Well-located 5-unit multifamily property in the heart of Van Nuys, offering a strong value-add opportunity. The two-story, low-rise building spans approximately 4,000 SF on a 0.16-acre lot and is currently operating at ~80% occupancy. Built in 1951, this Class C asset features spacious units with functional layouts and steady rental demand. Zoned LARD1.5, the property presents potential for future upside through improved management, lease-up, or renovation. Ideal for investors seeking income with room to grow in a centrally located rental market.
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,850,000 to $1,750,000 |
Roger Perry, Rodeo Realty.
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