Description

8 Unit Apartment Building for Sale

Van Nuys, CA, 8 units: (2) of 2+1, and (6) of 1+1, 2 stories, zoned LAR3-1
building size: 5,854 sq. ft., Lot size: 8,750 sq. ft., (50x175),
frame-stucco, good condition, parking, pitched composition roof,
Near Victory and Hazeltein, stable tenants.
Separate gas and electric meters for all units.
No vacancies now. Rents have room for upside,
Buyer can assume existing loan, or get a new loan.

Current monthly gross: $7,810; annual: $93,720

Current expenses: $21,613

List Price: $1,190,000 Make an offer