15507 Vanowen Street

Van Nuys, CA 91406

15507 VANOWEN STREET | VAN NUYS, CA 91406

 

THE OFFERING

PROPERTY SUMMARY

  • 28% POTENTIAL UPSIDE IN RENTS WITH A CURRENT CAP RATE OF 4.45% AND MARKET CAP RATE OF 6.39%

  • RARE OPPORTUNITY TO ACQUIRE A TRUE PRIDE OF OWNERSHIP 23 UNIT FAMILY ASSET – FIRST TIME EVER ON THE MARKET

  • BEST POCKET OF VAN NUYS SURROUNDED BY SINGLE FAMILY HOMES & TREE-LINED STREETS ON A HUGE 20,929 SF R3 LOT

  • COMMANDING CORNER PRESENCE & EXCELLENT VISIBILITY MINUTES TO MAJOR EMPLOYERS, PARKS, SHOPPING, DINING, & ENTERTAINMENT

  • HEART OF THE SFV ADJACENT TO FREEWAYS & PUBLIC TRANSPORTATION OPTIONS PROVIDING EASY ACCESS THROUGHOUT LA

  • PROFESSIONALLY MANAGED & WELL MAINTAINED PROPERTY FEATURING SPACIOUS RENOVATED UNITS

  • PROPERTY IS WELL POSITIONED TO CAPITALIZE ON LOCALIZED RENT GROWTH, PROMISING MARKET TRENDS & TREMENDOUS UPSIDE

  • “MEASURE M” METRO DOLLARS SET TO TARGET VAN NUYS AS VITAL TRANSPORTATION CORRIDOR FOR LA

Parcel

Units

Unit Mix

 

 

 

Building SF

Lot SF

Year Built

Zoning

2234-003-017

23

5 - Single / 1 Ba

16 - 1 Bd / 1 Ba

1 - 1 Bd + Den / 1 Ba

1 - 2 Bd / 1.75 Ba

16,412

20,929

1977

LAR3

VAN NUYS LOCATION

 
 

EXCLUSIVE LISTING BROKERS

LARRY CANNIZZARO

Multi-Family Specialist

BRE Broker No. 00609154

Direct: 310.963.4870

larrycann@kw.com

KRISTY ELAINE

Multi-Family Specialist

BRE Broker No. 01948906

Direct: 310.880.2404

kristyelaine@kw.com