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$899,000
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID BB24116334
HOA Y/N No
Year Built 1949
Lot Size 8,764 Sqft
Property Sub-Type Triplex
Property Description
Incredible Van Nuys VALUE ADD opportunity. This triplex offers a total of 2,342 sq. ft. of living space, divided into three units. The property features a occupied 1 bed /1 bath / 650 sq ft front unit with its own separate front yard space, and two occupied 2 bed / 1 bath units. Each unit has separate gas and electric meters.
A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces.
There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.
A 3-car garage at the rear of the property, provides a prime ADU opportunity with space to create a separate yard for the ADU. The back unit offers a private yard and laundry facilities. Off street parking exists in front of the 3 car garage, in addition to 4 other tenant parking spaces.
There is significant potential to update the interiors and bring rents to current market value, enhancing the property's overall value. This is a rare opportunity to invest in a rapidly developing neighborhood and achieve excellent returns! PLEASE DO NOT GO DIRECT OR DISTURB TENANTS. EASY TO SHOW BY APPOINTMENT ONLY.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LARD1.5
Interior
Fireplace No
Laundry See Remarks
Exterior
Parking Features Garage, On Site, Shared Driveway
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2220006002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=xcLFyGgvKNE
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Listed by Bradley Gilboe • Exp Realty of California Inc.