$2,875,000

Residential Income In Van Nuys

  • 16 Beds
  • 16 Baths
  • 7,180 Sqft
  • 7,117 Sqft lot
  • Updated: August 28
  • 1
  • Source:
    The MLS (CLAW)  MLS#26900119

About the Property

Four substantial residences. Eight garage parking spaces. Private yards. Modern construction. Strong income. A truly differentiated Valley Glen investment built for long-term ownership. A rare opportunity to acquire a turnkey, newer-construction four-unit property offering the space, privacy, and functionality of individual homes with the income and efficiency of a multifamily investment. Ideally
Four substantial residences. Eight garage parking spaces. Private yards. Modern construction. Strong income. A truly differentiated Valley Glen investment built for long-term ownership. A rare opportunity to acquire a turnkey, newer-construction four-unit property offering the space, privacy, and functionality of individual homes with the income and efficiency of a multifamily investment. Ideally positioned on a prominent corner lot in Valley Glen and backing to a quiet residential neighborhood, the property features four expansive townhome-style residences, each offering 4 bedrooms, 4 bathrooms, a private yard, attached two-car garage, two balconies, and in-unit laundry. Designed with today’s renter in mind, each residence features an open-concept living and dining area, modern kitchen with thoughtfully selected finishes, generously sized bedrooms, abundant closet and storage space, and a highly functional floor plan that lives more like a single-family home than a traditional apartment. The combination of large four-bedroom layouts, private outdoor space, direct-access garages, and modern construction creates an exceptionally compelling rental product in a market where comparable offerings are difficult to replicate. Currently generating strong, stable income at an attractive 6.1% cap rate, the property offers investors immediate cash flow with the long-term appeal of a high-quality asset in one of the Valley’s most desirable residential rental pockets. One residence may also be delivered vacant at the buyer’s request, creating a unique opportunity for an owner-user, multigenerational buyer, or investor seeking additional leasing flexibility.
  • Property type

    Other

  • Floors

    3

  • Year built

    2020

  • Price/sqft

    $400

Features

Features

Lot

Indoor

  • Kitchen island
  • Washer Dryer
  • Bar
  • Open Kitchen
  • Stone Countertops

Outdoor

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13822 Oxnard Street, Los Angeles, California, United States View on Google Maps
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Compass - Santa Monica

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Compass - Santa Monica
California, United States
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Compass - Santa Monica
Santa Monica, California, United States
View agency profile
Last updated
August 28
First listed
Aug 28
Listing reference
26900119
Listing status
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