14542 Saticoy, Van Nuys, CA 91405

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List Price
$2,350,000
Status
PENDING
Days on Market
14
MLS#
OC26160592
Subtype
Residential Income
Year Built
1976
Lot Size
13,221
Acres
0.30
MLS Area Major
Van Nuys (VN)

Property Description

This is an incredible opportunity to acquire a well located 16 unit apartment in the highly desirably Van Nuys neighborhood. Built in 1976, this two-story building totals 8,022sf in size, and is comprised of (14) studio units and (2) 1 bedroom units, with Two units being delivered vacant, remodeled, and in rent ready condition. On a 13,200sf lot zoned R3, with 100’ frontage offering tons of open space, 16 total parking spaces, and huge opportunity to add value or potential major development. Other notable features include a coin operated laundry room, rooftop access, secured access w/ intercom, and the entire property was recently painted. Great rental market and convenient location between Van Nuys & Burbank Airports, near Multiple Freeway Access, & Major Developments. ACTUAL 6% CAP / 9.4 GRM!

Additional Information

Interior Features
Granite Counters, Open Floorplan, Quartz Counters
Flooring
Carpet, Tile, Vinyl
Appliances
Gas Range, Range Hood, Water Heater
Heating
Wall Furnace
Air Conditioning
Yes
Exterior Construction
Stucco
Stories
Two Levels
Levels
Two
Roof
Flat
Pool Type
None
Parking Features
Assigned, Asphalt, Concrete, Gated
View
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brian Noh (brian@nohco.com) from Listing Office: Nohco Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.