Apartments For Sale • 9,460 SF
| Eric Dilanian & The Dilanian Real Estate Advisors, Present 16 Units in highly desirable Lake Balboa Neighborhood of Van Nuys |
| (16) Unit 1976 Built Apartment with a Unit Mix of (15) 1 Bedroom Units & (1) Studio Unit |
| Upside Opportunity: Low Basis Acquisition at $134K/Unit, and Abundant Space to Utilize SB 1211 - Allowing for up to 8 Detached ADU's (Buyer to Verify) |
| Rare Opportunity: First time Offered for Sale in 40 Years! |
| Building SF & Zoning: ± 9,460 SF | Zoned: R3-1 |
| Located in a strong rental location and in close proximity to Lake Balboa, Sepulveda Basin Recreation Area, Sherman Oaks, NOHO, Encino, CSUN |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 3.3 mi |
| Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.2 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 17 min | - | 7.4 mi |
| Los Angeles International | 29 min | - | 20.3 mi |
| Long Beach (Daugherty Field) | 47 min | - | 37.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 17 |
| Type: | Surface |
| Included in Rent: | Yes |