Apartments For Sale • 24,115 SF
| A rare turnkey opportunity, potentially stabilized at a near 5.70% CAP rate at market rents. |
| Uniquely positioned within a designated Opportunity Zone, providing potential tax advantages for long-term investors. |
| Spacious, thoughtfully designed units, each featuring a private balcony and in-unit washer/dryer. Two massive penthouse units with enormous balconies. |
| Offers 30 dedicated parking spaces located behind a secure, gated entrance, providing value and residents with both convenience & peace of mind. |
| Located in a thriving neighborhood with approximately 20 new multifamily development projects within the Van Nuys submarket. |
| Proven strong rental demand and high occupancy rates, fueled by job growth, affordability, and an increase in population. |
| Cap Rate: | 5.69 % |
| Total Expenses: | $253,938 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 6 min | - | 2.4 mi |
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 15 min | - | 6.5 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 16 min | - | 6.8 mi |
| Los Angeles International | 30 min | - | 20.1 mi |
| Long Beach (Daugherty Field) | 49 min | - | 37.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 30 |
| Type: | Covered |
| Included in Rent: | Yes |