/24
Bedrooms 17
HOA Y/N No
Year Built 1959
Lot Size 0.364 Acres
Property Description
We are pleased to present a sixteen-unit multifamily property located in a desirable Lake Balboa/Van Nuys location. Built in 1959 the building is made up of thirteen (1Bed+1Bath), two (2Bed+1Bath) and one Studio. Located on Vanowen Street, just East of White Oak Ave., the property provides residents a central location to much of the San Fernando Valley and Greater LA area. This property is conveniently close to local amenities, schools, and transportation options. Birmingham Community High School, Mulholland Middle School and Sepulveda Basin Recreation Area are some notable destinations nearby. Sherman Oaks Galleria and Sherman Oaks RecreationArea are also a short drive away. Major freeway access to 101 and 405 freewaysis also convenient and close by. The property offers residents spacious floorplans, ample closet space, wall AC & Heating units as well as a courtyard with a pool, on-site laundry facilityand gated carport/open parking. This is a great opportunity to own a well located, corner property that offers significant upside as units turn.
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Carport, Gated
Pool In Ground
Parking Type Carport, Gated
Total Parking Spaces 16
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2229006041
Special Listing Condition Standard
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605