$930,000
$899,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
8,766 Sqft Lot
SOLD DATE : 05/06/2025
Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24116334
Sold Date 05/06/25
Bedrooms 5
HOA Y/N No
Lot Size 8,766 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a occupied 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters. A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces. There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.
Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a occupied 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters. A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces. There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.
Location
State CA
County Los Angeles
Area Van Nuys (91405)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $41
Acceptable Financing Cash, Conventional
Space Rent $2,000
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Bradley Gilboe • Exp Realty of California Inc.
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