14542 Saticoy, Van Nuys, CA 91405
List Price: $2.35M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1976
Lot Size: 13,221 sq ft
Private Pool: Yes
MLS Number: OC26160592
About This Property
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!
Listing provided by: Brian Noh DRE #01438155 213-804-7647 brian@nohco.com, Nohco Real Estate
Source: CRMLS, MLS #: OC26160592
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