14849 Vanowen St, Van Nuys, CA, 91405
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Property Details
31
36
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 31 • Bathrooms: 36 • Square Feet: 22010 • Lot/Size: 30,651 sqft lot
Description: Having undergone several major upgrades, the property contains full copper plumbing, new vinyl windows, and completed seismic retrofit repairs (Buyer to verify), which all combine to lower both maintenance and utility expenses for a new owner. Despite the fact that the property offers strong immediate cash flow at an 8.98 GRM, the asset also allows an investor to potentially recapture the approximately 30% in rent upside via annual rent increases and natural turnover. In addition to rent collections, the property offers multiple supplemental income streams, including RUBS collections, laundry income, parking income, pet rent, and renter's insurance collections. Potential residents are attra
Location
Address
14849 Vanowen St, Van Nuys, CA, 91405
City
Van Nuys
Features and Finishes
Year Built: 1972; [object Object]; [object Object]; [object Object]
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