14534 Saticoy St, Van Nuys, CA 91405

$4,900,000
15,136
SqFt

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List Price
$4,900,000
MLS#
26693503
Status
ACTIVE
Type
Multifamily
Living Area
15,136

Property Description

A rare opportunity to acquire a 31-unit apartment building located at 14534 Saticoy Street in Van Nuys, California - a dynamic submarket within the San Fernando Valley. The Property is well-maintained and features an attractive mix of bachelor, studio, and one-bedroom units. Twenty-one units have been renovated to include upgraded kitchen countertops, appliances, new flooring, new cabinets, bathrooms and fixtures. Stable occupancy history and strong recent leasing activity demonstrate a path to a rental upside and improving cash flows going forward.

Additional Information

Pool
Yes
Year Built
1961
Garage
Controlled Entrance, Driveway Gate

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Calculator source: Real Geeks

Courtesy of CB Richard Ellis, Inc., Kadie Presley.

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