14553 Hartland Street, Van Nuys, CA 91405 - MLS#P1-23259

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,400,000

Est. payment | -/mo

7 Beds

5 Baths

Save

$ 3,400,000

Est. payment | -/mo

Save

7 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-23259

Bedrooms 7

Property Sub-Type Res Income 2-4 Units

Property Description

Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,775,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,360. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Located on the corner of Hartland and Vesper

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Others

Tax ID 2219026057

Listed by Casey Picard Keller Williams Realty

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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14553 Hartland Street Van Nuys, CA 91405