14534 Saticoy Street, Van Nuys, CA 91405

$4,900,000
15,136
SqFt

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List Price
$4,900,000
Status
ACTIVE
MLS#
26693503
Year Built
1961
Living Sq. Ft
15,136
Lot Size
21,439
Acres
0.49
Days on Market
164
Property Type
Multifamily
Stories
Two Levels

Property Description

A rare opportunity to acquire a 31-unit apartment building located at 14534 Saticoy Street in Van Nuys, California - a dynamic submarket within the San Fernando Valley. The Property is well-maintained and features an attractive mix of bachelor, studio, and one-bedroom units. Twenty-one units have been renovated to include upgraded kitchen countertops, appliances, new flooring, new cabinets, bathrooms and fixtures. Stable occupancy history and strong recent leasing activity demonstrate a path to a rental upside and improving cash flows going forward.

Additional Information

Appliances
Gas Cooktop, Refrigerator
Pool Description
Community, Fenced
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
31
Levels
Two
Parking Spaces
24

Listing courtesy of Listing Agent: Kadie Presley (Kadie.PresleyWilson@cbre.com) from Listing Office: CB Richard Ellis, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.