Property
Listing Agent: Chase Simonton (DRE #01766871) · Listing Office: RE/MAX One · Contact: 818-366-3300 · Bought with: Chase Simonton · RE/MAX One · MLS #23302921 · Source: CRMLS
Super clean building with low rents. SELLER FINANCING AVAILABLE. 55% Seller Financing at 5.00% Interest Only for 5 years. We are proud to present 14217 Vanowen St, a 6-unit value-add multi-family asset located in the Van Nuys submarket of the San Fernando Valley. This income producing property features an attractive unit mix of (4) 2 bed/1 bath and (2) 1bed/1 bath units. Built in 1956, this 4,790 square foot property sits on 9,022 square foot lot with easy access to the 405 freeway. Tenants enjoy on-site amenities such as carport parking and laundry. The Subject Property is perfect for a first time investor or an experienced owner wanting to add to their existing portfolio. The new owner will be able to aggressively capture the remaining 60% upside in rents, as 14217 Vanowen St remains an attractive property to a wide variety of qualified tenants in the ever developing submarket of Van Nuys, California.
Listing description from the October 2023 sale, as reported to CRMLS.