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7550 Ruffner Ave, Van Nuys
$899,000
3 Beds ⋅ 2 Baths ⋅ ACTIVE Status
BEST OPPORTUNITY IN SOUTHERN CA! Assumable 3.125% Loan! Welcome home to 7550 Ruffner Ave, a beautifully remodeled 3-bedroom, 2-bath retreat tucked on a quiet cul-de-sac just moments from Lake Balboa, Sherman Oaks, and an easy commute to the Westside. This home blends thoughtful updates with everyday livability and comes with a financial edge that's rare in today's market. Step inside to a large, open family floor plan filled with natural light, ideal for both everyday living and entertaining. French doors lead seamlessly from the living space to the backyard, blurring the line between indoor and outdoor living. The remodeled kitchen and living areas flow effortlessly into a spacious layout designed for modern life. The master suite is a true retreat, featuring a fireplace, spa-inspired bath with a large marble-tiled shower and separate water closet for added privacy. Two additional bedrooms and a second full bath round out the interior. Car enthusiasts, hobbyists, and entrepreneurs will love the detached 2-car garage, a standout feature built for serious use. It's equipped with two AC units, its own dedicated 100-amp sub panel, and a commercial-grade exhaust fan, making it perfect for a workshop, studio, or future ADU conversion. The real showstopper: this home comes with an assumable loan of approx. $550,000 at just 3.125% interest, locked in for the next 26 years. In today's rate environment, qualified buyers can step into a payment far below what a new loan would cost. This home allows assumption, making it one of the lowest monthly mortgage payments available on any comparable home in the area. This is a rare opportunity to combine a beautifully updated home with an unbeatable financing advantage. Don't miss your chance to own a move-in-ready home in a prime location with a loan that could save you hundreds per month. Schedule your private showing today. **2nd Chance for Savvy Buyers**

7550 Ruffner Ave, Van Nuys

Courtesy of Beverly & Company Luxury Properties, Cesar Leyva - CA DRE#01490664

6956 Kester Ave, Van Nuys
$4,595,000
37 Beds ⋅ 37 Baths ⋅ ACTIVE Status
INCREDIBLE AND HARD TO FIND ASSUMABLE LOAN FOR 65% OF THE PURCHASE PRICE!!!!!!!!!!!!!!!!!!! 3.75% FIXED- $3,000,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.57%; GIM equal to 8.3; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces. Marketing package attached under DOCS.

6956 Kester Ave, Van Nuys

Courtesy of Marcus & Millichap, Jeanette Monfared - CA DRE#00765098

14113 W Monroe Pl, Van Nuys
$795,000
3 Beds ⋅ 4 Baths ⋅ ACTIVE Status
Contemporary 3 bedroom, 4 bathroom tri-level home nestled in vibrant Van Nuys. Built in 2019, this thoughtfully designed residence combines clean modern design, flexible living spaces, and a natural indoor-outdoor flow. The entry level introduces a spacious flex space that easily adapts to your lifestyle -- whether envisioned as a family room, playroom, home office, gym, or creative studio. Two sets of sliding glass doors open to the private patio, creating an inviting extension of the living space for lounging, entertaining, or dining al fresco. A full bathroom, laundry room, and direct access to the private 2-car garage complete this level. Upstairs, the main living level unfolds into an airy open-concept space designed for both everyday living and effortless entertaining. At the heart of the home, the beautifully appointed kitchen is centered around a large island and features stainless steel appliances, sleek flat-front cabinetry and a generous pantry offering abundant storage. The kitchen flows seamlessly into the dining area before opening to the spacious living room, where oversized windows fill the space with natural light and lush treetop views. A spacious bedroom and full bathroom complete this floor. The upper level offers two ensuite bedrooms, including an expansive primary suite featuring a spa-inspired bath with dual vanity, an oversized shower clad in chic slate-colored tile, and a generous walk-in closet with custom built-ins. Large built-ins in the hallway add lots of additional storage opportunity on this level. Ideally located in the heart of the San Fernando Valley, just minutes from the 101 and 405 freeways, Burbank Airport, and the shopping, dining, and entertainment destinations of Sherman Oaks, Studio City, and the NoHo Arts District, this stunning home offers the perfect balance of style, flexibility, and convenience. Buyers may qualify for $15K in closing cost assistance and low- or no-down-payment financing based on the property's location. Ask for details.

14113 W Monroe Pl, Van Nuys

Courtesy of Compass, Andrew Sanchez - CA DRE#01918602

6901 Woodman Ave, Van Nuys
$1,300,000
ACTIVE Status
We are proud to present 6901 Woodman Avenue, a 55-unit RTI (Ready-To-Issue) 100% affordable housing development located in Van Nuys within the Van NuysNorth Sherman Oaks Community Plan Area of the City of Los Angeles.The project is fully RTI, allowing a developer to immediately pull permits and commence construction without additional entitlement exposure. Leveraging the City of Los Angeles' Executive Directive No. 1 (ED1) ministerial approval pathway in combination with Transit Oriented Communities (TOC) incentives, the approved plans achieve a high-density five-story residential development optimized for affordable housing execution.The approved plans call for a five-story Type V-A wood-frame structure with zero on-site parking, maximizing unit efficiency while aligning with current City housing production priorities. The design reflects cost-effective construction fundamentals relative to podium or high-rise alternatives.The building has been engineered under the 2020 City of Los Angeles Building Code and California Title 24 standards, incorporating 3-hour rated structural assemblies, STC-rated separation walls, and full life-safety compliance including NFPA-13 fire sprinklers, standpipe systems, emergency power provisions, and Fire Department access requirements per Los Angeles Fire Code. The fully detailed plans provide construction clarity and reduce technical execution risk for incoming ownership.Unlike many corridor-heavy ED1 sites, 6901 Woodman Avenue is situated within an established residential neighborhood characterized by surrounding multifamily and low-density housing rather than heavy commercial or industrial uses. This residential setting enhances long-term livability, supports tenant stability, and limits direct large-scale development competition.The property is located approximately four blocks from the future Metro Light Rail station at Vanowen Street and Van Nuys Boulevard, part of the East San Fernando Valley Light Rail Transit Project. This planned fixed-rail infrastructure will significantly enhance long-term connectivity throughout the Valley and into the broader Metro system, positioning the site within a publicly funded growth corridor benefiting from sustained transit investment.With RTI status, strong transit fundamentals, and a residential neighborhood setting, 6901 Woodman Avenue represents a rare opportunity to deliver high-density affordable housing with immediate construction readiness in one of the San Fernando Valley's most supply-constrained rental corridors.

6901 Woodman Ave, Van Nuys

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

14762 Friar St, Van Nuys
$1,750,000
10 Beds ⋅ 8 Baths ⋅ ACTIVE Status
Rare opportunity to purchase a newer-construction (2007) 4-unit apartment building in a prime Van Nuys location. This turnkey investment offers spacious units with contemporary layouts, high ceilings, central heating and air conditioning, private outdoor space, quality finishes, and on-site parking. Built after the City's 1978 rent control cutoff, the property is generally exempt from the Los Angeles Rent Stabilization Ordinance (buyer to independently verify). Ideally situated near employment centers, shopping, restaurants, and major transportation corridors, this asset presents an outstanding opportunity for stable cash flow with continued rental growth potential. Do not disturb tenants.

14762 Friar St, Van Nuys

Courtesy of Sperry Van Ness, Daniel Baird - CA DRE#01249675

14937 Sherman Way Unit 2, Van Nuys
$589,888
3 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Biarritz BLDG.
PRICE REDUCED TO SELL!!!! PRICED WELL BELOW VALUE!!!! Welcome Home to your beautiful 3Bed 2.5Baths Town Home Style Condo. 1,400 sq ft, large Private Patio (Outside Area), Exquisitely Remodeled throughout with Exceptional Mesmerizing Details. Stainless Steel Stove/Oven, Dishwasher and Microwave, granite counter tops, Inside Laundry, Updated Flooring, Freshly Painted Interior, updated lighting. Meticulously and Thoughtfully Designed. 2nd Floor consists of spacious Primary Bedroom with Walk-in Closet and Balcony Overlooking the courtyard & pool, PLUS 2 Bedrooms, 1Bed includes Private Balcony and Large Closet. The home counts on High Ceilings, a Spacious Living room with Fireplace and Separated Dining Area. Parking is gated with 2 side by side assigned parking spaces with storage. Building Amenities include Recreation/Multi-Purpose Room, Large Pool and Spa. This is a One-Of-A-Kind opportunity to own your own garden style Condo/Townhome in the heart of Van Nuys. HOA includes water and trash. Sold as is!!! No warranties/guarantees made. Seller and/or seller agent makes no representation as to room size, lot size, etc. Buyer to verify with appropriate entities and satisfy self. Some of the photographs in this listing are digitally staged. Furniture, decor, artwork, and other furnishings shown in these images are virtual renderings for illustrative purposes only and are not included with the property.

14937 Sherman Way Unit 2, Van Nuys

Courtesy of Propertycloud, Michael Bobadilla - CA DRE#01935039

6718 Katherine Ave, Van Nuys
$1,199,000
5 Beds ⋅ 3 Baths ⋅ ACTIVE Status
FULLY REMODELED HOME + PERMITTED ADU + SOLAR | MULTIGENERATIONAL & INCOME OPPORTUNITY. Welcome to this beautifully renovated property offering exceptional versatility, modern upgrades, and income-producing potential. The main residence has been thoughtfully updated with contemporary finishes, updated flooring, stylish fixtures, and an inviting floor plan designed for comfortable everyday living. A standout feature of this property is the detached ADU with its own separate address, providing a private and fully independent living space complete with a modern kitchen, updated bathroom, laundry area, mini-split HVAC system, and private entrance. Ideal for extended family, guests, a home office, or potential rental income. The outdoor areas have been enhanced with extensive concrete hardscape, mature landscaping, privacy fencing, covered entertaining spaces, and multiple areas for relaxing or hosting gatherings. Solar panels help improve energy efficiency while adding long-term value. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this unique property offers flexibility rarely found in today's market. Whether you're seeking multigenerational living, supplemental rental income, or simply a beautifully updated home with additional living space, this property presents an outstanding opportunity. Public records reflect the main residence as a 4-bedroom, 2-bathroom home; however, the property is currently configured with 5 bedrooms and 3 bathrooms, providing additional flexibility for larger households, multigenerational living, home office needs, or guest accommodations. Public records reflect approximately 1,912 sq. ft. for the main residence. Total advertised living area includes the permitted detached ADU; buyer to independently verify all square footage, permits, and property information. Buyer and Buyer's Agent to independently verify all permits, square footage, room count, and property information.

6718 Katherine Ave, Van Nuys

Courtesy of Inclusive Estates, Inc., Alen Kadimyan - CA DRE#01937425

6363 Tyrone Ave, Van Nuys
$14,750,000
71 Beds ⋅ 67 Baths ⋅ ACTIVE Status ⋅ - BLDG.
SVN proudly presents 6363 Tyrone Avenue, a newly constructed, 30-unit multifamily property in the heart of Van Nuys. Ideally located just south of Victory Boulevard and east of Van Nuys Boulevard, this modern four-story building offers a prime investment opportunity with strong rental demand and high occupancy. The property features spacious three-bedroom, two-bathroom units, most over 1,000 SF, with high-end finishes throughout. Each unit includes Samsung stainless steel appliances microwave, range, refrigerator, dish washer as well as washers and dryers, providing residents with luxury and convenience. Community amenities include a fully equipped fitness center, a resident lounge, and ample parking, with two spaces per unit. The building is strategically located in an Opportunity Zone, area known for offering potential tax advantages for investors. Prime Location: Situated between Tyrone Avenue and Sylmar Avenue, just south of Victory Boulevard. Freeway Access: Easy access to I-405 and US-101, connecting to major employment and entertainment hubs. Walk Score: 82 - Very Walkable. The rents and total amounts presented in the MLS are averaged out in calculated (contact for more information). The information presented here (anywhere in this listing) is deemed to be accurate, but it has not been independently verified. Photos are representational and may not accurately reflect the unit. We make no guarantee, warranty or representation. It is responsibility of any applicant to independently confirm accuracy and completeness.

6363 Tyrone Ave, Van Nuys

Courtesy of Sperry Van Ness, Daniel Baird - CA DRE#01249675

8221 Langdon Ave Unit 204, Van Nuys
$345,000
1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ Sandhill Condominiums BLDG.
Unlock the potential of this inviting blank canvas, perfect for a creative owner-user ready to customize their dream space or an investor seeking a value-add opportunity. Priced to sell, this condo offers an open and versatile floor plan with generous living and dining areas centered around a cozy fireplace. The spacious loft adds flexible bonus space ideal for a home office, guest area, or additional lounge. The oversized bedroom features a walk-in closet, providing both comfort and ample storage. Located within the interior of the complex, this unit offers a desirable setting with added privacy. Step out onto your private balcony to relax, unwind, and enjoy the surrounding community atmosphere; take a swim in the community pool.

8221 Langdon Ave Unit 204, Van Nuys

Courtesy of Keller Williams Beverly Hills, Rhonda DeVictor - CA DRE#01425413

14764 Sylvan St, Van Nuys
$3,900,000
16 Beds ⋅ 20 Baths ⋅ ACTIVE Status
14764 Sylvan Street presents the opportunity to acquire an eight-unit apartment building in Van Nuys featuring spacious two-bedroom, 2.5-bathroom townhome-style units with strong in-place income and additional rental upside. Built in 2007, the property is significantly newer than much of the surrounding multifamily inventory and offers approximately 1,240 to 1,410 square feet per unit, with an average unit size of approximately 1,294 square feet. Current monthly rents total approximately $23,950 compared to $25,870 at market, representing approximately $1,920 in additional monthly rental income potential. Each of the eight units has an individual APN, creating the potential for a future condominium conversion and individual unit sell-off strategy, subject to applicable documentation and approvals. Located in the heart of the San Fernando Valley, the property provides convenient access to major employment centers, freeways, public transportation, shopping, dining, and surrounding Los Angeles communities.

14764 Sylvan St, Van Nuys

Courtesy of Matthews Real Estate Investment Services, Daniel Withers - CA DRE#01325901

6250 Halbrent Ave, Van Nuys
$749,999
3 Beds ⋅ 1 Baths ⋅ ACTIVE Status
NO WHOLESALERS! JUST NO! SELLER NOT INTERESTED IN WHOLESALE DEALS! PLEASE READ IN FULL PRIOR TO CALLS/TEXTS/EMAILS!!! TENANTS REMAIN WITH CLOSE!!!***RENT RAISE ALERT! EFFECTIVE AUGUST 1ST, Rent to be $2,150*** OFFERS RECEIVED DID NOT MEET THE SELLER'S EXPECTATIONS OF PRICE OR TERMS. SO HERE'S YOUR OPPORTUNITY!! DON'T MISS OUT!! ALSO, ANY OFFERS REQUESTING THE PROPERTY TO BE DELIVERED VACANT THE SELLERS WILL NOT ENTERTAIN. PLEASE READ THE REMARKS! Yes at Ask has been submitted. Please Do Not call/text to ask the status. If it shows "Active" it is. Hello Investors and all categories of house Buyers alike! Here's your dream opportunity property! Let's start with the"Deets": 1.) The Seller is selling "As-Is", (No payment of Buyer's Home Warranty, Termite or other Inspections/Reports), with the Tenants in place over 20 yrs! No late/missed payments! Currently paying $2000 per month on Month-to Month, no current Lease(Of course required disclosures must be provided),Instant Cash Flow! (2.) DO NOT walk on property or speak to Tenants. (3). Property to be Viewed/Inspected with ACCEPTED OFFER ONLY (4.) Buyer/New Owner responsible for Tenant relocation, buyout,/ eviction,etc. Seller will not participate or be involved in any way. (5.) This vintage(ok a bit of a Fixer!) needs some vision,love, and elbow grease. But how about this benefit, Seller states it's been fully re-piped with copper plumbing!! Such potential to be transformed into a Van Nuys beauty. With over 6,000sqft lot, don't forget to consider the possibility of adding ADUs! So here's your house dream chance to let your sweat equity bring you rental/Flip income. Or create your own dream residence. Jump on it now to not miss out! Let's go!

6250 Halbrent Ave, Van Nuys

Courtesy of Your House Dreams Realty Inc., Christel Cottrell - CA DRE#01757093

7320 Lennox Ave Unit F7, Van Nuys
$469,000
2 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Walnut Gardens II BLDG.
FULLY REMODELED two-story condo offering 2 bedrooms, 3 bathrooms (1 full and 2 half), and 1,167 sq. ft. of modern living. Currently the largest and most updated unit available in this community. This townhome delivers true peace of mind with everything brand new including windows, doors, flooring, lighting, and finishes throughout. The open-concept layout is anchored by a beautifully upgraded kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, and a wine fridge perfect for everyday living or entertaining. Upstairs, both spacious bedrooms offer comfort and privacy, while all bathrooms have been thoughtfully redesigned. Additional highlights include secured, covered tandem parking for 2 cars with storage and access to a community laundry facility, just steps from the unit. A rare opportunity to own a truly turnkey property just move in and enjoy.

7320 Lennox Ave Unit F7, Van Nuys

Courtesy of eXp Realty of California Inc, Jason Anderson - CA DRE#01762393

6250 Fulton Ave Unit 205, Van Nuys
$495,000
2 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ Los Feliz Properties BLDG.
Welcome to 6250 Fulton Ave #205, a bright top-floor 2-bed, 2-bath condo in a quiet, well-maintained Valley Glen community. Filled with natural light throughout the day, the spacious living room features oversized windows and an open layout that flows seamlessly from the dining area into the kitchen. The kitchen offers updated countertops, modern cabinetry, and stainless steel appliances. A private hallway creates separation and flow, leading to both bedrooms, each with en suite bathrooms and generous closet space, all bathed in natural light. Additional features include a private balcony, central A/C, two tandem gated parking spaces, and extra storage. Community amenities include a pool, secure underground parking, and on-site laundry.Ideally located just off Coldwater Canyon, moments from Studio City's dining and shopping, with convenient access to the 170 freeway.

6250 Fulton Ave Unit 205, Van Nuys

Courtesy of Pardee Properties, Hessel Evelaar - CA DRE#02147656

14827 Victory Blvd, Van Nuys
$4,500,000
ACTIVE Status
NON RENT CONTROL - Newly built gorgeous 9 unit building in the heart of the San Fernando Valley conveniently located at Kester Ave and Victory Blvd, between Van Nuys Blvd and the 405 freeway, providing central access to major employment hubs including Sherman Oaks, Encino, Burbank, Warner Center and North Hollywood. Quality modern construction with full subterranean parking. You could not build it for this cost today - Only $345 per foot. Unit mix is very attractive with large 3 and 4 bedroom townhouse style units. The units range from 1350 - 1650 sq ft each. This is a low maintenance and easy management property creating stable cash flow. Van Nuys offers more attainable rents compared to Sherman Oaks and Studio city , driving consistent tenant demand. The East San Fernando Valley Light Rain Transit Project along Van Nuys Blvd is expected to connect the area to the broader Metro system, increasing long term accessibility and property values. Continued Investment in the area and along Van Nuys Blvd aims at improving walkability and commercial activity. The nearby Van Nuys airport is one of the busiest general aviation airports in the world and supports thousands of aviation and aerospace jobs.

14827 Victory Blvd, Van Nuys

Courtesy of Keller Williams Studio City, Alex Galuz - CA DRE#01291486

7045 Woodley Ave Unit 110, Van Nuys
$315,000
2 Beds ⋅ 2 Baths ⋅ ACTIVE UNDER CONTRACT Status ⋅ Montecito Garden BLDG.
Huge price reduction to sell now. The seller has paid all current mandatory special assessments in full. This is a great opportunity to get a 2-bedroom home at an attractive price. Construction will be completed. The property will be sold as-is, which is why the price was reduced. Please submit a clean offer. The building is currently undergoing renovations and is expected to be upgraded into a more modern and attractive community. Now vacant and ready for immediate move-in! This upgraded and affordable condo offers great value for both owner-occupants and investors. The unit features a bright living room, dining area, and an updated kitchen. The primary bedroom includes a walk-in closet. Enjoy the convenience of an in-unit washer and dryer and central HVAC. The unit also includes two parking spaces. The building is undergoing improvements, which may add future value for the new owner. Community amenities include a gym, pool, and sauna. Excellent location near Lake Balboa, shopping centers, restaurants, and easy freeway access. Move-in ready.

7045 Woodley Ave Unit 110, Van Nuys

Courtesy of Keller Williams Beverly Hills, Won Mo - CA DRE#02207272

14426 Friar St, Van Nuys
$1,499,000
2 Beds ⋅ 4 Baths ⋅ ACTIVE Status
Prime Mixed-Use Property Near Van Nuys Courthouse. This exceptional mixed-use property offers versatility and modern upgrades in a prime location. The ground floor features two storefronts, each with a private entrance, which can be used separately or combined into a spacious retail or office area. Upstairs, two private 1-bedroom, 1-bathroom residential units each with its own entrance provide convenience and privacy.Recently remodeled, the property boasts new plumbing, electrical, windows, drywall, fresh interior and exterior paint, and a brand-new tankless water heater. The upgraded AC system ensures year-round comfort. A private parking lot at the rear accommodates 710 vehicles and includes additional storage space.Perfect for retail, office, warehouse, or investment opportunities, this property is a rare find.

14426 Friar St, Van Nuys

Courtesy of The Beverly Hills Estates, Danielle Peretz - CA DRE#01897529

14541 Hart St, Van Nuys
$925,000
3 Beds ⋅ 3 Baths ⋅ ACTIVE Status
Exceptional Investment Opportunity with LAR3 zoning! This fabulous detached multi-residential duplex is truly an investor's dream, offering the exciting potential to build more units (buyer to verify). The front unit -14541 Hart - is thoughtfully set back from the street and comes with the convenience of four front parking spaces. This unit features 2 bedrooms and 2 baths, and has some updates including central AC. The kitchen has granite counters and ample cabinetry. The detached back unit - 14539 Hart - offers 1 bedroom and 1 bath, complete with window AC units for those warm summer days. Two rear parking spaces are included for added convenience. Nestled between these units is a 120 square foot storage shed, providing extra space for your storage needs. Moreover, the property features a detached garage with ready, approved, and paid plans for conversion, offering the potential to be transformed into an additional unit, which could bring in extra income. A large yard space behind the garage unit enhances the property's outdoor appeal. This amazing investment could be a valuable addition to your real estate portfolio, or serve as a home with additional income to offset the mortgage payment. The location is prime, providing easy access to shopping, public transportation, local freeways, and more! Whether you are looking to offset your mortgage or build a multi-unit property, this can be your perfect opportunity!

14541 Hart St, Van Nuys

Courtesy of Compass, Luda Rosenbaum - CA DRE#01724645

5750 Kester Ave, Van Nuys
$3,460,000
14 Beds ⋅ 16 Baths ⋅ ACTIVE Status
5750- 5752 Kester Ave, Van Nuys A fully occupied, modern two-building complex built in 2021, featuring a boutique collection of four contemporary townhomes near the heart of Sherman Oaks. The rear two units each offer 4 bedrooms and 4.5 bathrooms with direct access to a private tandem 2-car garage and a patio off the living area. The front two units include 3 bedrooms and 3 bathrooms, each with a detached tandem 2-car garage. Every residence showcases a sleek modern kitchen, in-unit laundry area, tankless water heaters, and abundant natural light throughout. Situated on a private corner lot, this turnkey investment combines style, functionality, and exceptional income-producing property just moments from premier shopping, dining, and major freeways.

5750 Kester Ave, Van Nuys

Courtesy of The Beverly Hills Estates, Danielle Peretz - CA DRE#01897529

14216 Calvert St, Van Nuys
$1,150,000
8 Beds ⋅ 7 Baths ⋅ ACTIVE Status
*Financial Metrics* - 5.28% Cap Rate, 10.81 GRM, 104% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. *ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.

14216 Calvert St, Van Nuys

Courtesy of Houze Real Estate Management, Kelly Morgan - CA DRE#01898026

6840 Kester Ave, Van Nuys
$4,400,000
41 Beds ⋅ 26 Baths ⋅ ACTIVE Status
This 20-unit Apartment building is a well-maintained asset in Van Nuys, CA. New Roof just completed. Centrally located in the San Fernando Valley, this complex has almost immediate access to the 101, 405, 170, and 118 freeways, as well as an abundance of public transportation, including a new line currently in construction: the East San Fernando Valley Light Rail Transit project, that will feature 11 stops from Van Nuys to Pacoima. This property features a favorable unit mix, with 15 of the 20 units being 2 & 3 bedroom units (25% 1 bedrooms, 75% 2 & 3 bedrooms), with private patios/balconies, and a pool. This two-story building also has secure, gated parking with covered spaces, and seismic retrofitting has been completed. This property sits on a corner lot, on the corner of Kester Ave. and Hartland St., just north of Vanowen St. The Van Nuys location is very walkable and bikeable with good transit.

6840 Kester Ave, Van Nuys

Courtesy of David Ballin Kaufman, David Kaufman - CA DRE#01217537

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