$4,800,000

Residential Income In Van Nuys

  • 37 Beds
  • 37 Baths
  • 20,880 Sqft
  • 23,586 Sqft lot
  • Updated: August 8
  • 1
    Views for last 30 days
  • 1
  • Source:
    The MLS (CLAW)  MLS#26859211

About the Property

ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Marketing package attached under DOCS. Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.72%; GIM equal to 8.7; Spacious Floorplans w
ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Marketing package attached under DOCS. Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.72%; GIM equal to 8.7; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces
  • Property type

    Other

  • Floors

    2

  • Year built

    1965

  • Price/sqft

    $229

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6956 Kester Avenue, Los Angeles, California, United States View on Google Maps
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Marcus & Millichap - Encino

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Marcus & Millichap - Encino
California, United States
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Marcus & Millichap - Encino
Encino, California, United States
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Last updated
August 8
First listed
Jul 14
Listing reference
26859211
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