6438 Mammoth Avenue, Van Nuys, CA 91401
Property · 2 recorded sales since 2019
Sold September 2024
Listing Agent: Enrique Viramontes (DRE #01372010) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Jacob Iloulian · Jacob Iloulian · MLS #24410375 · Source: CRMLS
About this property
We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history
