$1,600,000
$1,725,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
7,479 Sqft Lot
SOLD DATE : 04/26/2024
Key Details
Sold Price $1,600,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24029558
Sold Date 04/26/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 7,479 Sqft
Property Description
Great Investment Opportunity on this Gated 9 unit Apartment Building with 2- 2 bedroom + 1.5 bath units and 7- 1 bedroom + 1 bath units. This Pride of ownership gated building has subterranean covered parking with 1 parking space per unit. Each unit has a storage cabinet above their parking space. There is a large onsite laundry room. Building is Seismic retrofitted and in great condition with newer roof, newer plumbing, recently updated electrical, some newer windows and partially painted. Great location near Van Nuys City Hall, courthouse and walking distance to Metro Busway Transportation. This Retro Looking building has been in a few movies because of it's look. Extra income was generated for the owner and tenants. Tremendous upside in rents. All tenants paid during Covid.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, Stone Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Assigned, Controlled Entrance, Concrete, Driveway, Underground, Electric Gate, Gated, Paved, Private, See Remarks
Garage Spaces 9.0
Garage Description 9.0
Fence Block, Chain Link, Wood, Wrought Iron
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks, Valley
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N No
View None
Roof Type Composition,Flat,Shingle
Parking Type Assigned, Controlled Entrance, Concrete, Driveway, Underground, Electric Gate, Gated, Paved, Private, See Remarks
Total Parking Spaces 9
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Lawn, Landscaped, Rectangular Lot, Street Level, Yard
Faces North
Story 2
Entry Level One
Foundation Raised
Sewer Public Sewer, Sewer Tap Paid
Water Public
Architectural Style Contemporary
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2240022012
Security Features Carbon Monoxide Detector(s),Security Gate,Resident Manager,Smoke Detector(s)
Energy Description 2877.0
Acceptable Financing Cash, Cash to New Loan, Trust Conveyance
Listing Terms Cash, Cash to New Loan, Trust Conveyance
Financing Cash
Special Listing Condition Trust
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Bought with Ramin Vakilzadeh • Joshua Nouri
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com