Outstanding investment opportunity in a convenient Van Nuys location! Situated on a prominent corner lot, this four-unit residential income property offers approximately 4,726 square feet of building area on a 6,235-square-foot parcel, presenting an appealing opportunity for investors seeking a multifamily acquisition with long-term income potential. Originally constructed in 1952 and substantially expanded in the early 1990s, the two-story property features four generously sized residential units, previously configured as three 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. The exterior features stucco construction, established landscaping, mature trees, colorful flowering bougainvillea, gated pedestrian access, individual exterior entries, and concrete walkways connecting the residences. Rear alley access leads to a substantial off-street parking area with covered parking, an especially desirable convenience for a multifamily property. Previous listing information indicates separate gas and electric meters serving the four units and a common water meter. The property's substantial unit sizes, established residential configuration, and potential for future improvements and income growth make it an appealing opportunity for investors looking to expand or establish a rental portfolio, subject to existing tenancies and applicable regulations. Conveniently located near Lake Balboa, the Sepulveda Basin Recreation Area, Woodley Lakes Golf Course, shopping, dining, public transportation, and the 101 and 405 freeways. An opportunity to acquire a four-unit property in the heart of the San Fernando Valley. Buyer to independently verify all information, including square footage, unit configurations, permits, parking, rents, expenses, and property condition.
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Listed with Equity Union
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/28/26 5:01 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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