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$855,000
Est. payment /mo
6,753 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25041034
HOA Y/N No
Lot Size 6,753 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
"Exceptional Triplex Opportunity in Van Nuys". A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on each floor. Parking is convenient with two uncovered spaces adjacent to the back unit, one parking space behind the front house, and ample street parking available. Each unit has its own gas & electric meter, while a single water meter, paid by the owner. This property offers the potential for an additional unit, increasing its value and rental income. Currently, it yields a favorable rental return with the opportunity to update the rents annually without displacing the current tenants, ensuring a steady income stream. This triplex is a sound investment in a neighborhood poised for growth, offering both immediate and long-term financial benefits. ***DRIVE BY ONLY. Please refrain from disturbing the tenants.
"Exceptional Triplex Opportunity in Van Nuys". A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on each floor. Parking is convenient with two uncovered spaces adjacent to the back unit, one parking space behind the front house, and ample street parking available. Each unit has its own gas & electric meter, while a single water meter, paid by the owner. This property offers the potential for an additional unit, increasing its value and rental income. Currently, it yields a favorable rental return with the opportunity to update the rents annually without displacing the current tenants, ensuring a steady income stream. This triplex is a sound investment in a neighborhood poised for growth, offering both immediate and long-term financial benefits. ***DRIVE BY ONLY. Please refrain from disturbing the tenants.
"Exceptional Triplex Opportunity in Van Nuys". A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on each floor. Parking is convenient with two uncovered spaces adjacent to the back unit, one parking space behind the front house, and ample street parking available. Each unit has its own gas & electric meter, while a single water meter, paid by the owner. This property offers the potential for an additional unit, increasing its value and rental income. Currently, it yields a favorable rental return with the opportunity to update the rents annually without displacing the current tenants, ensuring a steady income stream. This triplex is a sound investment in a neighborhood poised for growth, offering both immediate and long-term financial benefits. ***DRIVE BY ONLY. Please refrain from disturbing the tenants.
Location
State CA
County Los Angeles
Area Van Nuys (91401)
Zoning Assessor
Interior
Cooling Wall/Window
Appliance Floor Furnace
Exterior
Exterior Feature Stucco
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $106
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
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Listed by Rodolfo Anaya • Lux Realty