14112 Delano Street Pending

Van Nuys (los Angeles),CA 91401

$ 1650000

- Bed

0 Bath

4270 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,270 sqft

Price per Sqft $386

MLS Listing ID CRSR24242345

HOA Y/N No

Year Built 1991

Lot Size 7,453 Sqft

Acres 0.17

Property Description

GREAT OPPORTUNITY on this Pride of ownership 5 unit Condo Style Gated Apartment Building built in 1991. Located in the heart of Van Nuys near City Hall and walking distance to public transportation. 4 of the units are 2 bedrooms plus 1.5 baths. 1 unit is 3 bedrooms and 1.5 baths. Each tenant has 2 parking spaces with a remote controlled security gate. Minimum amount of tenants living in the building. There is a common laundry room. Machines are leased. This updated and well maintained building has a newer roof, newer hot water heater, newer sewer line and all newer building plumbing. Exterior was recently painted. Each unit has Central A/C & Heat. All unit's ductwork was recently cleaned. Some of the units have updated laminate flooring with granite countertops. Bedrooms are located upstairs with a full bath and downstairs is the living room with a dining area, kitchen and 1/2 bath. Lots of upside on this opportunity providing for a solid long term investment with immediate added value. Its prime location near public amenities, transportation and shopping adds to its desirability for tenants, ensuring consistent occupancy rates. With additional room for rental increases, this property presents a unique opportunity for investors seeking stable returns and long term appreciation.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Forced Air,Other

Cooling Central Air

Flooring Laminate,Tile,Carpet

Fireplace No

Appliance Gas Water Heater

Laundry Community Facility,Laundry Room,Other

Exterior

Utilities Available Other Water/Sewer

View Y/N false

View None

Handicap Access Other

Building

Lot Description Level,Other,Front Yard,Garden

Sewer Public Sewer

Water Public,Other

New Construction No

Others

Tax ID 2240022036

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