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14205 Burbank Blvd
Van Nuys, CA 91401 Van Nuys

$1,750,000 USD

Apartments For Sale  •  6,478 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,478 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1964
  • Zoning LAR3
50 Transit Score
70 Walk Score

Highlights

Prime Sherman Oaks location with an excellent unit mix of (2) 1+1, (4) 2+2, and (1) 3+2 apartments
Strong current 5.9 % Cap Rate with nearly $105,000 in annual NOI and immediate cash flow.
Significant rental upside with current rents below market, offering substantial future income growth.
Well-maintained 7-unit building featuring 6,478 rentable square feet on a 6,513 square foot lot.
Attractively priced at just $250,000 per unit and $270 per square foot in one of the Valley's premier rental markets.
Outstanding Sherman Oaks location just minutes from Ventura Boulevard, the Sherman Oaks Galleria, and the 101 & 405 Freeways.

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.4 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 6.7 mi
AirportDriveWalkDistance
Bob Hope 15 min - 6.7 mi
Los Angeles International 29 min - 19.9 mi
Long Beach (Daugherty Field) 48 min - 37.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Covered
Included in Rent: Yes
Cindy Hill 818-640-4360 Equity Union Commercial
Cindy Hill 818-640-4360 Equity Union Commercial