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14770 Erwin Street, Van Nuys, CA 91411

Property · 2 recorded sales since 2018

14770 Erwin Street, Van Nuys, CA 91411 Sold September 2019 CRMLS
$1,320,000Sold September 2019

Listing Agent: Amir Ladjevardi (DRE #00937385) · Listing Office: White House Properties · Contact: 818-501-7100 · Bought with: Karla Cisneros · Nansco Management Inc. · MLS #SR19204715 · Source: CRMLS

7,503 sqft
Lot Size
1962
Year Built
Property
Type
2
Stories
0
Garage

About this property

We are pleased to present well maintained 8 units building with at least 35% below market rents. Subject property is located in a very strong rental area of Van Nuys. The units have very low rents and therefore never a vacancy, Some units have balconies. Newer sewer line with 10 years warranty, 3 year old roof at the cost of $26,000 with warranty. Long driveway was resurfaced last year. Laundry room in the building, Please note this is a rent control building with Tucked under parking which requires soft retrofitting. Solid rental area and close to all. It is close proximity to all and provide lots of convenience to tenants. This building offers very low price/unit and low cost per square footage, A great investment property. PLEASE DIVE BY ONLY . Will not last. plenty of upside in rent . Ideal exchange property.

Listing description from the September 2019 sale, as reported to CRMLS.

Sale history

$1,320,000
Sold September 2019 · listed $1,345,000, on market August 2019 · MLS #SR19204715 · Source: CRMLS
Listing Agent: Amir Ladjevardi · Listing Office: White House Properties · Contact: 818-501-7100 · Bought with: Karla Cisneros · Nansco Management Inc.
$1,499,000
Sold March 2018 · on market December 2017 · MLS #17297076 · Source: CRMLS
Listing Agent: Steven B. Mesbah · Listing Office: Rodeo Realty - Beverly Hills · Contact: 310-724-7100 · Bought with: Steven B. Mesbah · Rodeo Realty - Beverly Hills
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