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    BEDS
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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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School Ratings & Info

Description

10+1 units. Pride of ownership - turn key opportunity. Long term residents, mostly veterans. 100% collections through pandemic, per seller. Soft story retrofit completed, Certificate of Compliance received. 10 legal units. Eleventh unit could be ADU with City approval. Architectural renderings complete. Non-smoking building, rents due for increase. walk score of 75 - very Walkable. Building part of Area Lighting Program. Some Type L copper plumbing - Laterals. Section 8 residents except units 8 and 11. 10 units Vintage Western Holly Stoves.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T19:33:34.027. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/113390010
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14919 Hartland Street Van Nuys, CA 91405

  • Price: $2,327,500
  • Status: Active
  • Updated: 59 min ago
  • ID#: SR21011822
0
Beds
0
Baths
0
½ Baths
0.19
Acres
6,850
SQFT
$340
$/SQFT
1961
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
10+1 units. Pride of ownership - turn key opportunity. Long term residents, mostly veterans. 100% collections through pandemic, per seller. Soft story retrofit completed, Certificate of Compliance received. 10 legal units. Eleventh unit could be ADU with City approval. Architectural renderings complete. Non-smoking building, rents due for increase. walk score of 75 - very Walkable. Building part of Area Lighting Program. Some Type L copper plumbing - Laterals. Section 8 residents except units 8 and 11. 10 units Vintage Western Holly Stoves.
Exterior Features

Lot Features Landscaped Number Of Separate Electric Meters 11 Parking Total 10 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.54 Common Interest None Community Features CurbsGutter(S)Sidewalks Electric Expense 3006 Fuel Expense 1644 Garage YN No Gross Income 172788 Gross Scheduled Income 172788 Insurance Expense 3948 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Maintenance Expense 8639 Net Operating Income 105581 New Construction YN No New Taxes Expense 27930 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 1 Operating Expense 63751 Other Expense 1308 Pest Control Expense 600 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2628 Vacancy Allowance 3456 Vacancy Allowance Rate 2 Water Sewer Expense 3006 Water Source Public Zoning Lard1.5

Listing provided courtesy of Braemon Hanes of Hanes Investment Rlty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T19:33:34.027. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395