Prime Van Nuys Opportunity – 8BD, 6BA, 4,618 Sq Ft
- $1,615,000
Overview
Property ID: MW45935
- House
- 8
- 6
- 1
- 1
- 1952
Description
Prime Van Nuys Opportunity – 8BD, 6BA, 4,618 Sq Ft
Prime Investment with Strong Returns & Development Potential
With a high in-place CAP rate of 6.22%, this property stands out as one of the most competitively priced opportunities in one of Los Angeles’ most desirable neighborhoods.
Key highlights include:
No costly seismic retrofit required (per the Los Angeles Department of Building & Safety list—Buyer to verify)
City-provided trash service, reducing operating expenses
Additional revenue from storage units, generating approximately $1,000 in monthly income on top of apartment rents
Address
Open on Google Maps- Address: 5707 Tilden Avenue, Sherman Oaks, CA, USA
- City: Los Angeles
- State/county: California
- Zip/Postal Code: 91401
- Area: Sherman Oaks
- Country: United States
Details
- Property ID MW45935
- Price $1,615,000
- Land Area 4618 sq ft
- Bedrooms 8
- Bathrooms 6
- Garage 1
- Year Built 1952
- Property Type House
- Property Status For Sale
- Kitchen 1
Features
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